KAMNA Kaman (MM)

Kaman Board of Directors Approve 13.6 Percent Dividend Increase BLOOMFIELD, Conn., June 7 /PRNewswire-FirstCall/ -- The Kaman Corporation (NASDAQ:KAMNA) board of directors today declared a regular quarterly dividend of 12.5 cents per share on shares of Kaman common stock. The dividend will be paid on July 11, 2005 to shareholders of record on June 27, 2005. The dividend represents an increase of 13.6 percent and raises the expected annual dividend rate from $.44 to $.50 per share, subject to the board's periodic review of its dividend policy. Mr. Paul R. Kuhn, chairman, president and chief executive officer, said, "Kaman has paid a cash dividend to its shareholders each quarter since 1971 and has maintained the current dividend rate for the past 16 years. The increase we are announcing today is a reflection of the progress the board of directors and management believe has been made over the past several years and our confidence in the company's competitive position in the principal markets we serve." Kaman Corp. conducts business in the aerospace, industrial distribution and music markets. DATASOURCE: Kaman Corporation CONTACT: Russell H. Jones, SVP, Chief Investment Officer & Treasurer of Kaman Corporation, +1-860-243-6307, Web site: http://www.kaman.com/ Company News On-Call: http://www.prnewswire.com/comp/480450.html

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