ASD Amer Standard CO

PISCATAWAY, N.J., Dec. 8 /PRNewswire-FirstCall/ -- American Standard Companies Inc. (NYSE:ASD) today announced that its board of directors has authorized an additional $500 million for the repurchase of common stock through December 2006. "We are pleased to provide these cash returns to our shareowners," said Poses. The company plans to purchase, from time to time, depending on market conditions and other factors, shares in the open market or through privately negotiated transactions at prevailing market prices. American Standard is an $9.5 billion global manufacturer with market leading positions in three businesses: air conditioning systems and service, sold under the Trane(R) and American Standard(R) brands for commercial, institutional and residential buildings; bath and kitchen products, sold under such brands as American Standard(R) and Ideal Standard(R); and vehicle control systems, including electronic braking and air suspension systems, sold under the WABCO(R) name to the world's leading manufacturers of heavy-duty trucks, buses, SUVs and luxury cars. The company employs approximately 61,000 people and has manufacturing operations in 28 countries. American Standard is included in the S&P 500. DATASOURCE: American Standard Companies Inc. CONTACT: Media: Lisa Glover, +1-732-980-6048, , or Shelly London, +1-732-980-6175, , or Investors and financial analysts: Bruce Fisher, +1-732-980-6095, , or Todd Gleason, +1-732-980-6399, , all of American Standard Companies Inc. Web site: http://www.americanstandard.com/

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