/C O R R E C T I O N - A. O. Smith Corporation/ In the news release, A. O. Smith Announces Second Quarter Earnings of $.58 Per Share, issued earlier today by A. O. Smith Corporation over PR Newswire, the following financial table, titled 'Business Segments', was inadvertently omitted by PR Newswire. A. O. SMITH CORPORATION AND SUBSIDIARIES Business Segments (dollars in millions) Three Months ended Six Months ended June 30 June 30 2004 2003 2004 2003 Net sales Electrical Products $227.7 $227.6 $451.3 $440.7 Water Systems 209.6 190.0 402.5 364.8 $437.3 $417.6 $853.8 $805.5 Operating earnings Electrical Products $17.4 $18.6 $34.5 $36.2 Water Systems 18.7 17.8 27.5 29.9 36.1 36.4 62.0 66.1 Corporate expenses (6.9) (4.2) (13.5) (10.1) Interest expense (3.2) (3.0) (6.4) (5.9) Earnings before income taxes 26.0 29.2 42.1 50.1 Provision for income taxes (8.7) (9.4) (14.1) (16.6) Net earnings $17.3 $19.8 $28.0 $33.5 DATASOURCE: A. O. Smith Corporation CONTACT: Media, Edward O'Connor, +1-414-359-4100, or Analyst-Investor, Craig Watson, +1-414-359-4009, both of A.O. Smith Corporation Web site: http://www.aosmith.com/

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