BLOOMINGTON, Minn., May 16, 2002 /PRNewswire-FirstCall via COMTEX/ -- The board of directors of The Toro Company (NYSE: TTC) announced it has declared a regular quarterly cash dividend of 12 cents per share payable July 12, 2002 to stockholders of record June 18, 2002. As of June 18, the company has 12,676,725 common shares outstanding.

Toro is a leading worldwide provider of outdoor maintenance and beautification products for home, recreation and commercial landscapes.

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SOURCE The Toro Company

CONTACT:          Investors, Stephen P. Wolfe, Vice President, CFO,
                  +1-952-887-8076, or Stephen D. Keating, Assistant Treasurer, Director,
                  Investor Relations, +1-952-887-8526, or Media Relations, Shelley Benedict of
                  Toro Media Relations, pr@toro.com , +1-952-887-8930, all of The Toro Company
                  /Company News On-Call:  http://www.prnewswire.com/comp/103025.html 

URL:              http://www.toro.com 
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