Company News

Dial Stockholders Approve Henkel Merger

The Dial Corporation announced that its stockholders approved the merger agreement entered into by Dial and Henkel in December 2003. Holders of approximately 63.6% of Dial’s outstanding common stock voted in favor of the merger. Of the outstanding shares that were cast at the meeting, 98.8% voted in favor of the merger with less than 1% voting against. The closing of the transaction is subject to customary closing conditions and is expected to occur on March 29, 2004.

Herbert M. Baum, Dial’s chairman, president and chief executive officer, said, “This overwhelming vote demonstrates that this transaction is in the best interests of our shareowners.”

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