TAYLOR, Mich., June 22 /PRNewswire-FirstCall/ -- Masco Corporation (NYSE: MAS) today announced that its Board of Directors has declared a quarterly dividend of $.23 per common share payable on August 6, 2007, to shareholders of record on July 6, 2007. Headquartered in Taylor, Michigan, Masco Corporation is one of the world's leading manufacturers of home improvement and building products as well as a leading provider of services that include the installation of insulation and other building products. Masco Corporation's press releases and other information are available through the Company's toll free number, 1-888-MAS-NEWS, or under the Investor Relations section of Masco's website at http://www.masco.com/. Statements contained herein may include certain forward-looking statements regarding Masco's future sales, earnings growth potential and other developments. Actual results may vary materially because of external factors such as interest rate fluctuations, changes in consumer spending and other factors over which management has no control. The Company believes that certain non-GAAP performance measures and ratios, used in managing the business, may provide users of this financial information with additional meaningful comparisons between current results and results in prior periods. Non-GAAP performance measures and ratios should be viewed in addition to, and not as an alternative for, the Company's reported results under accounting principles generally accepted in the United States. Additional information about the Company's products, markets and conditions, which could affect the Company's future performance, is contained in the Company's filings with the Securities and Exchange Commission and is available on Masco's website at http://www.masco.com/. Masco undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. DATASOURCE: Masco Corporation CONTACT: Maria C. Duey of Masco Corporation, +1-313-792-5500 Web site: http://www.masco.com/ Company News On-Call: http://www.prnewswire.com/comp/535350.html

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