Graco Increases Regular Quarterly Dividend by 3 Percent


MINNEAPOLIS -- The Board of Directors of Graco Inc. (NYSE: GGG) has declared a regular quarterly dividend of 19 cents per common share, an increase of 3 percent, payable on February 4, 2009, to shareholders of record at the close of business on January 20, 2009. The Company has approximately 59.5 million shares outstanding.

Graco Inc. supplies technology and expertise for the management of fluids in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries. For additional information about Graco Inc., please visit us at www.graco.com.

Contacts
Graco Inc.
James A. Graner,
612-623-6635

Source: Graco Inc.

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