AKRON, Ohio, October 5, 1999 -- Directors of The Goodyear Tire & Rubber Co. today declared a quarterly dividend of 30 cents a share. The dividend is payable December 15, to shareholders of record November 16. The payout represents an annual rate of $1.20 per share.

Goodyear is the world's largest tire and rubber company. Headquartered in Akron, Ohio, the company manufactures tires, engineered rubber products and chemicals in more than 90 facilities in 30 countries. It has marketing operations in almost every country around the world. Goodyear, with the addition of its Dunlop tire joint ventures, employs more than 105,000 people worldwide.