Dividend Declaration

Caterpillar Inc
12 December 2001


Caterpillar Inc. today declared a quarterly cash dividend of thirty-five cents 
($0.35) per share on its common stock, payable February 20, 2002, to 
stockholders of record at the close of business January 22, 2002.

This maintains the dividend rate declared for the previous quarter. 

Ex-dividend date is January 17, 2002.