Dividend Declaration

Caterpillar Inc
12 October 2005

                                                                October 12, 2005
FOR IMMEDIATE RELEASE

                    Caterpillar Inc. Maintains Dividend Rate

PEORIA, IL -- Caterpillar Inc. (NYSE: CAT) today declared a quarterly cash
dividend of twenty-five cents ($0.25) per share on its common stock, payable
November 19, 2005, to stockholders of record at the close of business October
24, 2005.

This maintains the dividend rate for the previous quarter.

For more than 80 years, Caterpillar Inc. has been building the world's
infrastructure and, in partnership with its worldwide dealer network, is driving
positive and sustainable change on every continent. With 2004 sales and revenues
of $30.25 billion, Caterpillar is a technology leader and the world's
leading manufacturer of construction and mining equipment, diesel and natural
gas engines and industrial gas turbines. More information is available at
www.cat.com.


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