MYERS INDUSTRIES DECLARES
TEN PERCENT STOCK DIVIDEND

FOR IMMEDIATE RELEASE: July 29, 1999, Akron, Ohio-The Board of Directors of Myers Industries, Inc. (AMEX: MYE) today declared a 10 percent stock dividend payable August 31, 1999, to shareholders of record as of August 13, 1999. The Board then declared a $.06 per common share quarterly cash dividend payable October 1, 1999, to shareholders of record as of September 10, 1999. The per share dividend will be paid on the increased number of shares resulting from the 10 percent stock dividend. This is the 24th consecutive year in which the Company has raised its effective cash payout.

Myers Industries, Inc., headquartered in Akron, Ohio, is a global manufacturer of polymer and metal products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire service and automotive underbody repair industry in the United States.

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