MYERS INDUSTRIES DECLARES
TEN PERCENT STOCK DIVIDEND

FOR IMMEDIATE RELEASE: July 24, 1997, Akron, Ohio -- Myers Industries, Inc. (AMEX: MYE) Board of Directors at a meeting held today, declared a 10 percent stock dividend payable August 29, 1997 to shareholders of record as of August 6, 1997. The Board then declared a $.05 per share quarterly cash dividend payable October 1, 1997 to shareholders of record as of September 12, 1997. The per share dividend will be paid on the increased number of shares resulting from the 10 percent stock dividend. This is the 22nd consecutive year in which the Company has raised its cash payout.

Myers Industries, Inc. is a diversified manufacturer of polymer and metal products for industrial, commercial, and consumer markets; and a nationwide wholesale distributor of tire repair, and undercar service products.

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