I.A.M. Local Ratifies New Labor Contract With Maytag's Amana, Iowa, Facilities

I.A.M. Local Ratifies New Labor Contract With Maytag's Amana,
Iowa, Facilities 


NEWTON, Iowa, Sept. 25  /PRNewswire-FirstCall/ -- Maytag Corporation (NYSE:
MYG) announced today that Local 1526 of the International Association of
Machinists and Aerospace Workers (I.A.M.) ratified a new three-year contract
covering production and maintenance employees at Maytag's refrigeration
manufacturing facilities in Amana, Iowa.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20000505/MYGLOGO )

The new contract was ratified by members at a meeting today.  The previous
contract was set to expire at 12:01 a.m. Sunday.

"We are pleased to have reached this new labor agreement between the I.A.M.
Local 1526 and Maytag," said Mark Krivoruchka, Maytag senior vice president,
human resources.  "This agreement demonstrates a willingness on the part of
both parties to address the critical issues impacting our business to allow us
to become more customer-responsive and competitive in the marketplace."

Maytag Corporation is a leading home and commercial appliances company. Its
products are sold to customers throughout North America and in international
markets.  The corporation's principal brands are Maytag(R), Hoover(R),
Jenn-Air(R), Amana(R), Dixie-Narco(R) and Jade(R).

Forward-Looking Statements

Certain statements in this news release, including any discussion of management
expectations for future periods, constitute "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995.  Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause actual results to differ materially from the
future results expressed or implied by those statements. For a description of
such factors, refer to "Forward Looking Statements" in the Management's
Discussion and Analysis section of Maytag's Annual Report on Form 10-K for the
year ended January 3, 2004, and each quarter's 10-Q.

   Media Contact:  Lynne Dragomier
                   Maytag Corporate Communications
                   [phone]
                   

http://www.newscom.com/cgi-bin/prnh/20000505/MYGLOGO

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DATASOURCE: Maytag Corporation



CONTACT:  Lynne Dragomier, Maytag Corporate Communications,

[phone], 



Web site:  http://www.maytagcorp.com/ 

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