ATLANTA, March 25, 2008 /PRNewswire-FirstCall/ -- Newell Rubbermaid (NYSE: NWL) today announced the commencement of the public offering of $500 million of its 5.50% Notes due 2013 and $250 million of its 6.25% Notes due 2018 (collectively, the "Notes"). Net proceeds from this offering will be used to fund announced acquisitions and repay debt, and for general corporate purposes. The Notes will be unsecured and unsubordinated obligations of Newell Rubbermaid and will rank equally with all of Newell Rubbermaid's existing and future senior unsecured debt. Barclays Capital, Citi and Goldman, Sachs & Co. are acting as the joint book-running managers for the public offering of the Notes. Potential purchasers of the Notes can obtain copies of the prospectus, as supplemented, related to the Notes by contacting Citigroup Global Markets Inc., Brooklyn Army Terminal, 140 58th Street, 8th Flr., Brooklyn, New York, NY 11220, Attn: Prospectus Department, 1-877-858-5407. This press release is not an offer to sell or the solicitation of an offer to buy nor shall there be any sale of such Notes in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The offering of these securities is being made only by means of a base prospectus (as supplemented and amended from time to time), which is part of a registration statement that Newell Rubbermaid filed with the SEC utilizing a "shelf" registration process. Caution Concerning Forward-Looking Statements The statements in this press release that are not historical in nature constitute forward looking statements. These forward-looking statements relate to information or assumptions about the effects of Project Acceleration, sales, income/(loss), earnings per share, operating income or gross margin improvements, capital and other expenditures, cash flow, dividends, restructuring costs, costs and cost savings, debt ratings, and management's plans, projections and objectives for future operations and performance. These statements are accompanied by words such as "expect," "project," "will," "believes," "estimate" and similar expressions. Actual results could differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause actual results to differ materially from those suggested by the forward-looking statements include, but are not limited to, our dependence on the strength of retail economies; competition with other manufacturers and distributors of consumer products; major retailers' strong bargaining power; changes in the prices of raw materials; our ability to develop innovative new products and to develop, maintain and strengthen our end-user brands; our ability to expeditiously close facilities and move operations while managing foreign regulations and other impediments; our ability to implement successfully information technology solutions throughout our organization; our ability to improve productivity and streamline operations; the risks inherent in our foreign operations and those factors listed in the company's most recent annual report on Form 10-K, including Item 1A of such report, filed with the Securities and Exchange Commission. Changes in such assumptions or factors could produce significantly different results. The information contained in this news release is as of the date indicated. The company assumes no obligation to update any forward-looking statements contained in this news release as a result of new information or future events or developments. About Newell Rubbermaid Newell Rubbermaid Inc., an S&P 500 company, is a global marketer of consumer and commercial products with sales of over $6 billion and a strong portfolio of brands, including Rubbermaid(R), Sharpie(R), Graco(R), Calphalon(R), Irwin(R), Lenox(R), Levolor(R), Paper Mate(R), Dymo(R), Waterman(R), Parker(R), Goody(R), Bernzomatic(R) and Amerock(R). The company is headquartered in Atlanta, Ga., and has approximately 22,500 employees worldwide. This press release and additional information about the company are available on the company's Web site, http://www.newellrubbermaid.com/ . NWL-CO DATASOURCE: Newell Rubbermaid Inc. CONTACT: Nancy O'Donnell, Vice President, Investor Relations, +1-770-407-3994; David Doolittle, Vice President, Corporate Communications, +1-770-407-3613, both of Newell Rubbermaid Inc. Web site: http://www.newellco.com/ Company News On-Call: http://www.prnewswire.com/comp/138728.html

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