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Cintas Shares $20.1 Million With Employee-Partners In 2003


Partners' Benefit Plan Reflects Company's Strong Culture

CINCINNATI, July 31, 2003 - The Board of Directors of Cintas Corporation (Nasdaq CTAS) today approved a contribution of $20.1 million to the company's retirement plan. The contribution will be awarded in the form of profit sharing, 401 (k) matched contributions, and stock to employees as the company celebrates its 34th consecutive year of growth in sales and profits. This raises the company's total contribution to the retirement plan over the past decade to $110 million.

"We have a unique culture that brings out the best in people," said Scott Farmer, Cintas CEO. "Our partners deserve all the credit for the company's growth record, and that is why we named our retirement plan, 'The Partners' Plan.' The plan demonstrates the company's appreciation and commitment to our partners' futures," said Farmer.

Employees at every level are eligible to participate in the Cintas Partners' Plan, which includes profit sharing, matching 401 (k) contributions, and an employee stock ownership program. In addition to the retirement plan, Cintas also offers its employees medical, dental, vision, life, and disability insurance.

For additional information,contact:
William C. Gale
Vice President-Finance and CFO
(513) 573-4211

Karen L. Carnahan
Vice President and Treasurer



About Cintas
Cintas Corporation provides highly specialized services to businesses of all types throughout North America. The company designs, manufactures, and implements corporate identity uniform programs, provides entrance mats, restroom supplies, promotional products, and first aid and safety products to over 500,000 businesses. Cintas is a publicly held company traded over the Nasdaq National Market under the symbol CTAS, and is a Nasdaq100 company and component of the Standard & Poor's 500 Index. The company, which has achieved 34 consecutive years of growth in sales and earnings, to date, was named one of the top outsourcing services providers in Fortune Magazine's 2003 "America's Most Admired Companies" survey.

 



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