Lufkin Industries announces 1Q dividend

LUFKIN, Texas - Lufkin Industries, Inc. (Nasdaq: LUFK) announced today that the Board of Directors has declared a first quarter cash dividend of $0.25 per share on its common stock.  The dividend will be paid on March 10, 2010, to shareholders of record on March 1, 2010.

Lufkin Industries, Inc. sells and services oil field pumping units, foundry castings and power transmission products throughout the world.  The Company has vertically integrated all vital technologies required to design, manufacture and market its products.