Release Details

NEW YORK--(BUSINESS WIRE)--Oct. 27, 2004--Minerals Technologies Inc. (NYSE:MTX) today declared a regular quarterly dividend of $0.05 per share on the company's common stock. The dividend is payable on December 16, 2004 to stockholders of record on November 10, 2004.

Minerals Technologies Inc. is a global resource- and technology-based growth company that develops, produces and markets the highest quality performance-enhancing minerals and related products, systems and services. MTI serves the paper, steel, polymer and other manufacturing industries. The company reported sales of $813.7 million in 2003.

For further information about Minerals Technologies Inc. look on the internet at http://www.mineralstech.com/

This press release contains some forward-looking statements, which describe or are based on the company's current expectations. Actual results may differ materially from these expectations. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this document should be evaluated together with the many uncertainties that affect our businesses, particularly those mentioned in the cautionary statements in our 2003 Form 10-K and in our other reports filed with the Securities and Exchange Commission.

    CONTACT: Minerals Technologies Inc.
             Rick Honey, 212-878-1831

    SOURCE: Minerals Technologies Inc.