Black & Decker is a global manufacturer and marketer of quality power tools and accessories, hardware and home improvement products, and technology-based fastening systems. Our products and services are marketed in more than 100 countries, and we have manufacturing operations in eleven countries. Throughout our businesses, we have established a reputation for product innovation, quality, end-user focus, design, and value. Our strong brand names and new product development capabilities enjoy worldwide recognition, and our global distribution is unsurpassed in our industries.		MAJOR PRODUCTS AND SERVICES Black & Decker® Consumer Products www.blackanddecker.com DEWALT® High-performance Industrial Equipment www.dewalt.com Porter-Cable® Professional Power Tools www.porter-cable.com Delta® Machinery  www.deltamachinery.com Kwikset® Security Hardware   www.kwikset.com Baldwin® Hardware Products   www.baldwinhardware.com Weiser® Security Hardware   www.weiserlock.com Price Pfister® Plumbing Products   www.pricepfister.com Emhart® Fastening Systems  www.emhart.com
	•   Increased sales, despite a difficult U.S. environment, on the strength      of outstanding international results and favorable currency translation     Continued to improve the company’s geographical balance, increasing     the proportion of sales outside the U.S. to 40% •   Generated a record $623 million of free cash flow and deployed      cash effectively     Repurchased 8% of outstanding shares     Increased dividend by 11% •   Reported an 8% decrease in EPS, excluding certain items, due to the      U.S. residential construction downturn and raw material inflation     Grew EPS at more than a 15% compound annual rate over a five-year period

FINANCIAL HIGHLIGHTS The Black & Decker Corporation and Subsidiaries (Amounts in Millions Except Per Share Data) Year Ended December 31 2007 2006 2005 Sales $ 6,563.2 $ 6,447.3 $ 6,523.7 Net Earnings from Continuing Operations $ 518.1 $ 486.1 $ 532.2 Net Earnings from Continuing Operations Per Common Share –    Assuming Dilution $ 7.85 $ 6.55 $ 6.54 Net Earnings from Continuing Operations Per Common Share,    Excluding Specified Items – Assuming Dilution (a) $ 6.03 $ 6.55 $ 6.73 Dividends Per Share $ 1.68 $ 1.52 $ 1.12 Shares Used in Computing Diluted Earnings Per Share (in millions) 66.0 74.2 81.4 (a) The calculation of this amount for 2007 and 2005 appears on page eight       of this report, under Reconciliation of Non-GAAP Financial Measures On The Cover: The new DEWALT® line of 18-volt lithium-ion cordless products demonstrates the value of Black & Decker’s proven long-term approach. Extensive end-user research revealed that compatibility with earlier generations of tools was a key requirement. Therefore, our world-class R&D team made sure that the innovative Nano™ technology met this need. Building on our unmatched global distribution and the powerful DEWALT brand, this launch should help us maintain a leadership position in this critical category. HOME | NEXT PAGE >>>