STOCKHOLDER INFORMATION

FORWARD LOOKING STATEMENTS
This report contains “forward-looking
statements” within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934 that are
intended to come within the safe harbor
protection provided by those statutes. By their
nature, all forward-looking statements involve
risks and uncertainties, and actual results
may differ materially from those contemplated
by the forward-looking statements. Several
factors that could materially affect Black &
Decker’s actual results are identified in Item 1A
of Black & Decker’s Annual Report on Form
10-K for the year ended December 31, 2007, as
well as in Black & Decker’s other periodic filings
with the Securities and Exchange Commission.

FORM 10-K
This 2007 Annual Report, when delivered to
stockholders in connection with the 2008
Annual Meeting of Stockholders, contains in its
back pocket and incorporates by reference
Black & Decker’s Annual Report on Form 10-K
for the year ended December 31, 2007, filed
with the Securities and Exchange Commission.

ANNUAL MEETING
The Annual Meeting of Stockholders will be held
on April 17, 2008, at the Sheraton Baltimore
North Hotel, 903 Dulaney Valley Road, Towson,
MD 21204, at 9:00 A.M., Eastern Time.
CORPORATE HEADQUARTERS
 The Black & Decker Corporation
701 East Joppa Road, Towson, MD 21286 (U.S.A.)
Telephone: (410) 716-3900
Web site: www.bdk.com

INVESTOR RELATIONS AND
PUBLICATIONS
 Telephone: (410) 716-3979
Web site: www.bdk.com
E-mail: investor.relations@bdk.com

Order Publications
Telephone: (800) 992-3042 or (410) 716-2914

CORPORATE GOVERNANCE
 Black & Decker’s Corporate Governance Policies
and Procedures Statement is available free
of charge online at www.bdk.com or in print by
calling (800) 992-3042 or (410) 716-2914.
The Statement contains charters of the standing
committees of the Board of Directors, the Code
of Ethics and Standards of Conduct, and
the Code of Ethics for Senior Financial Officers.

TRADEMARKS
 Use of ® or ™ in this annual report indicates
trademarks owned by The Black & Decker
Corporation and its subsidiaries.

EQUAL OPPORTUNITY
 Black & Decker is an Equal
Opportunity/Affirmative Action employer.
INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM
 Ernst & Young LLP
621 East Pratt Street, Baltimore, MD 21202
Telephone: (410) 539-7940

TRANSFER AGENT AND REGISTRAR
 BNY Mellon Shareowner Services
480 Washington Boulevard
Jersey City, NJ 07310-1900
Telephone: (866) 221-1682
Outside U.S.A. (call “collect”): +1 (201) 680-6578
Web site: www.bnymellon.com/shareowner/isd
E-mail: Go to the web site and use “Contact Us”

BNY Mellon Shareowner Services maintains the
records for our registered shareholders and can
help with a variety of services, including:
• Change of name or address
• Consolidation of accounts
• Duplicate mailings
• Dividend Reinvestment
• Lost stock certificates
• Transfer of stock to another person

To access your investor statements online
24 hours a day, 7days a week, or to receive proxy
materials electronically, enroll at MLinkSM.
For more information go to
www.bnymellon.com/shareowner/isd.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
This Annual Report provides certain information that is derived from our consolidated financial statements prepared in accordance with generally accepted
accounting principles in the United States (GAAP). This information contains non-GAAP financial measures as defined by SEC rules. A reconciliation to the most
directly comparable GAAP financial measure follows.
    Net earnings for 2007, excluding specified items, were $398.1 million, or $6.03 per share on a diluted basis. In computing these amounts, the Corporation
has excluded the following amounts from net earnings – a favorable $153.4 million impact of a tax settlement, a $20.6 million, net of tax, charge for an
environmental remediation matter ($31.7 million pre-tax), and a $12.8 million, net of tax, restructuring charge ($19.0 million pre-tax).
    The statements that earnings per share were only 4% below the range projected at the beginning of the year, and that earnings per share decreased 8%,
excluding certain items, are based on net earnings for 2007, excluding specified items, of $6.03 per share on a diluted basis, as calculated above.
    Net earnings from continuing operations for 2005, excluding specified items, were $547.6 million, or $6.73 per share on a diluted basis. In computing these
amounts, the Corporation has excluded the following amounts from net earnings from continuing operations – a favorable $35.8 million, net of tax, insurance
settlement ($55.0 million pre-tax) and $51.2 million of incremental tax expense to repatriate foreign earnings under the American Jobs Creation Act of 2004.

The calculation of free cash flow for 2001-2007, which includes amounts associated with discontinued operations for the years 2001-2005, follows (dollars in millions):
Year ended December 31, 2001  2002  2003  2004  2005  2006  2007 
Cash flow from operating activities$379.0 $451.3 $570.4 $604.6 $614.1 $622.7 $725.9 
Capital expenditures(134.8)(96.6)(105.8)(119.4)(111.5)(104.6)(116.4)
Proceeds from disposals of assets12.3 4.6 15.0 26.4 12.7 14.7 13.0 
Free cash flow$256.5 $359.3 $479.6 $511.6 $515.3 $532.8 $622.5 


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