Stanley Black & Decker (SWK) 8-K The Stanley Works Completes Sale of Home Décor Business

FOR IMMEDIATE RELEASE

THE STANLEY WORKS COMPLETES SALE OF HOME DÉCOR BUSINESS

New Britain, Connecticut, December 6, 2004 ...The Stanley Works (NYSE: SWK) announced today that it has completed the sale of its home décor business to Wellspring Capital Management, LLC.

The transaction generated an after-tax gain of approximately $30 million, or 35¢ per fully diluted share, and net proceeds of approximately $65 million, which will be utilized in part for repayment of debt and in part to fund recently-announced acquisitions.

The Stanley Works, an S&P 500 company, is a worldwide supplier of consumer products, industrial tools and security solutions for professional, industrial and consumer use.

Contact: Gerry Gould

Vice President, Investor Relations
(860) 827-3833
ggould @ stanleyworks.com

The Stanley Works corporate press releases are available under Financial News in the Investor Relations section of the company’s corporate web site atwww.stanleyworks.com.