Exhibit 99(iii)


          AMERICAN STANDARD ELECTS JARED L. COHON TO BOARD OF DIRECTORS

     PISCATAWAY, NJ. - October 7, 1999- Mr. Emmanuel A. Kampouris,  Chairman and
Chief Executive Officer of American Standard Companies Inc.,  (NYSE:ASD),  today
announced  that Jared L. Cohon,  President  of  Carnegie  Mellon  University  in
Pittsburgh, has been elected to the Company's Board of Directors.

     Mr.  Cohon,  52, earned a bachelor of science  degree in civil  engineering
from the  University  of  Pennsylvania  in 1969 and MS and PhD  degrees in civil
engineering from the Massachusetts Institute of Technology in 1972 and 1973.

     Mr. Cohon began his academic and administrative career at The Johns Hopkins
University  in 1973,  advancing to  Assistant  Dean of  Engineering  in 1981 and
Associate  Dean in 1983.  He served as Vice  Provost for  Research  from 1986 to
1992. In 1992, he was named Dean and Professor of Environmental Systems Analysis
in the School of Forestry and Environmental  Studies at Yale University.  He was
named  President  of  Carnegie  Mellon  University  in 1997 and  also was  named
Professor of Civil and  Environmental  Engineering  and Professor of Engineering
and Public Policy there.

     During 1977 and 1978, Cohon also served as Legislative Assistant for Energy
and  Environment on the staff of U.S.  Senator  Moynihan of New York.  President
Clinton named him Chairman of the Nuclear Waste Technical Review Board in 1997.

     His many memberships include the Council on  Competitiveness,  the American
Society of Civil Engineers,  the American Water Resources  Association,  and the
Institute for Operations Research and Management Sciences. He is also a director
of Mellon Bank Corporation.

     American Standard is a $6.7 billion global, diversified manufacturer of air
conditioning, plumbing, automotive products and medical diagnostics systems. The
company  operates  116  manufacturing  facilities  in 33  countries  and employs
approximately 57,000 people worldwide.