EXHIBIT 99
                             NEWELL SAFE HARBOR STATEMENT
                             ----------------------------


        Information provided by the Company, including certain of the
   matters described in this Quarterly Report on Form 10-Q (the "Third
   Quarter 10-Q")and the documents incorporated by reference therein, may
   constitute forward-looking statements, as defined by the Private
   Securities Litigation Reform Act of 1995.  Such forward-looking
   statements may relate to, but are not limited to, information or
   assumptions about the Company's sales, income, earnings per share,
   return on equity, capital expenditures, dividends, capital structure,
   free cash flow, debt to capitalization ratios, interest rates,
   internal growth rates, the Year 2000 plan and related risks, pending
   legal proceedings and claims (including environmental matters), future
   economic performance, management's plans, goals and objectives for
   future operations and growth, and the assumptions relating to any of
   the forward-looking information. Such forward-looking statements
   generally are accompanied by words such as "intend," "anticipate,"
   "believe," "estimate," "project," "expect," "should" or similar
   expressions.  The Company cautions that forward-looking statements are
   not guarantees since there are inherent difficulties in predicting
   future results.  Actual results could differ materially from those
   expressed or implied in the forward-looking statements.  Factors that
   could cause actual results to differ include, but are not necessarily
   limited to, those discussed below and in the matters set forth
   generally in the Third Quarter 10-Q and the documents incorporated by
   reference therein. In addition, there can be no assurance that (i) the
   Company has correctly identified and assessed all of the factors
   affecting the Company's businesses; (ii) the publicly available and
   other information with respect to these factors on which the Company
   has based its analysis is complete or correct; (iii) the Company's
   analysis is correct; or (iv) the Company's strategies which are based
   in part on this analysis, will be successful.

        Retail Economy
         --------------

        The Company's businesses depend on the strength of the retail
   economies in various parts of the world, primarily in the U.S. and to
   a lesser extent in Asia (including Australia and New Zealand), Canada,
   Europe (including the Middle East and Africa) and Latin America
   (including Mexico and Central America).  These retail economies are
   affected by such factors as consumer demand, the conditions of the
   consumer products retail industry, weather conditions and the cost of
   raw materials (which may not be recovered through selling prices).  In
   recent years, the consumer products retail industry has been
   characterized by intense competition and consolidation among both
   product suppliers and retailers.




        Nature of the Marketplace
         -------------------------

        The Company competes with numerous other manufacturers and
   distributors of consumer products, many of which are large and well-
   established.  In addition, the Company's principal customers are
   volume purchasers, many of which are much larger than the Company and
   have strong bargaining power with suppliers.  The rapid growth of
   large mass merchandisers, such as discount stores, warehouse clubs,
   home centers and office superstores, together with changes in consumer
   shopping patterns, have contributed to a significant consolidation of
   the consumer products retail industry and the formulation of dominant
   multi-category retailers.  Other trends among retailers are to require
   manufacturers to maintain or reduce product prices or deliver products
   with shorter lead times, or for the retailer to import generic
   products directly from foreign sources.  The combination of these
   market influences has created an intensely competitive environment in
   which the Company's principal customers continuously evaluate which
   product suppliers to use, resulting in pricing pressures and the need
   for ongoing improvements in customer service.

        Growth by Acquisition
         ---------------------

        The acquisition of companies that sell branded, staple consumer
   product lines to volume purchasers is one of the foundations of the
   Company's growth strategy.  The Company's ability to continue to make
   sufficient strategic acquisitions at reasonable prices and to
   integrate the acquired businesses with a reasonable period of time are
   important factors in the Company's future earnings growth.

        Foreign Operations
         ------------------

        Foreign operations, which include manufacturing in Canada,
   Mexico, Brazil, Columbia, Venezuela and many countries in Europe, and
   importing products from the Far East, increasingly are becoming
   important to the Company's businesses.  Foreign operations can be
   affected by factors such as currency devaluation and other currency
   fluctuations, tariffs, nationalization, exchange controls, limitations
   on foreign investment in local businesses and other political,
   economic, regulatory risks.