EXHIBIT 99.2

SALES TRENDS

Sales comparisons are presented to help investors understand the general tone of
Cooper's business. These include the impacts of acquisitions, divestitures,
currency movements, etc. and are not necessarily indicative of business trends.

Specific questions regarding sales trends should be directed to Richard
Bajenski, Vice President, Investor Relations, bajenski@cooperindustries.com,
(713) 209-8610.

Sales for the three months ended on the date shown, compared to the same period
in the prior year:

<Table>
<Caption>
                                  11/30/01      12/31/01     01/31/02      02/28/02     03/31/02      04/30/02
                                  --------      --------     --------      --------     --------      --------
                                                                                    
Cooper Industries                  (8-10)%       (11)%        (9-11)%      (8-10)%        (11)%       (8-10)%
Electrical Products                (8-10)%        (9)%        (8-10)%       (7-9)%        (10)%        (6-8)%
Tools & Hardware                  (11-13)%       (18)%       (16-18)%      (16-18)%       (16)%       (16-18)%
</Table>

OBSERVATIONS ON RECENT SALES TRENDS, FOR THE THREE MONTHS ENDED APRIL 30, 2002.

COOPER INDUSTRIES

Sales for the three months ended April 30, 2002, declined 8-10%, compared with
last year.

     o Currency translation effects were slightly negative.

ELECTRICAL PRODUCTS

Sales for the three months ended April 30, 2002, declined 6-8%,
compared with last year.

     o Demand for hazardous duty electrical construction materials declined in
       most major markets as a result of slowing nonresidential construction and
       project demand.

     o Continued softness in domestic industrial and commercial markets led to
       lower demand for lighting fixtures and wiring devices.

     o Sales of electrical and electronic fuses, other circuit protection
       products and enclosures were considerably weakened by lower end-user
       demand, especially in telecom markets.

     o Continued uncertainty in the power delivery marketplace has hampered
       utilities' investments in distribution system products. Demand for
       distribution transformers and power management products remains weak.

     o UK and European demand for lighting fixtures and security products has
       slowed as a result of weakening European construction markets.

     o Competitive pressures continue to impact pricing in many markets.

     o Currency translation effects were slightly negative.

TOOLS AND HARDWARE

Sales for the three months ended April 30, 2002, declined 16-18%, compared with
last year.

     o Assembly equipment shipments to the auto industry are down from last
       year's levels.

     o Slowing industrial activity in North America has led to reduced demand
       for hand and power tools. European markets for hand tools have weakened.

     o Currency translation effects have been modestly negative.

Note: Includes impacts of acquisitions and divestitures.