Contact:                 T.R. Reid
                                                                    616/923-3417
                                                   T.R._Reid@email.whirlpool.com



                DIFFICULT EUROPEAN ECONOMIC, INDUSTRY CONDITIONS
                WILL PUSH DOWN WHIRLPOOL'S 3Q, 1996 PERFORMANCE

  BENTON HARBOR, Mich. -- Sept. 27, 1996 -- Whirlpool Corporation (NYSE: WHR)
said today that it anticipates third-quarter operating results, excluding
restructuring, will be about 35 to 40 percent below those for the same 1995
period, and that the company has subsequently lowered its expectations for full-
year results.

  The company said the less favorable outlook is caused primarily by conditions
in Europe, its second-largest regional market, where a continued difficult
economic and industry environment is contributing to a lack of margin
improvement.  While third-quarter results will be significantly better than
those for second-quarter 1996, the situation will lead to a small quarterly
operating loss at Whirlpool Europe.  Near-term prospects for improved regional
economic and industry performance are uncertain.

  Whirlpool Chairman and CEO David R. Whitwam said that year-to-date results
from the company's North American and Latin American operations remain at record
levels.  He added that both regions are expected to perform strongly through the
remainder of the year.

  The chairman said that Whirlpool will take a restructuring charge of about $30
million that will reduce net earnings in the third quarter. The charge will be
for previously announced streamlining of the company's Asian headquarters and a
North American refrigeration operation. Together, the two moves are expected to
save $37 million annually once fully implemented by mid-1997.

  The company plans to announce full third-quarter results on Oct. 21.

  Whirlpool Corporation is the world's leading manufacturer and marketer of
major home appliances.  Headquartered in Benton Harbor, the company manufactures
in 12 countries and markets products under 11 major brand names in about 140
countries.

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