Whirlpool Corporation
                                                                Christopher Wyse
                                                                    616/923-3417
                                          christopher_j_wyse@email.whirlpool.com



      PETERS NAMED CORPORATE VICE PRESIDENT AND TREASURER AT WHIRLPOOL, 
                       SUCCEEDING KAMERICK WHO RESIGNED



BENTON HARBOR, Mich.  Dec. 1, 1997  Whirlpool Corporation announced today that
it has named Brian F. Peters as corporate vice president and treasurer.  He
succeeds Eileen Kamerick who has resigned, effective Dec. 5, 1997, to become
vice president and general counsel for GE Capital's Auto Financial Services
business, based in Barrington, Ill.

     "Brian's leadership and broad-based financial experience make him the ideal
choice to succeed Eileen," said John Cunningham, Whirlpool executive vice
president and chief financial officer.

     Peters is currently senior vice president and chief financial officer for
Whirlpool Financial Corporation (WFC), the company's financial services
subsidiary.  In September, the company announced that it was selling WFC's
inventory and consumer financing business to Transamerica.

     Peters joined WFC as its chief financial officer in 1991, after serving in
a similar capacity for Chase Manhattan Leasing Co.  He holds a bachelor of arts
degree in economics from Providence College and a master of business
administration degree in finance from Pace University.

     Whirlpool Corporation is the world's leading manufacturer and marketer of
major home appliances.  Headquartered in Benton Harbor, the company manufactures
in 13 countries and markets products under 11 major brand names in about 140
countries.

                                     # # #