Tennant Authorizes Shares Repurchase and Declares Regular Quarterly Cash Dividend

Tennant Company Authorizes Shares Repurchase and Declares Regular Quarterly Cash Dividend

MINNEAPOLIS, Minn., May 3, 2007—Directors of Tennant Company (NYSE:  TNC) today authorized the purchase of up to 1,000,000 shares of the company’s common stock and declared a regular quarterly cash dividend of 12 cents per share payable June 15, 2007, to shareholders of record May 31, 2007.

Share repurchases will be made from time to time in the open market or through privately negotiated transactions, primarily to offset the dilutive effects of shares issued through the company’s stock-based compensation programs. 

There are approximately 18,839,000 shares of stock currently outstanding.

Company Profile

Minneapolis-based Tennant Company (NYSE:  TNC) is a world leader in designing, manufacturing and marketing solutions that help create a cleaner, safer world.  Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; and coatings for protecting, repairing and upgrading concrete floors.  Tennant Company’s global field service network is the most extensive in the industry.  Tennant Company has manufacturing operations in Minneapolis, Minn.; Holland, Mich.; Uden, The Netherlands; Northampton, United Kingdom; and Shanghai, China; and sells products directly in 15 countries and through distributors in more than 80 countries.  For more information, visit www.tennantco.com.