HEICO Corp (HEI) Reports Downward Adjustment of Share Price Ex-Dividend

HEICO Corporation (NYSE: HEI) advised that the shares of both its Class A Common Stock and its Common Stock will commence trading on an "ex-dividend" basis at the opening of New York Stock Exchange ("NYSE") trading this morning, December 13, 2012.

Accordingly, pursuant to NYSE rules, the prices of both classes of HEICO shares will be adjusted downward by $2.20 per share, the same amount as the upcoming payment of the Company's regular and special cash dividends. The dividends shall be paid to shareholders of record on Monday, December 17, 2012 and, in order to be a shareholder of record as of that date, and to receive the dividend payment, HEICO shares must have been purchased prior to the opening of trading today to allow for settlement under the "Trade + 3" trading rules.

The $2.20 per share price reduction reflects only the actions by the New York Stock Exchange under their rules and does not reflect a share revaluation by investors. The dividend will be paid by December 31, 2012.

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