Exhibit 99.1

      Rogers Corporation Acquires 3M Share of Durel Corporation

    ROGERS, Conn.--(BUSINESS WIRE)--Sept. 30, 2003--Rogers Corporation
(NYSE:ROG) announced today that it has acquired from 3M Company
(NYSE:MMM) its 50% interest in Durel Corporation, a joint venture of
Rogers and 3M, for $26 million in cash.
    Effective today, the operations and revenues of Durel will become
fully integrated and consolidated into Rogers Corporation. The new
business unit will be called the Durel Division and its financial and
operating results will be included as part of the Rogers' Polymer
Materials and Components business segment. Rogers expects the
acquisition to be accretive to earnings.
    Durel Corporation was formed as a 50/50 joint venture between
Rogers and 3M in 1988. The company progressed from a small startup
operation to what is now the largest manufacturer of
electroluminescent lighting in the world. Electroluminescent lamps
provide a high quality, cool, efficient and durable source for
backlighting a wide range of handheld devices, sporting good products
and interior automotive controls. With its patented inverter and lamp
technology, Durel is able to offer a broad range of electroluminescent
custom designs to meet the challenges of today's marketplace.
Year-to-date revenues for the company through August were $44 million.
    Rogers anticipates a smooth and orderly transition as it fully
integrates Durel into the Rogers family. Mr. Michael D. Bessette, a
27-year employee of Rogers will become Vice President of the new Durel
business unit. Mr. Bessette is currently Director of Product
Development for Rogers.
    Steve Landwehr, Executive Vice President, 3M Transportation
Business, commented, "Durel has evolved to the point where we agreed
that the business is best served by integrating it within the
organization of one of the partners. Strategically, the best fit is
with Rogers."
    Robert D. Wachob, Rogers President and C.O.O., commented, "For the
past 15 years, Rogers and 3M have worked together to bring this
business from a concept to a thriving company. We strongly believe
that Durel has a very promising and exciting future. We feel Rogers
can add significant value to this business by applying our research
and development skills to bring about future products." Mr. Wachob
stated further, "This business should significantly increase Rogers'
product offerings to the automotive and cellular phone markets."

    Rogers Corporation, headquartered in Rogers, CT, U.S.A., develops
and manufactures high performance specialty materials focusing on the
wireless communications and computer markets. Rogers operates
manufacturing facilities in Connecticut, Arizona, and Illinois in the
U.S., in Ghent, Belgium and in Suzhou, China. Sales offices are
located in Japan, Hong Kong, China, Taiwan, Korea and Singapore.
Rogers has joint ventures in Japan with Inoac Corporation, in Taiwan
with Chang Chun Plastics, and in the U.S. with Mitsui Chemicals.

    Safe Harbor Statement

    Statements in this news release that are not strictly historical
may be deemed "forward-looking" statements which should be considered
as subject to the many uncertainties that exist in the Company's
operations and environment. These uncertainties, which include
economic conditions, market demand and pricing, competitive and cost
factors, and the like, are incorporated by reference in the Rogers
Corporation 2002 Form 10-K filed with the Securities and Exchange
Commission. Such factors could cause actual results to differ
materially from those in the forward-looking statements.

    Website: http://www.rogerscorporation.com


    CONTACT: Rogers Corporation
             Debra J. Granger, 860-779-5596
             debra.granger@rogerscorporation.com