Exhibit 99.1

              Rogers Corporation Updates Guidance for the
        Fourth Quarter ''Projects Record Sales and Earnings''

    ROGERS, Conn.--(BUSINESS WIRE)--Jan. 5, 2004--Rogers Corporation
(NYSE:ROG) today provided an update regarding its fourth quarter
guidance. Both sales and earnings for the quarter are expected to set
all time records and be better than previously estimated in the
October 15th earnings release.
    The Company now expects net sales for the fourth quarter to be
approximately $85 million, compared to the Company's previous guidance
of $71 to $75 million. Net earnings for the quarter are now expected
to be $0.50 to $0.54 per diluted share. This is $0.05 per diluted
share above the previous guidance and represents a 47% to 59%
improvement over the same quarter last year.
    Robert D. Wachob, President and COO stated, "Exclusive of the
sales increase resulting from the recent Durel acquisition, all of our
other business segments had significantly better revenues this quarter
than we estimated. Most notably, our printed circuit materials segment
estimates a 75% year-over-year increase in sales. The primary factors
that drove Rogers sales in the fourth quarter were strength in cell
phones, 3G base stations, and satellite TV receivers. These products
use significant amounts of Rogers' high performance materials."

    Safe Harbor Statement

    Statements in this news release that are not strictly historical
may be deemed to be "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, rapid technological change, new product
introductions, legal proceedings, 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.

    For more information, please contact the Company directly, visit
Rogers website on the Internet, or send a message by email.

    Website Address: http://www.rogerscorporation.com
    Financial E-mail: finfo@rogers-corp.com

    CONTACT: Financial News Contact:
             James M. Rutledge, 860-779-9605
             or
             Editorial and Investor Contact:
             Edward J. Joyce, 860-774-5705
             edward.joyce@rogerscorporation.com