Parker to Webcast Annual Investor Conference December 10th at 12:30 p.m. Eastern

CLEVELAND, Dec. 2 /PRNewswire-FirstCall/ -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Investor Conference on Wednesday, December 10, 2008 beginning at 12:30 p.m. Eastern time until approximately 2:45 p.m. Eastern time. Formal presentations will be followed by a question and answer period hosted by a panel of Parker senior managers, which is expected to conclude by approximately 4:00 p.m. Eastern time.

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Presenters at the conference will include Don Washkewicz, Chairman, Chief Executive Officer and President; Tim Pistell, Executive Vice President - Finance and Administration and Chief Financial Officer; Marwan Kashkoush, Executive Vice President - Sales, Marketing and Operations Support; Craig Maxwell, Vice President - Technology and Innovation; and several business group representatives who will discuss Parker's participation and opportunities in energy markets.

With annual sales exceeding $12 billion, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs 62,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 52 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at http://www.parker.com, or its investor information site at http://www.phstock.com.

SOURCE Parker Hannifin Corporation

Released December 2, 2008