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Parker Adds Wabtec's Kassling to its Board of Directors

July 11, 2001

CLEVELAND, July 11 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH) today named William E. Kassling a member of its Board of Directors in the class whose term continues through October 2002.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO )

Kassling is Chairman of the Board of Wabtec Corporation (NYSE: WAB), which formerly was the Westinghouse Air Brake Company. Wabtec is one of North America's largest providers of value-added technology based products and services for the rail industry. The company employs approximately 5,700 people around the world.

Parker Chairman Duane Collins said, "We think Bill will be a great addition to our board, lending expertise in lean manufacturing and innovation that made his company a technology leader in its major markets."

Kassling is a graduate of Purdue University and earned his MBA from the University of Chicago. He is a board member of Aearo Corporation, Scientific Atlanta and the Pittsburgh Penguins. He is also a Trustee of Shadyside Academy, La Roche College and the Historical Society of Western Pennsylvania.

With annual sales of $6 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 commercial, mobile, industrial and aerospace markets. The company employs more than 45,000 people in 46 countries around the world. For more information, visit the company's web site at www.parker.com , or its investor information site at www.phstock.com .

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SOURCE Parker Hannifin Corporation


CONTACT: Media, Lorrie Paul Crum, VP - Corp. Communications, 216-896-2750, or After hours, 330-666-4196, or lcrum@parker.com , or Financial Analysts, Timothy K. Pistell, Treasurer 216-896-2130, or tpistell@parker.com , both of Parker Hannifin/

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