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Parker to Post October 29 Investor Presentations on Web Site

October 28, 2003

CLEVELAND, Oct. 28 /PRNewswire-FirstCall/ -- Parker Hannifin Corporation (NYSE: PH) will post presentations being provided during an event for investment analysts on Wednesday, October 29, in Cleveland. The presentations include an overview of the company's key strategies, including its growth platform and lean transformation initiatives. Presentations may be found on the company's investor information site at www.phstock.com at noontime on the 29th.

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

With annual sales exceeding $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 46,000 people in 44 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 .

SOURCE Parker Hannifin Corporation

CONTACT: Media, Lorrie Paul Crum, VP - Corp. Communications, +1-216-896-2750, or after hours, +1-330-666-4196, or lcrum@parker.com, or Financial Analysts, Pamela Huggins, VP & Treasurer, +1-216-896-2240, or phuggins@parker.com, both of Parker Hannifin Corporation

Web site: http://www.phstock.com

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