CLEVELAND, Aug 1, 2001 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH) today issued a restatement of quarterly fiscal-year 2001 historical data to reflect its newly added "Other" business segment, which includes the company's climate and industrial controls and Astron businesses.

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

The restated data is available for download in an Excel spreadsheet on the company's investor information site at www.phstock.com . It allows for year- over-year comparisons of the newly classified business segments.

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 .

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, Timothy K. Pistell, Treasurer, +1-216-896-2130, or tpistell@parker.com , all of Parker Hannifin Corporation /Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/142296.html /Photo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, 888-776-6555 or 212-782-2840