CLEVELAND, Dec. 1 /PRNewswire-FirstCall/ -- Parker Hannifin Corporation (NYSE: PH) will webcast its Annual Investor Conference on Wednesday, December 6 from 12:30 P.M. to 2:30 P.M. New York City time.

Speakers will include Don Washkewicz, Chairman, President and CEO; Tim Pistell, Executive Vice President - Finance and Administration and CFO; and Jack Myslenski, Parker Executive Vice President - Sales, Marketing and Operations Support. Speaker presentations and the question and answer session will be webcast and may be accessed via Parker's investor information site at http://www.phstock.com. All materials will be archived on the site.

With annual sales exceeding $9 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 57,000 people in 43 countries around the world. Parker has increased its annual dividends paid to shareholders for 50 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 12/01/2006 /CONTACT: Media, Christopher M. Farage, Vice President, Corp. Communications, +1-216-896-2750, or cfarage@parker.com , or Financial Analysts, Pamela Huggins, Vice President - Treasurer, +1-216-896-2240, or phuggins@parker.com , both of Parker Hannifin Corporation