Modine Selected Again Among '100 Best Corporate Citizens'

    RACINE, Wis.--March 19, 2001--Modine Manufacturing Company has been chosen by Business Ethics magazine for the second consecutive year as one of the "100 Best Corporate Citizens." The listing will be the cover article of the March/April 2001 issue of Business Ethics, a publication on corporate social responsibility that is dedicated to celebrating progressive management practices.
    The magazine's second annual listing evaluates public companies on a quantitative measure of corporate service to various stakeholder groups: stockholders, employees, customers, the community, the environment, minorities, and overseas stakeholders. Researchers at Boston College's Carroll School of Management rated corporations based on six social rankings combined with a financial performance measure compiled by Kinder, Lydenberg, Domini & Co., a social research firm in Boston. Modine ranked 89th on the listing and Procter & Gamble ranked first.

    Modine specializes in thermal management, bringing technology to diversified markets. Modine has annualized sales of more than $1 billion and has about 8,000 employees worldwide. Modine can be found on the Internet at www.modine.com.