Rexnord Corporation Conference Call to Report Fiscal Year 2003 Fourth Quarter and Full Year Results

    MILWAUKEE--June 23, 2003--Rexnord Corporation, a leading manufacturer of highly-engineered mechanical power transmission components, will hold a conference call with investors on Thursday, June 26, 2003 at 10:00 a.m. EST to discuss its fiscal year 2003 fourth quarter and full year results, provide a general business update and respond to investor questions. Rexnord CEO Robert Hitt and CFO Thomas Jansen will co-host the call.
    The Rexnord Corporation Audited Condensed Financial Report for the fourth quarter and fiscal year ending March 31, 2003 will be released on Wednesday, June 25, 2003 by press release.

    The conference call can be accessed via telephone as follows:

    Domestic toll-free # 800/915-4836

    International toll # 973/317-5319

    If you are unable to participate during the live teleconference, a replay of the conference call will be available until July 3, 2003. To access the replay, please dial 800/428-6051 (domestic) or 973/709-2089 (international), and use access code 298455.

    Headquartered in Milwaukee, Wisconsin, Rexnord is a leading worldwide manufacturer of mechanical power transmission components. The company has over 5,000 employees located at more than 30 manufacturing facilities worldwide. Rexnord products are sold around the world by over 200 direct sales representatives through a network of multiple service centers and warehouses backed by hundreds of independent stocking distributors. For more information, visit www.rexnord.com.