Cummins Inc. Ranked As One of 50 Best Companies For Minorities

    COLUMBUS, Ind--July 3, 2003--Cummins Inc. announced today that it has been included in Fortune magazine's annual ranking of the Top 50 Companies for Minorities. The ranking placed Cummins at number 43. This is the second time in three years that Cummins has been recognized as one of the top companies for minorities.
    "We are very pleased to be included in this ranking by Fortune magazine," said Tim Solso, Cummins Chairman and CEO. "We have worked hard to foster an environment that is inclusive of all groups and embraces diversity at all levels of the organization."
    Cummins is committed to a diverse work force to remain competitive in a global and diverse market. Cummins tracks and measures initiatives dealing with under-represented groups for recruiting, retention and hiring, procurement and training. For example, all 23,700 Cummins employees have been required to take a Diversity awareness training course which was designed exclusively for the Company.
    In addition, the magazine recognized the effort of Cummins 48 Local Diversity Councils around the World. These Local Diversity Councils or LDCs are involved in awareness initiatives within the Company and their communities. They also address issues of recruitment, retention and cultural differences and similarities in the workplace.
    Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves its customers through more than 500 company-owned and independent distributor locations in 131 countries and territories. With 23,700 employees worldwide, Cummins reported sales of $5.9 billion in 2002. Press releases can be found by accessing the Cummins home page at www.cummins.com.