Woodward Schedules Third Fiscal Quarter Earnings Release and Conference Call

    ROCKFORD, Ill.--July 14, 2003--Woodward Governor Company announced today it expects to report its third fiscal quarter earnings at approximately 5:30 p.m. CT on Monday, July 21, 2003. A news release will be issued at that time and an investor conference call will be held the next morning (Tuesday, July 22, 2003) at 7:30 a.m. CT.
    In the conference call, the company will provide an overview of its third fiscal quarter financial performance, business highlights, and outlook. You are invited to listen to the call live via the company's Web site, www.woodward.com, on July 22. The call will remain accessible at the Web site for thirty days.
    You may also listen to the call by dialing 1-800-915-4836 (domestic) or 1-973-317-5319 (international). Participants should call prior to the start time to allow for registration; the conference call reference is "Woodward." An audio replay will be available by telephone from 9:30 a.m. CT on July 22 until 10:59 p.m. CT on July 24, 2003. The telephone number to access the replay is 1-800-428-6051 (domestic) or 1-973-709-2089 (international), reference pass code 299739.

    About Woodward
    Woodward is the world's largest independent designer and manufacturer of energy control solutions for aircraft and industrial engines, turbines and power equipment. The company's innovative controls and fuel delivery systems help manufacturers worldwide operate cleaner and more efficient power equipment. Woodward's products and services are used in the aerospace, power generation, oil and gas processing, and transportation markets, which include rail, marine and many light and heavy industrial applications. Woodward is headquartered in Rockford, Illinois, and serves global markets from locations worldwide. Visit our Web site at www.woodward.com.