Rexnord Corporation Conference Call to Report Fiscal Year 2004 First Quarter Results

MILWAUKEE--Aug. 7, 2003--Rexnord Corporation, a leading manufacturer of highly-engineered mechanical power transmission components, will hold a conference call with investors on Thursday, August 14, 2003 at 10:00 a.m. EDT to discuss its fiscal year 2004 first quarter 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 first quarter ending June 30, 2003 will be released on Monday, August 11, 2003 by press release.

The conference call can be accessed via telephone as follows:

Domestic toll-free # 1-800-915-4836
International toll # 1-973-317-5319

If you are unable to participate during the live teleconference, a replay of the conference call will be available until August 21, 2003. To access the replay, please dial 1-800-428-6051 (domestic) or 1-973-709-2089 (international), and use access code 303290.

Headquartered in Milwaukee, Wisconsin, Rexnord is a leading worldwide manufacturer of mechanical power transmission components. The company has over 4,500 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.