PennEngineering to Host 3rd Quarter 2003 Earnings Conference Call

DANBORO, Pa.--Oct. 6, 2003--PennEngineering

                     Conference Call Announcement
                      Thursday, October 30, 2003
                         10:30 AM Eastern Time
                     Dial-in Number: (617)786-2960
                      Dial-in Passcode: 38787110

PennEngineering Chairman and Chief Executive Officer Kenneth A. Swanstrom, President and Chief Operating Officer Martin Bidart, and Senior Vice President and Chief Financial Officer Mark W. Simon will be discussing third quarter 2003 results during a conference call at 10:30 AM Eastern Time on Thursday, October 30, 2003. There will also be a question and answer period. To access the call, please inform the operator that you are joining the

PennEngineering conference call chaired by Mr. Swanstrom. Please provide the operator with your name and affiliation. The news release reporting the results for the third quarter will be faxed to you at the close of business on Tuesday, October 28, 2003.

An audio replay of the call will be available from approximately 12:00 PM Eastern Time on Thursday, October 30, 2003 until 12:00 PM Eastern Time on November 3, 2003. To listen to the replay, please dial (617) 801- 6888 or toll free (888) 286-8010, passcode 87916230.

A simultaneous webcast of the conference call will also be available on the Company's website at www.penn- eng.com or www.companyboardroom.com.

PennEngineering provides value-added solutions to leading worldwide computer, electronics, telecommunications, and automotive OEMs.

Founded in 1942, PennEngineering is a global company headquartered in Danboro, Pennsylvania with manufacturing locations in North Carolina, Ohio, Pennsylvania, Galway, Ireland, and Offanengo, Italy and distribution offices in the United States, England, Singapore, Mexico, China, and independent distribution facilities in more than 40 countries. More information about PennEngineering is available at www.penn-eng.com.