Twin Disc, Inc., Declares Regular Quarterly Cash Dividend

RACINE, Wis.--July 30, 2004--Twin Disc, Inc. , announced today that the Board of Directors declared a regular quarterly cash dividend of $0.175 per share payable on September 1, 2004, to shareholders of record on August 13, 2004.

Twin Disc designs, manufactures and sells heavy duty off-highway power transmission equipment. Products offered include: marine transmissions and surface drives; power-shift transmissions; power take-offs and reduction gears; industrial clutches; and control systems. The Company sells its products to customers primarily in the marine, industrial equipment, government, energy and natural resources and agricultural markets.