Woodward Schedules Fourth Quarter and Fiscal Year 2005 Earnings Release and Conference Call

ROCKFORD, Ill.--Nov. 1, 20054, 2005--Woodward Governor Company announced today it expects to report its fourth quarter and fiscal year 2005 earnings at approximately 5:30 p.m. CT on Monday, November 21, 2005. A news release will be issued at that time and an investor conference call will be held the next morning (Tuesday, November 22, 2005) at 7:30 a.m. CT.

In the conference call, the company will provide an overview of its fourth quarter and fiscal year 2005 financial performance, business highlights, and outlook. You are invited to listen to the call live via the company's website, www.woodward.com, on November 22. The call will remain accessible at the website for 30 days.

You may also listen to the call by dialing 1-888-423-4863 (domestic) or 1-703-871-3834 (international). Participants should call prior to the start time to allow for registration; the Conference ID is 778577. An audio replay will be available by telephone from 10:30 a.m. CT on November 22 until 11:59 p.m. CT on November 25, 2005. The telephone number to access the replay is 1-888-266-2081 (domestic) or 1-703-925-2533 (international), reference access code 778577.

About Woodward

Woodward is the world's largest independent designer, manufacturer, and service provider of energy control solutions for aircraft engines, industrial engines and turbines, and power generation and mobile industrial equipment. The company's innovative control, fuel delivery, and combustion systems help customers worldwide operate cleaner, more reliable, and cost effective equipment. Woodward is headquartered in Rockford, Illinois, and serves global power generation, transportation, process industries, and aerospace markets from locations worldwide. Visit our website at www.woodward.com.