Snap-on Incorporated, Its Associates and Franchisees Join Together for Hurricane Katrina Relief

KENOSHA, Wis.--Sept. 2, 2005--Snap-on Incorporated announced today that its associates and franchisees are joining with the American Red Cross to provide relief to victims of Hurricane Katrina. In addition, the company has set up a fund to directly assist those Snap-on franchisees and associates who have been affected by the natural disaster.

Snap-on will match every dollar contributed by its associates and franchisees to both the Red Cross and Snap-on Associate and Dealer Fund and has made an initial corporate contribution to each fund. In addition, the company is providing assistance and support to its affected franchisees, associates and their families.

"Our hearts and thoughts go out to everyone who has suffered such enormous loss in the wake of this tragic event," said Jack D. Michaels, Snap-on chairman, president and chief executive officer. "As always, our associates and franchisees have been decisive in their desire to offer assistance. We are committed to do whatever we can to help."

Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tool, diagnostic and equipment solutions for professional tool users. Products are sold through its franchised dealer van, company-direct sales and distributor channels, as well as over the Internet. Founded in 1920, Snap-on is headquartered in Kenosha, Wisconsin.

For additional information on Snap-on, visit www.snapon.com.