Parker Fourth Quarter and Fiscal 2008 Earnings Report and Webcast Set for July 31

CLEVELAND, July 14 -- Parker Hannifin Corporation , the global leader in motion and control technologies, will release its fiscal 2008 fourth quarter and full year earnings before the market opens on Thursday, July 31, 2008, followed by its quarterly conference call at 10:00 a.m., Eastern Time. During the call, the company will discuss fourth quarter and fiscal year 2008 financial performance, its fiscal 2009 earnings outlook, and respond to questions from institutional investors and security analysts. The conference call will be simultaneously webcast on Parker's investor information website at http://www.phstock.com/, with an accompanying slide presentation. The call will be archived on the site and available for replay later that day.

With annual sales exceeding $10 billion, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial and aerospace markets. The company employs more than 57,000 people in 43 countries around the world. Parker has increased its annual dividends paid to shareholders for 52 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index.