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Kennametal Cancels Investor Conference

09/14/01

PITTSBURGH, Sept. 14 /PRNewswire/ -- In light of this week's tragic events, Kennametal Inc. (NYSE: KMT) said today that it would cancel its September 20th investor meeting in New York City. The decision was made in consideration for the victims and their families, friends and colleagues, and in recognition of the uncertain conditions that continue to impact the city.

In lieu of the meeting, the company will provide an extended discussion of strategy and guidance, including webcast slides, during the first-quarter conference call scheduled for October 31st. Kennametal also will make a presentation to the New York investment community on November 26th at the Deutsche Bank Basic Industries Conference.

Kennametal Inc. aspires to be the premier tooling solutions supplier in the world with operational excellence throughout the value chain and best-in- class manufacturing and technology. Kennametal strives to deliver superior shareowner value through top-tier financial performance. The company provides customers a broad range of technologically advanced tools, tooling systems and engineering services aimed at improving customers' manufacturing competitiveness. With 13,000 employees worldwide, the company's annual sales are approximately $1.8 billion, with a third coming from sales outside the United States. Kennametal is a five-time winner of the GM "Supplier of the Year" award and is represented in more than 60 countries. Kennametal operations in Europe are headquartered in Furth, Germany. Kennametal Asia Pacific operations are headquartered in Singapore.

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SOURCE Kennametal Inc.
Web site: http: //www.kennametal.com
CONTACT: Beth A. Riley, Investor Relations of Kennametal, +1-724-539-3470