Press Release

Results to be Broadcast Live on Internet Webcast

LATROBE, Pa., Jan. 14 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) has announced that it will release its second-quarter fiscal 2004 financial results Wednesday, January 28, 2004. The results will be made available in an early morning news release and discussed in a live broadcast over the Internet at 10:00 a.m.

The live conference can be accessed by visiting the Investor Relations section of Kennametal's corporate web site: www.kennametal.com and following the prompt at the top of the page. The conference will be archived online two hours after completion of the call and will be available for replay for 7 days. Participants who wish to access the webcast must have a computer with a soundcard and speaker(s) and are encouraged to visit Kennametal's website at least 30 minutes prior to the conference to conduct a pre-event system test.

In addition to quarterly releases, Kennametal advises shareholders to note monthly order trends, for which the company makes a disclosure ten business days after the conclusion of each month. This information is available on the Investor Relations section of Kennametal's corporate web site at www.kennametal.com .

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 about 13,800 employees worldwide, the company's annual sales approximate $1.8 billion, with nearly half 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 Frth, Germany. Kennametal Asia Pacific operations are headquartered in Singapore. For more information, visit the company's web site at www.kennametal.com .

SOURCE Kennametal Inc.