Oshkosh Truck Reports First Quarter EPS of $0.55; First $1 Billion Revenue Quarter in Company's History; Progress Continuing on Integration of JLG Industries, Inc.; Increases Fiscal 2007 EPS Estimate Range to $3.15 - $3.25.

OSHKOSH, Wis. -- Oshkosh Truck Corporation (NYSE:OSK), a leading manufacturer of specialty vehicles and vehicle bodies, today reported that for its first quarter of fiscal 2007, earnings per share ("EPS") was $0.55, on sales of $1.0 billion and net income of $41.2 million. These results compare with EPS of $0.72 on sales of $790.3 million and net income of $53.1 million for last year's first quarter. Oshkosh's EPS exceeded the Company's most recent earnings estimate range of $0.35 - $0.40 per share. This estimate range included an estimated $0.15 per share dilution to EPS from the acquisition of JLG Industries, Inc. ("JLG") on December 6, 2006 for $3.1 billion. Actual dilution in the first quarter from the acquisition of JLG was $0.13 per share.

The Company a...

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