Farrel Corporation Completes Merger


ANSONIA, Conn., Feb. 23 -- Farrel Corporation ("Farrel", OTC: FARL) announced that its merger will be completed at 5:00 p.m. today, at which time Farrel common stock will cease trading.

About Farrel Corporation

Farrel Corporation is a leading designer and manufacturer of machinery used to process rubber and plastic materials. Farrel's products include BANBURY(R) and INTERMIX(R) mixers, continuous mixers, single and twin screw extruders, plastic compounders, pelletizers, gear pumps and mills. Farrel also provides repair, refurbishment and machinery upgrade services.

First Call Analyst:
FCMN Contact: pzepp@farrel.com

Source: Farrel Corporation

CONTACT: Paul M. Zepp of Farrel Corporation, +1-203-736-5500

Web site: http://www.farrel.com/

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