Company News

Parker Hannifin Corporation - Cleveland, OH

Original Press Release

Gatley Fluid Power Strengthens Leading Position with Parker Partnership

Press release date: October 22, 2008

The Fluid Control Division of Parker Hannifin, the global leader in motion and control technologies, has appointed Gatley Fluid Power Limited as an authorised distributor in the UK. Backed by Parker's global supply and support network, Gatley Fluid Power will be able to strengthen its market leading position by building on its reputation as a supplier of high quality pneumatic products and services. Gatley is an established fluid power specialist that provides a diverse range of products and technical solutions to a wide range if clients across the Greater Yorkshire area. The company's reputation is founded on its ability to provide customers with the complete solution to their needs, from design assistance and development work through to on-site back up and automation support. Steven Cox, Director of Gatley Fluid Power, commented, "Becoming the authorised Parker FCDE Process & Industrial Distributor in the Greater Yorkshire area is a significant step in our continued growth and success. With Parker's world leading product range and specialist knowledge of fluidpower technology, we can develop our ability to deliver high quality engineering solutions still further." With annual sales exceeding $12 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 approximately 62,000 people in 48 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. For more information, visit the company's web site at www.parker.com, or its investor information site at www.phstock.com. Gatley Fluid Power can be contacted at: Gatley Fluid Power Ltd Unit 5 Iron Bridge Industrial Estate 397 Retford Road Sheffield S13 9WA Tel: 01142 880 888 www.gatleyfluidpower.co.uk Contact: Parker Hannifin Ltd, European Product Information Centre, Parker House, 55 Maylands Avenue, Hemel Hempstead, Herts, HP2 4SJ. Tel: 00800 27 27 5374 Email: epic@parker.com Division: Corporate Division, Fluid Control Division - Europe, United Kingdom

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