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Parker to Webcast Annual Meeting of Shareholders on October 24 at 9:00 a.m. Eastern

Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Shareholders, which is scheduled for October 24, 2012 beginning at 9:00 a.m., Eastern time.

Don Washkewicz, Chairman, CEO and President, is scheduled to make a presentation during the meeting to review the company's performance, strategy and outlook for the future. A live webcast of the presentation will be accessible on Parker's investor information website at http://www.phstock.com and also will be archived on the site.

With annual sales exceeding $13 billion in fiscal year 2012, 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 mobile, industrial and aerospace markets. The company employs approximately 60,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 56 consecutive fiscal 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 web site at www.phstock.com.

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