JLG Commences Shipment of Caterpillar-Branded Telehandlers

JLG Industries, Inc. (NYSE:JLG) announced today that it
commenced shipment of the Cat-branded TH family of telehandlers for
Caterpillar dealers in the European, African, Middle Eastern and
Asia-Pacific markets on July 26, 2006. Following a successful
production launch of five models in late June, the first units have
been delivered to Caterpillar dealers. Production of these models was
successfully transferred from a Caterpillar facility in the United
Kingdom to JLG's Belgium manufacturing plant.
   "We're pleased to report that we have hit another milestone on
schedule in our Caterpillar alliance implementation, with the first
shipments of the Cat-branded TH family of telehandlers," stated Bill
Lasky, Chairman of the Board, President and Chief Executive Officer.
"Production preparations for shipments to North and Latin American
Caterpillar dealers are also on track to begin in November of this
year."
   Under the terms of the 20-year strategic alliance agreement
announced in October of 2005, JLG will provide to Caterpillar dealers
an exclusive, full range of Cat-branded telehandlers. The five TH
family models produced at the Maasmechelen, Belgium facility have
capacity ranges from 3,500 to 5,000 kg and maximum lift heights from 6
to 17 meters. Four brand-new North American TL family models will be
produced at the McConnellsburg, PA facility with capacity ranges from
6,600 to 12,000 pounds and maximum lift heights from 42 to 55 feet. In
addition to the TL family, two models of the Belgium produced TH
family will be available to the North and Latin American Caterpillar
dealers.

   About JLG Industries

   JLG Industries, Inc. is the world's leading producer of access
equipment (aerial work platforms and telehandlers). The Company's
diverse product portfolio encompasses leading brands such as JLG(R)
aerial work platforms; JLG, SkyTrak(R), Lull(R) and Gradall(R)
telehandlers; and an array of complementary accessories that increase
the versatility and efficiency of these products for end users. JLG
markets its products and services through a multi-channel approach
that includes a highly trained sales force and utilizes a broad range
of marketing techniques, integrated supply programs and a network of
distributors in the industrial, commercial, institutional and
construction markets. In addition, JLG offers world-class after-sales
service and support for its customers. JLG's manufacturing facilities
are located in the United States, Belgium, and France, with sales and
service operations on six continents.

   Forward-Looking Statements

   This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are not guarantees of future performance
and involve a number of risks and uncertainties that could cause
actual results to differ materially from those indicated by the
forward-looking statements. Important factors that could cause actual
results to differ materially from those suggested by the
forward-looking statements include, but are not limited to, the
following: (i) general economic and market conditions, including
political and economic uncertainty in areas of the world where we do
business; (ii) varying and seasonal levels of demand for our products
and services; (iii) risks associated with acquisitions; (iv) credit
risks from our financing of customer purchases; (v) risks arising from
dependence on third-party suppliers; and (vi) costs of raw materials
and energy, as well as other risks as detailed in the Company's SEC
reports, including the report on Form 10-Q for the quarter ended April
30, 2006.

   NOTE: Information contained on our website is not incorporated by
reference into this press release.

   For more information, visit www.jlg.com.