JLG Industries, Inc. Announces Shareholder Approval of the Proposed Merger with Oshkosh Truck Corporation

  
    
  
  
    
      JLG Industries, Inc. (NYSE:JLG) announced today that its shareholders 
      approved the Agreement and Plan of Merger among JLG, Oshkosh Truck 
      Corporation (NYSE:OSK), and Steel Acquisition Corp., a wholly owned 
      subsidiary of Oshkosh. As a result of this approval, the parties expect 
      to consummate the merger on December 6, 2006 in accordance with the 
      terms of the agreement.
    
    
      About JLG Industries, Inc.
    
    
      JLG Industries, Inc. is the world’s leading 
      producer of access equipment (aerial work platforms and telehandlers). 
      JLG’s diverse product portfolio encompasses 
      leading brands such as JLG® aerial work 
      platforms; JLG, SkyTrak®, Lull® 
      and Gradall® 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 multichannel 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; (vi) costs of raw 
      materials and energy; and (vii) risks associated with our pending 
      merger, as well as other risks as detailed in JLG’s 
      SEC reports, including the report on Form 10-K for the year ended 
      July 31, 2006.
    
    
      NOTE: Information contained on our website is not incorporated by 
      reference into this press release.
    
  
JLG Industries, Inc. (NYSE:JLG) announced today that its
shareholders approved the Agreement and Plan of Merger among JLG,
Oshkosh Truck Corporation (NYSE:OSK), and Steel Acquisition Corp., a
wholly owned subsidiary of Oshkosh. As a result of this approval, the
parties expect to consummate the merger on December 6, 2006 in
accordance with the terms of the agreement.

   About JLG Industries, Inc.

   JLG Industries, Inc. is the world's leading producer of access
equipment (aerial work platforms and telehandlers). JLG'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 multichannel 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; (vi) costs of raw materials and
energy; and (vii) risks associated with our pending merger, as well as
other risks as detailed in JLG's SEC reports, including the report on
Form 10-K for the year ended July 31, 2006.

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