WESTPORT, Conn.--(BUSINESS WIRE)--March 19, 2004--Terex
Corporation (NYSE:TEX) today announced that it will participate in the
Lehman Brothers High Yield Bond and Syndicated Loan Conference at
Disney's Yacht & Beach Club Resort in Orlando, Florida on Monday,
March 22, 2004. The meeting will include a presentation by Phil
Widman, Senior Vice President and Chief Financial Officer and Tom
Gelston, Director Investor Relations.
A live webcast of this presentation can be accessed on Monday,
March 22, 2004 at 1:45 p.m. (EST) on the Terex Corporation website,
www.terex.com under the Investor Relations section.
Listeners should go to this site at least 15 minutes before this
event to download and install any necessary audio software. For those
unable to listen to the live broadcast, a replay will be available for
90 days by accessing the above address. There is no charge to access
the event.
The webcast may contain forward-looking information based on
Terex's current expectations. Because forward-looking statements
involve risks and uncertainties, actual results could differ
materially. Such risks and uncertainties, many of which are beyond
Terex's control, include among others: Terex's business is highly
cyclical and weak general economic conditions may affect the sales of
its products and its financial results; the sensitivity of
construction, infrastructure and mining activity and products produced
for the military to interest rates and government spending; the
ability to successfully integrate acquired businesses; the retention
of key management personnel; Terex's businesses are very competitive
and may be affected by pricing, product initiatives and other actions
taken by competitors; the effects of changes in laws and regulations;
Terex's business is international in nature and is subject to changes
in exchange rates between currencies, as well as international
politics; the ability of suppliers to timely supply Terex parts and
components at competitive prices; the financial condition of suppliers
and customers, and their continued access to capital; Terex's ability
to timely manufacture and deliver products to customers; Terex's
significant amount of debt and its need to comply with restrictive
covenants contained in Terex's debt agreements; compliance with
applicable environmental laws and regulations; and other factors,
risks, uncertainties more specifically set forth in Terex's public
filings with the SEC. Actual events or the actual future results of
Terex may differ materially from any forward looking statement due to
those and other risks, uncertainties and significant factors. The
forward-looking statements herein speak only as of the date of this
release. Terex expressly disclaims any obligation or undertaking to
release publicly any updates or revisions to any forward-looking
statement included in this release to reflect any changes in Terex's
expectations with regard thereto or any changes in events, conditions,
or circumstances on which any such statement is based.
Terex Corporation is a diversified global manufacturer based in
Westport, Connecticut, with 2003 revenues of $3.9 billion. Terex is
involved in a broad range of construction, infrastructure, recycling
and mining-related capital equipment under the brand names of Advance,
American, American Truck, Amida, Atlas, Bartell, Bendini, Benford,
Bid-Well, B.L. Pegson, Canica, Cedarapids, Cifali, CMI, Coleman
Engineering, Comedil, CPV, Demag, Fermec, Finlay, Franna, Fuchs,
Genie, Grayhound, Hi-Ranger, Italmacchine, Jaques, Johnson-Ross,
Koehring, Lectra Haul, Load King, Lorain, Marklift, Matbro, Morrison,
Muller, O&K, Payhauler, Peiner, Powerscreen, PPM, Re-Tech, RO, Royer,
Schaeff, Simplicity, Square Shooter, Tatra, Telelect, Terex, and Unit
Rig. Terex offers a complete line of financial products and services
to assist in the acquisition of Terex equipment through Terex
Financial Services. More information on Terex can be found at
www.terex.com.
CONTACT: Terex Corporation, Westport
Tom Gelston, 203-222-5943
Fax: 203-222-7976
www.terex.com
SOURCE: Terex Corporation