WGOV Woodward Governor Company (MM)

Woodward Governor Company (NASDAQ: WGOV) today announced it expects to report its fourth quarter and fiscal year 2008 earnings at approximately 4:00 p.m. ET on Wednesday, November 19, 2008. A news release will be issued at that time and an investor conference call will be held at 6:00 p.m. ET.

In the conference call, the company will provide an overview of its business highlights and financial performance. You are invited to listen to the call live via the company's website, www.woodward.com, on November 19. A webcast presentation will be available on the company's website by clicking the Investor Relations tab, then the Presentations/Conference Calls menu selection and associated webcast link. The call and presentation will remain accessible at the website for 30 days.

You may also listen to the call by dialing 1-866-225-4091 (domestic) or 1-703-639-1128 (international). Participants should call prior to the start time to allow for registration; the Conference ID is 1299787. An audio replay will be available by telephone from 10:00 p.m. ET on November 19 until 11:59 p.m. ET on November 21, 2008. The telephone number to access the replay is 1-888-266-2081 (domestic) or 1-703-925-2533 (international), reference access code 1299787.

About Woodward

Woodward is an independent designer, manufacturer, and service provider of energy control and optimization solutions for commercial and military aircraft, turbines, reciprocating engines, and electrical power system equipment. The company's innovative fluid energy, combustion control, electrical energy, and motion control systems help customers offer cleaner, more reliable, and more cost-effective equipment. Leading original equipment manufacturers use our products and services in aerospace, power and process industries, and transportation. Woodward is headquartered in Fort Collins, Colo., USA and serves global markets in aerospace, power and process industries, and transportation. Visit our website at www.woodward.com.

CONTACT: Robert F. Weber, Jr. Chief Financial Officer and Treasurer 970-498-3112 Woodward Governor Company 1000 East Drake Road Fort Collins, Colorado 80525, USA Tel: 970-482-5811 Fax: 970-498-3058