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 18. 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 14 days.

You may also listen to the call by dialing 1-866-835-8893 (domestic) or 1-703-639-1409 (international). Participants should call prior to the start time to allow for registration; the Conference ID is 1403951. An audio replay will be available by telephone from 8:00 p.m. EST on November 18 until 11:59 p.m. EST on November 20, 2009. The telephone number to access the replay is 1-888-266-2081 (domestic) or 1-703-925-2533 (international), reference access code 1403951.

About Woodward

Woodward is an independent designer, manufacturer, and service provider of energy control and optimization solutions used in global infrastructure equipment. We serve the aerospace, power generation and distribution, and transportation markets. Our systems and components optimize the performance of commercial aircraft; military aircraft, ground vehicles and other equipment; gas and steam turbines; wind turbines; reciprocating engines; and electrical power systems. 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. Our customers include leading original equipment manufacturers and end users of their products. Woodward is headquartered in Fort Collins, Colo., USA. Visit our website at www.woodward.com.

The statements in this release concerning the company's future sales, earnings, business performance, prospects, and the economy in general reflect current expectations and are forward-looking statements that involve risks and uncertainties. Actual results could differ materially from projections or any other forward-looking statement and we have no obligation to update our forward-looking statements. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward's Annual Report and Form 10-K for the year ended September 30, 2008 and any subsequently filed Form 10-Q.

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