Kennametal Inc. announces the following Webcast:

  What:     Kennametal Third Quarter Update Webcast

  When:     March 28, 2003 @ 9:00 a.m. Eastern

  Where:    http://www.kennametal.com/, click on "Investors"

  How:      Live over the Internet -- Simply log on to the web at the
            address above.

  Contact:  Beth Riley, Director of Investor Relations of Kennametal,
            +1-724-539-6141, Fax: +1-724-539-5701 or
            investor.relations@kennametal.com, or Riz Chand, Media
            Relations, +1-724-539-4662

If you are unable to participate during the live webcast, the call will be archived at http://www.kennametal.com/.

Kennametal Inc. aspires to be the premier tooling solutions supplier in the world with operational excellence throughout the value chain and best-in- class manufacturing and technology. Kennametal strives to deliver superior shareowner value through top-tier financial performance. The company provides customers a broad range of technologically advanced tools, tooling systems and engineering services aimed at improving customers' manufacturing competitiveness. With approximately 14,500 employees worldwide, the company's annual sales approximate $1.8 billion, with a third coming from sales outside the United States. Kennametal is a five-time winner of the GM "Supplier of the Year" award and is represented in more than 60 countries. Kennametal operations in Europe are headquartered in Furth, Germany. Kennametal Asia Pacific operations are headquartered in Singapore. For more information, visit the company's web site at www.kennametal.com.

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8 kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webcastsupport@tfprn.com .)

SOURCE: Kennametal Inc.