Snap-on Announces Earnings Conference Call

KENOSHA, Wis., Oct 15, 2002 (BUSINESS WIRE) -- Snap-on Incorporated (NYSE: SNA), a global leader in tools, diagnostics and equipment, will hold its quarterly conference call to discuss 2002 third quarter results on Tuesday, October 22, 2002, at 11:00 a.m. Eastern Time (10 a.m. Central Time).

This call is being webcast by CCBN and can be accessed at SNA's web site at www.snapon.com.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

    About SNA

Snap-on Incorporated, www.snapon.com, is a leading global innovator, manufacturer and marketer of tool, diagnostic and equipment solutions for professional tool users worldwide. Founded in 1920, Snap-on is a $2+ billion, S&P 500 company headquartered in Kenosha, Wisconsin, and employs approximately 13,500 people worldwide.

CONTACT:          Snap-On Incorporated
                  Media Contact:
                  Richard Secor, 262/656-5561
                  or
                  Snap-On Incorporated
                  Investor Contact:
                  William Pfund, 262/656-6488

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