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Snap-on Incorporated Names Blaine A. Metzger Vice President and Corporate Controller

KENOSHA, Wis.--(BUSINESS WIRE)--May 24, 2001--Snap-on Incorporated (NYSE: SNA) announced today that it named Blaine A. Metzger as vice president and corporate controller.

Metzger brings extensive financial management experience to Snap-on. He most recently was chief financial officer for Crenlo, Inc. in Rochester, Minn., a division of Dover Corporation, where he was responsible for finance and information systems. Previously, he was vice president, financial planning, reporting and finance centers for CNH Global N.V. in Racine, Wis. Prior to serving as vice president at CNH Global, Metzger held several financial management positions at Case Corporation including assistant corporate controller, and director of accounting operations and finance centers.

Metzger holds a bachelor of science degree in accounting from Indiana University and is a certified public accountant. He replaces former controller Neil Smith, who recently joined Navigation Technologies Corporation in Chicago.

Snap-on Incorporated is a leading global developer, manufacturer and marketer of tool, diagnostic and equipment solutions for professional tool users. Product lines include hand and power tools, diagnostics and shop equipment, tool storage products, diagnostics software and other solutions for transportation-service, industrial, government, education and agricultural customers, and other commercial applications, including construction and electrical. Products are sold through its franchise dealer van, company direct sales and distributor channels, and the Internet. Founded in 1920, Snap-on is a $2.2 billion, S&P 500 company headquartered in Kenosha, Wisconsin, and employs approximately 14,000 people worldwide.

CONTACT: Snap-on Incorporated
Richard Secor (MR), 262/656-5561
or
Bill Pfund (IR), 262/656-6488
URL: www.snapon.com