Kennametal Inc. will participate in the Institutional Investor Conference, sponsored by the Wall Street Analyst Forum, Wednesday, March 28, 2001 at the Roosevelt Hotel in New York. Kennametal's presentation is scheduled to begin at 10:20 a.m.

The conference can be accessed at: http://www.corporate-ir.net/media_files/priv/21180/WSAF/schedule/032801.htm, or via the IR section of our website, http://www.kennametal.com/. The conference will be archived online for 30 days. Participants who wish to access the webcast must have a computer with a soundcard and speaker(s) and are encouraged to visit the site at least 30 minutes prior to the conference to conduct a pre- event system test.

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 13,000 employees worldwide, the corporation's annual sales are approximately $1.9 billion, with a third coming from sales outside the United States. Kennametal has been named one of the Best Places to Work in Pennsylvania and has operations in more than 60 countries. Kennametal operations in Europe are headquartered in Furth, Germany. Kennametal Asia Pacific operations are headquartered in Singapore.

SOURCE: Kennametal Inc.

Contact: Beth A. Riley, Investor Relations of Kennametal, 724-539-3470

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