WI Congressman Paul Ryan to Tour Modine Manufacturing to See Fuel Cell Technology, Including Hydrogen Refueling Station Reformer

Business Wire, August 9, 2006

RACINE, Wis. -- Modine Manufacturing Company (NYSE:MOD), a world leader in designing and developing thermal solutions for markets including fuel cells, announced that Representative Paul Ryan, from Wisconsin's First Congressional District, will visit Modine's research and development facility in Racine today, Wednesday, August 9, to see the latest fuel cell and new hydrogen refueling station reformer technology. Modine is now in the second phase of development with Chevron Technology Ventures LLC to produce on-site hydrogen generation for hydrogen fueling stations.

Modine developed a highly integrated Advanced Steam Methane Reformer (ASMR) that will be used in the refueling station, currently on test at a Chevron lab in Houston. "We are happy to have Congressman Ryan visit our facility and learn more about our products and technology. As gasoline prices continue to increase, everyone, from drivers to fleet operators, is looking for new solutions in hybrids and fuel cell vehicles. They will also need the infrastructure, like the hydrogen refueling station, to support it," said Mark Baffa, Modine's Director of the Fuel Cell Products Group. "We have been working on fuel cells since 1997, and had a dedicated group of engineers in the Fuel Cells Product Group since 2000. This is a future growth area for Modine."

Ryan is a member of the House of Representatives' Ways and Means Committee and the Budget Committee, as well as the Joint Economic Committee, and is interested in fuel alternatives including hybrids and fuel cells.

About Modine

Founded in 1916, with fiscal 2006 revenues from continuing operations of $1.6 billion, Modine specializes in thermal management systems and components, bringing highly engineered heating and cooling technology and solutions to diversified global markets. Modine products are used in light, medium and heavy-duty vehicles, HVAC (heating, ventilating, air conditioning) equipment, industrial equipment, refrigeration systems, fuel cells, and electronics. Based in Racine, Wisconsin, the company has approximately 9,000 employees at 34 facilities in 15 countries worldwide. For information about Modine, visit www.modine.com.

Statements made in this press release regarding future matters are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including those regarding a positive impact from new business programs, exploitation of technology, expansion into niche markets, incremental business and continuing market strength are based on Modine's current expectations. Modine's actual results, performance or achievements may differ materially from those expressed or implied in these statements because of certain risks and uncertainties including, but not limited to, market acceptance and demand for products and technologies; successful launch of the products by Modine; success of the above described platform in which Modine's products are included; non-cancellation of the platform or Modine as a supplier; the ability of Modine, its customers and suppliers to achieve projected sales and production levels and avoid unanticipated product or manufacturing difficulties; and other factors affecting Modine's business prospects discussed in filings made by Modine, from time to time, with the SEC including the factors discussed in Item 1A, Risk Factors, and the "Forward Looking Statements" section in Item 7 in the Company's most recent Annual Report on Form 10-K and its periodic reports on Form 10-Q. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.