Joy Global Inc.
Feb 3, 2005

Joy Global Inc. Announces First Quarter 2005 Earnings Release And Conference Call Information

Milwaukee, WI - February 3, 2005 - Joy Global Inc. (Nasdaq: JOYG) announced today that it will release first quarter earnings results prior to the opening of business on February 24, 2005. A conference call is scheduled for 11:00 a.m. EST on Thursday, February 24, 2005, to discuss the quarterly results. John Nils Hanson, Chairman, President and CEO of Joy Global Inc., Donald C. Roof, Executive Vice President and CFO, and Michael S. Olsen, Vice President, Controller and Chief Accounting Officer, will host the call.

Interested parties can listen to the call by dialing 800-649-5127 in the United States or 706-679-0637 outside of the United States, access code #3858054, at least 15 minutes prior to the 11:00 a.m. EST start time of the call. A rebroadcast of the call will be available until the close of business on March 11, 2005 by dialing 800-642-1687 or 706-645-9291, access code #3858054.

Alternatively, interested parties can listen to a live webcast of the call on the Joy Global Inc. web site at http://www.joyglobal.com/investorrelations/confcalls.jsp. To listen, please register and download audio software on the site at least 15 minutes prior to the start of the call. A replay of the webcast will be available until the close of business on March 31, 2005.

Joy Global Inc. is a worldwide leader in manufacturing, servicing and distributing equipment for surface mining through P&H Mining Equipment and underground mining through Joy Mining Machinery.