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Joy Global Inc. Declares Quarterly Dividend Of $0.1125 Per Share

Milwaukee, WI - August 24, 2006 - Joy Global Inc. (NASDAQ: JOYG) today announced that its Board of Directors declared a quarterly dividend in the amount of $0.1125 per share to be paid on September 22, 2006 to shareholders of record at the close of business on September 8, 2006.

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.

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