JLG Announces Proposed Offering of Common Stock

March 1, 2005 • Subject to market and other conditions, JLG Industries, McConnellsburg, Pa., announces its intention to sell 4,700,000 shares of common stock in an underwritten public offering made from a shelf registration that became effective in December 2003. The underwriters would have an option to purchase up to an additional 705,000 shares to cover over-allotments.

JLG intends to use approximately $68.1 million of the net proceeds from the offering to redeem up to 35 percent of its outstanding 8.38 percent senior subordinated notes due 2012 and to use the balance for general corporate purposes. UBS Investment Bank is acting as the sole lead manager on this offering; SunTrust Capital Markets and Harris Nesbitt Corp. are acting as co-managers.