JLG CEO to Sell More Than 98,000 Shares of Common Stock

March 6, 2006 • JLG Industries, Inc., McConnellsburg, Pa., announced that Bill Lasky, chairman of the board, president, and chief executive officer, has entered into plans with SunTrust Bank to sell up to an aggregate of 98,347 shares of JLG's common stock through Variable Prepaid Forward (VPF) contracts.

The VPF contracts are scheduled to mature on June 1, 2007 and June 2, 2008, at which time the actual number of shares to be delivered by Lasky will be determined based on the price of JLG's common stock with the number not to exceed a total of 48,347 and 50,000 shares, respectively. The VPF arrangement allows Lasky to maintain certain voting and dividend rights and to participate in future stock price appreciation up to 130% during the term of the contract.

The shares subject to the contracts represent approximately 18% of the shares beneficially owned by Lasky, excluding the 100,000 shares that are subject to other VPF contracts entered into last year. The purpose is financial planning, primarily diversification of investment portfoliosLasky has filed a Form 144 and a Form 4 with the Securities and Exchange Commission in connection with this contract.