Joy Global Inc.: Declares Quarterly Dividend of $0.1125 Per Share


At the Company:
Donald C. Roof
Executive Vice President and
Chief Financial Officer and Treasurer

At FRB | Weber Shandwick:
Georganne Palffy
Analyst Contact

Milwaukee, WI – August 23, 2005 – 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 21, 2005 to shareholders of record on September 7, 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.