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


At the Company:

Donald C. Roof
Executive Vice President and Chief Financial Officer

At Financial Relations Board:

Georganne Palffy
Analyst Contact

Milwaukee, WI – February 23, 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 March 23, 2006 to shareholders of record at the close of business on March 9, 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.