Kadant Corporate

News Release

Kadant to Hold Conference Call on Thursday, October 28, 2004

October 19, 2004 at 12:38 PM EDT

ACTON, Mass.--(BUSINESS WIRE)--Oct. 19, 2004--Kadant Inc. (NYSE:KAI) announced that it will release its 2004 third quarter results after the market closes on Wednesday, October 27, 2004, and will hold a conference call for investors the next day, Thursday, October 28, at 11 a.m. Eastern time.

During the call, the company will discuss its third quarter performance, as well as future expectations. To listen, call 800-709-2159 within the U.S., or 973-582-2810 outside the U.S. Please begin dialing at least 10 minutes before the scheduled starting time. You can listen to the conference call live on the Web by visiting www.kadant.com and clicking on "Investors." Our earnings release is also posted in the "Investors" section, under "News Releases." An audio archive of the call will be available on our Web site until November 26, 2004.

Kadant Inc. is a leading supplier of a range of products for the global papermaking and paper recycling industries, including stock-preparation equipment, water-management systems, and paper machine accessories. We also develop and manufacture composite building materials produced from recycled fiber and plastic. Kadant, based in Acton, Massachusetts, had approximately $204 million in revenues in 2003 and 1,000 employees worldwide. For more information, please visit www.kadant.com.

CONTACT: Investor contact
Kadant
Thomas M. O'Brien, 978-776-2000
or
Media contact
GreatPoint Communications, 978-392-6866

SOURCE: Kadant

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