News Release

ACTON, Mass., Feb 5, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE: KAI) announced that it will release its year-end results at the close of business on Monday, February 11, 2002, and will hold a conference call for investors the following day, Tuesday, February 12, 2002, at 11 a.m. EST.

During the call, the company will discuss its fourth-quarter and annual performance as well as future expectations. To listen, call 877-692-2595 within the U.S., or 973-633-1010 outside the U.S. Please begin dialing at least 10 minutes before the scheduled starting time.

Replays of the call will be available until February 19, 2002. By phone, dial 877-519-4471 in the U.S., or 973-341-3080 outside the U.S., and enter code 3034027. On the Web, an audio archive will be available after 5 p.m. on February 12, 2002. Visit www.kadant.com and click on "Investors."

Kadant Inc. is a leading supplier of a range of products for the global papermaking and paper-recycling industries, including de-inking systems, stock-preparation equipment, water-management systems, and papermaking accessories. The company also provides composite building materials produced from natural fiber and recycled plastic. Kadant, based in Acton, Massachusetts, reported $235 million in revenues in 2000 and employs approximately 1,200 people worldwide. For more information, please visit www.kadant.com.

CONTACT:          Kadant Inc.
                  Thomas M. O'Brien  
                  978-776-2000

URL:              http://www.businesswire.com
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