News Release

ACTON, Mass.--(BUSINESS WIRE)--May 31, 2005--Kadant Inc. (NYSE: KAI) will conduct a live Webcast of its 2005 annual shareholders' meeting on Tuesday, June 7, at 2:30 p.m. Eastern time. The meeting will be held at the Langham Hotel, 250 Franklin Street, Boston, Massachusetts.

Chairman and chief executive officer William A. Rainville will present an overview of the company's business and strategic direction. To listen to the meeting, please log on to www.kadant.com and click on "Investors." By accessing the Webcast, you will be able to view the slideshow and hear the accompanying audio, but you will not be able to ask questions or otherwise participate in the meeting. An archive of the presentation will be available on our Web site until June 28, 2005.

Kadant Inc. is a leading supplier to the global pulp and paper industry, with a range of products and services for improving efficiency and quality in pulp and paper production, including paper machine accessories, and systems for stock preparation, fluid handling, and water management. Our fluid-handling products are also used to optimize production in the steel, rubber, plastics, food, and textile industries. In addition, the company produces granules from papermaking byproducts for agricultural and lawn and garden applications. Kadant is based in Acton, Massachusetts, and, with the addition of Kadant Johnson in May 2005, has revenues of approximately $270 million and approximately 1,500 employees worldwide. For more information, visit www.kadant.com.

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

    SOURCE: Kadant Inc.