Woodward, Inc. (Nasdaq:WWD) today announced it expects to report its fiscal 2012 first quarter earnings at approximately 4:00 p.m. EST on Monday, January 23, 2012. A news release will be issued at that time and an investor conference call will be held at 4:30 p.m. EST.

In the conference call, the company will provide an overview of its business highlights and financial performance. You are invited to listen to the call live via the company's website, www.woodward.com, on January 23. A webcast presentation will be available on the website by clicking "Investors/Calendar of Events" from the menu. The call and presentation will remain accessible on the website for 14 days.

You may also listen to the call by dialing 1-866-835-8903 (domestic) or 1-703-639-1410 (international). Participants should call prior to the start time to allow for registration; the Conference ID is 1563970. An audio replay will be available by telephone from 7:30 p.m. EST on January 23 until 11:59 p.m. EST on January 28. The telephone number to access the replay is 1-888-266-2081 (domestic) or 1-703-925-2533 (international), reference access code 1563970.

About Woodward, Inc.

Woodward is an independent designer, manufacturer, and service provider of control solutions for the aerospace and energy markets. Our aerospace systems and components optimize the performance of fixed wing and rotorcraft platforms in commercial, business and military aircraft, ground vehicles and other equipment. Our energy-related systems and components enhance the performance of industrial gas and steam turbines, reciprocating engines, compressors, wind turbines, electrical grids and other energy-related industrial equipment. The company's innovative fluid energy, combustion control, electrical energy, and motion control systems help customers offer cleaner, more reliable and more efficient equipment. Our customers include leading original equipment manufacturers and end users of their products. Woodward is headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com.

Business Communications
Rose Briani-Burden, 815-639-6282