WGOV Woodward Governor Company (MM)

Woodward Governor Company (NASDAQ: WGOV) announced today that Gulfstream Aerospace Corporation named Woodward MPC (formerly MPC Products Corporation) as one of only 59 (of 350) suppliers to earn its 2008 Supplier of the Year awards.

"These awards represent the commitment of these companies' leadership and the dedication of their teams to provide excellent service in the areas of quality, delivery and cost," said Bill Williams, Vice President, Materials, in Monday's Gulfstream news release. "The success of these suppliers is due to their drive and commitment to continuous improvement. We are very proud of our relationship with them."

Gulfstream selects suppliers for the award via a measurement rating card that tracks overall value, delivery, quality, customer service, and compliance for all Gulfstream suppliers. The recognized companies scored 100 percent in all card categories through 2008.

"It is a pleasure to see an industry leader like Gulfstream recognizing our focus on market leadership in delivery and quality," said Craig Scott, Vice President and General Manger, Cockpit Controls and Actuation Systems, Woodward MPC Airframe Systems. "We appreciate Gulfstream rewarding our high performance and continued commitment."

Gulfstream Aerospace Corporation designs, develops, manufactures, markets, services, and supports the world's most technologically advanced business jet aircraft.

About Woodward

Woodward is an independent designer, manufacturer, and service provider of energy control and optimization solutions used in global infrastructure equipment. We serve the aerospace, power generation and distribution, and transportation markets. Our systems and components optimize the performance of commercial aircraft; military aircraft and other equipment; industrial gas, wind and steam turbines; reciprocating engines; and electrical power systems. The company's innovative fluid energy, combustion control, electrical energy, and motion control systems help customers offer cleaner, more reliable, and more cost-effective equipment. Our customers include leading original equipment manufacturers and end users of their products. Woodward is headquartered in Fort Collins, Colo., USA. You may wish to visit our website at www.woodward.com.

The statements in this release concerning the company's future sales, earnings, business performance, prospects, and the economy in general reflect current expectations and are forward-looking statements that involve risks and uncertainties. Actual results could differ materially from projections or any other forward-looking statement and we have no obligation to update our forward-looking statements. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward's Annual Report and Form 10-K for the year ended September 30, 2008, and the Quarterly Report Form 10-Q for the quarters ended December 31, 2008 and March 31, 2009.

CONTACT: Rose Briani-Burden Business Communications 815-639-6282