Parker-Hannifin (PH) 8-K Regulation FD Disclosure

Exhibit 99.1

INDUSTRIAL NORTH AMERICA

	FY 2004						FY 2003
	1st Qtr			YTD			1st Qtr			YTD
Sales
As reported	$	685.3		$	685.3		$	727.6		$	727.6
% change		-5.8	%		-5.8	%
Acquisitions	$	4.6		$	4.6		$	0.0		$	0.0
without Acquisitions	$	680.7		$	680.7		$	727.6		$	727.6
% change		-6.4	%		-6.4	%
Currency effects	$	3.1		$	3.1		$	0.0		$	0.0
without Acquisitions & Currency	$	677.6		$	677.6		$	727.6		$	727.6
% change		-6.9	%		-6.9	%
Operating Margin
As reported	$	46.6		$	46.6		$	51.0		$	51.0
% of sales		6.8	%		6.8	%		7.0	%		7.0	%
Business realignment	$	3.7		$	3.7		$	0.6		$	0.6
Without Business realignment	$	50.3		$	50.3		$	51.6		$	51.6
% of sales		7.3	%		7.3	%		7.1	%		7.1	%

INDUSTRIAL REST OF WORLD

	FY 2004						FY 2003
	1st Qtr			YTD			1st Qtr			YTD
Sales
As reported	$	422.0		$	422.0		$	365.7		$	365.7
% change		15.4	%		15.4	%
Acquisitions	$	0.5		$	0.5		$	0.0		$	0.0
without Acquisitions	$	421.5		$	421.5		$	365.7		$	365.7
% change		15.3	%		15.3	%
Currency effects	$	44.5		$	44.5		$	0.0		$	0.0
without Acquisitions & Currency	$	377.0		$	377.0		$	365.7		$	365.7
% change		3.1	%		3.1	%
Operating margin
As reported	$	31.3		$	31.3		$	26.6		$	26.6
% of sales		7.4	%		7.4	%		7.3	%		7.3	%
Business realignment	$	3.0		$	3.0		$	1.1		$	1.1
Without Business realignment	$	34.3		$	34.3		$	27.7		$	27.7
% of sales		8.1	%		8.1	%		7.6	%		7.6	%

AEROSPACE

	FY 2004						FY 2003
	1st Qtr			YTD			1st Qtr			YTD
Sales
As reported	$	266.8		$	266.8		$	277.3		$	277.3
% change		-3.8	%		-3.8	%
Acquisitions	$	0.0		$	0.0		$	4.6		$	4.6
without Acquisitions	$	266.8		$	266.8		$	272.7		$	272.7
% change		-2.2	%		-2.2	%
Currency effects	$	1.4		$	1.4		$	0.0		$	0.0
without Acquisitions & Currency	$	265.4		$	265.4		$	272.7		$	272.7
% change		-2.7	%		-2.7	%
Operating margin
As reported	$	33.9		$	33.9		$	42.5		$	42.5
% of sales		12.7	%		12.7	%		15.3	%		15.3	%
Business realignment	$	0.0		$	0.0		$	0.4		$	0.4
Without Business realignment	$	33.9		$	33.9		$	42.9		$	42.9
% of sales		12.7	%		12.7	%		15.5	%		15.5	%

CLIMATE & INDUSTRIAL CONTROLS

	FY 2004						FY 2003
	1st Qtr			YTD			1st Qtr			YTD
Sales
As reported	$	156.0		$	156.0		$	164.7		$	164.7
% change		-5.3	%		-5.3	%
Acquisitions	$	0.0		$	0.0		$	0.0		$	0.0
without Acquisitions	$	156.0		$	156.0		$	164.7		$	164.7
% change		-5.3	%		-5.3	%
Currency effects	$	2.7		$	2.7		$	0.0		$	0.0
without Acquisitions & Currency	$	153.3		$	153.3		$	164.7		$	164.7
% change		-6.9	%		-6.9	%
Operating margin
As reported	$	17.5		$	17.5		$	15.0		$	15.0
% of sales		11.2	%		11.2	%		9.1	%		9.1	%
Business realignment	$	0.1		$	0.1		$	0.0		$	0.0
Without Business realignment	$	17.6		$	17.6		$	15.0		$	15.0
% of sales		11.3	%		11.3	%		9.1	%		9.1	%

OTHER

	FY 2004						FY 2003
	1st Qtr			YTD			1st Qtr			YTD
Sales
As reported	$	56.7		$	56.7		$	50.6		$	50.6
% change		12.1	%		12.1	%
Acquisitions	$	0.0		$	0.0		$	0.0		$	0.0
without Acquisitions	$	56.7		$	56.7		$	50.6		$	50.6
% change		12.1	%		12.1	%
Currency effects	$	5.9		$	5.9		$	0.0		$	0.0
without Acquisitions & Currency	$	50.8		$	50.8		$	50.6		$	50.6
% change		0.4	%		0.4	%
Operating margin
As reported	$	5.7		$	5.7		$	3.8		$	3.8
% of sales		10.1	%		10.1	%		7.5	%		7.5	%
Business realignment	$	0.0		$	0.0		$	0.0		$	0.0
Without Business realignment	$	5.7		$	5.7		$	3.8		$	3.8
% of sales		10.1	%		10.1	%		7.5	%		7.5	%