CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the incorporation by reference in the registration statement of Woodward Governor Company and Subsidiaries on Form S-8 (File No. 333- 104-09) of our report dated November 8, 1997, on our audits of the consolidated financial statements and financial statement schedule of Woodward Governor Company and Subsidiaries as of September 30, 1997 and 1996, and for the years ended September 30, 1997, 1996 and 1995, which report is incorporated by reference in this Annual Report on Form 10-K. Coopers & Lybrand L.L.P. Chicago, Illinois December 23, 1997 CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the incorporation by reference in the registration statement of Woodward Governor Company and Subsidiaries on Form S-8 (File No. 333-104-09) of our report dated October 17, 1997, on our audit of the financial statements of GENXON(tm) Power Systems, L.L.C. as of September 30, 1997 and for the year then ended, which report is incorporated by reference in this Annual Report on Form 10-K. Coopers & Lybrand L.L.P. San Jose, California December 23, 1997