EXHIBIT 99

Snap-on Incorporated                           News Release
                                               Release: IMMEDIATE

   Snap-on Incorporated Appoints Deloitte & Touche LLP as Independent Auditor

KENOSHA, Wis., June 14, 2002 -- Snap-on Incorporated (NYSE: SNA) today announced
that its Board of Directors has selected Deloitte & Touche LLP as its
independent auditor for 2002, effective immediately. Deloitte & Touche LLP
replaces Arthur Andersen LLP as Snap-on's independent auditor.

Previously, Snap-on announced it had initiated a process to consider and select
the company's independent public accountants. Snap-on's Audit Committee,
composed of independent directors, carefully reviewed and considered a number of
public accounting firms in making its recommendation to the Board of Directors.

"We believe Deloitte & Touche LLP will provide the strict standards of
independence and professionalism in audit service that will continue to best
serve our shareholders in the future," said Richard F. Teerlink, a director and
chair of the Audit Committee.

Snap-on Incorporated is a leading global innovator, manufacturer and marketer of
tool, diagnostic and equipment solutions for professional tool users. Product
lines include hand and power tools, diagnostics and shop equipment, tool
storage, diagnostics software and other solutions for vehicle-service,
industrial, government and agricultural customers, and commercial applications,
including construction and electrical. Products are sold through its franchised
dealer van, company-direct sales and distributor channels, as well as over the
Internet. Founded in 1920, Snap-on is a $2+ billion, S&P 500 company
headquartered in Kenosha, Wisconsin, and employs approximately 13,500 people
worldwide.

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     Media contact:                                 Investor contact:
     Richard Secor                                  William Pfund
     262/656-5561                                   262/656-6488

     www.snapon.com
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