EXHIBIT 24 INGERSOLL-RAND EXTENDS TENDER OFFER THROUGH MAY 25, 1995 Woodcliff Lake, New Jersey (May 19, 1995) -- Ingersoll-Rand Company today announced that it has extended the period during which its tender offer for shares of Clark Equipment Company common stock will remain open to 5:00 P.M., New York City time, on Thursday, May 25, 1995. The extension of the tender offer has been made in order to allow additional time for the completion of the review of the transaction by the Antitrust Division of the Justice Department. Ingersoll-Rand Company announced earlier this week that it has sold its domestic paving equipment business which it believes eliminates the one area of overlap between the businesses of Clark and Ingersoll-Rand. Ingersoll-Rand has submitted the relevant documents relating to the sale to the Justice Department in connection with its review. At the close of business on May 18, 1995, approximately 8,680,000 shares of Clark common stock has been validly tendered in connection with the offer.