Kennametal Named Again Among World's Most Ethical Companies

         Kennametal Named Again Among World's Most Ethical Companies

PR Newswire

LATROBE, Pa., March 6, 2013

LATROBE, Pa., March 6, 2013 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT)
announced today that it has been named for the second year in a row as one of
the World's Most Ethical Companies by The Ethisphere Institute, a leading
international think-tank dedicated to the creation, advancement and sharing of
best practices in business ethics, corporate social responsibility,
anti-corruption and sustainability.

Kennametal's global leadership exemplifies a company culture in which
employees put ethics into action with consistent investment and performance
toward 100% safety, environmental excellence and community engagement, as well
as extensive efforts to advance technical education, material science and
industrial technologies indispensable to next-generation manufacturing.

"To again be recognized as one of the world's most ethical companies is a
great honor and tribute to Kennametal people everywhere," said Kennametal
Chairman, President and CEO Carlos Cardoso. "Not only are we committed to be
our best as corporate citizens; we are compelled to improve our performance
continuously. That is what differentiates Kennametal as a leader."

In addition to extensive ethics training and communication with employees,
Kennametal's efforts in the past year included a number of new records for the
company in:

  oEmployee engagement, achieved at levels exceeding peer comparisons;
  oTalent development, delivering technical training and professional
    development in record numbers to Kennametal employees, customers and
    supply chain partners worldwide;
  oSafety, including two consecutive months with zero injuries requiring days
    away or restricted time (DART), key milestones toward the aim of keeping
    all employees and visitors 100% safe, 100% of the time;
  oCommunity stewardship, including employee volunteerism and fundraising,
    from participation and support for the United Way in North America, to
    educational programs and service to community organizations worldwide;
  oEnvironmental performance, including ISO 14001 certifications, waste
    reduction, recycling and management programs across the company's supply
    chain worldwide;
  oInformation technology, including industry-leading execution of
    standardized enterprise resource systems and processes; and
  oInnovation, including consistently exceeding 40% of sales realized from
    new products, which offer at least 20% performance improvement.

Through in-depth research and a multi-step analysis, Ethisphere reviewed
nominations from companies in more than 100 countries and 36 industries.
Kennametal showcased exemplary standards in its code of ethics, investment in
innovation and sustainable business practices as well as its activities
designed to improve corporate citizenship.

"Not only did more companies apply for the World's Most Ethical Companies
recognition this year than any year in the past, which demonstrates that
ethical activity is an important part of many of these companies' business
models, but we are also seeing more companies be proactive and create new
initiatives that expand ethics programs and cultures across entire industries,
such as industry-based ethics associations and other activities," said Alex
Brigham, Executive Director of Ethisphere. "We are excited to see the 2013
World's Most Ethical Companies take these leadership positions, and embrace
the correlation between ethical behavior and improved financial performance."

Celebrating its 75^th year as an industrial technology leader, Kennametal Inc.
delivers productivity to customers seeking peak performance in demanding
environments. The company provides innovative wear-resistant products and
application engineering backed by advanced material science, serving customers
in 60 countries across diverse sectors of aerospace, earthworks, energy,
industrial production, transportation and infrastructure. With approximately
13,000 employees and nearly $3billion in sales, the company realizes half of
its revenue from outside North America, and 40% globally from innovations
introduced in the past five years. Recognized among the "World's Most Ethical
Companies" (Ethisphere); "Outstanding Corporate Innovator" (Product
Development Management Association); and "America's Safest Companies" (EHS
Today) with a focus on 100% safety, Kennametal and its foundation invest in
technical education, industrial technologies and material science to deliver
the promise of progress and economic prosperity to people everywhere. For more
information, visit the company's website at

SOURCE Kennametal Inc.

Contact: Corporate Relations - Media, Christina Sutter, +1-724-539-5708 or
Investor Relations, Quynh McGuire, +1-724-539-6559
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