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Oshkosh Completes Public Offering Including Sale of Over-Allotment Shares

25 November 1999

Oshkosh Truck Corporation Completes Public Offering Including Sale of Over-Allotment Shares

    OSHKOSH, Wis.--Nov. 24, 1999--Oshkosh Truck Corporation (NASDAQ-OTRKB) announced today that it completed a public offering of 3,795,000 shares of its common stock at a price of $26.00 per share. This number of shares included the sale of 495,000 shares pursuant to the exercise of the underwriters' over-allotment option. The net proceeds to Oshkosh Truck from the offering were approximately $93.3 million after underwriting expenses. The underwriting syndicate was led by Credit Suisse First Boston, Goldman, Sachs & Co., Tucker Anthony Cleary Gull and Robert W. Baird & Co. Incorporated.

    Oshkosh Truck Corporation is a leading designer, manufacturer and marketer of a broad range of specialty commercial, fire and emergency and military trucks and truck bodies under the Oshkosh, McNeilus and Pierce brand names.