Snap-on to Webcast its 2002 Annual Meeting of Shareholders.

Business Editors

KENOSHA, Wis.--(BUSINESS WIRE)--April 19, 2002

Snap-on Incorporated (NYSE: SNA) announced today that its 2002 Annual Meeting of Shareholders will be Webcast live via the Internet.

The audio Webcast with accompanying slides will be available on Snap-on's

Web site beginning at approximately 8:00 a.m. CDT on Thursday, April 25, 2002. To access the Webcast, visit www.snapon.com, click on the Investor Information tab at the top of the page, on Presentations in the menu at the left and then on the link to the presentation. To ensure timely access, it is recommended that viewers go to the Web site at least ten minutes early to register and to download and install any necessary audio software. An archived replay will be available following the webcast for approximately 30 days.

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.