Milacron Elects Four Directors

CINCINNATI, OHIO, April 24, 2002 - At its annual meeting of shareholders yesterday, Milacron Inc. (NYSE: MZ) announced that three incumbent directors and one new director had been elected to three-year terms on the board.

Re-elected were:

David L. Burner, Chairman, President and CEO of the Goodrich Corporation

Barbara Hackman Franklin, President and CEO of Barbara Franklin Enterprises and former Secretary of Commerce

Joseph A. Pichler, Chairman and CEO of The Kroger Company.

Newly elected was Charles F. C. Turner, a former Milacron employee and a great grandson of one of the founders of the company, Fred A. Geier.

Milacron reported than none of those elected received fewer than 95% of the votes cast by shareholders.

Photos of Milacron directors are available at ftp://ftp.milacron.com/photo/directors/.

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With 2001 sales of $1.26 billion, Milacron Inc. is a world leader in plastics processing and metalworking technologies with major manufacturing facilities in North America, Europe and Asia and 9,500 employees worldwide. Plastics technologies include injection molding machines, blow molding equipment, extrusion systems and wear items, mold bases, mold-making equipment and mold components, as well as aftermarket and MRO (maintenance, repair and operating) parts and services. Metalworking technologies include carbide metalcutting inserts, tool holders, carbide and high-speed steel round tools, metalworking fluids, grinding wheels, and carbide die and wear parts. For further information, visit the company's web site, www.milacron.com, or call the toll-free investor hot line: 800-909-MILA (800-909-6452).