Milacron Third Quarter Earnings Release and Conference Call Set for October 31

CINCINNATI, Ohio - October 21, 2003 - Milacron Inc. (NYSE: MZ), a leading global supplier of plastics-processing technologies and industrial fluids, announced today it will report its financial results for the third quarter ended September 30, 2003, on Friday, October 31, 2003.

Following its usual practice, on October 31 the company will release its results in the morning before the market opens.  At 11:00 a.m. ET, management will conduct an open investor conference call to discuss the third quarter along with the current outlook.  The call can be accessed live via Milacron's website, www.milacron.com.  For analysts and investors wishing to ask questions, the dial-in number will be (719) 457-2727.

A recording of the conference call will be available from 2:00 p.m. Friday, October 31, through midnight Thursday, November 6, and may be accessed on Milacron's website or by dialing (719) 457-0820 and providing the access code: 281630.

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First incorporated in 1884, Milacron is a leading global supplier of plastics-processing technologies and industrial fluids, with major manufacturing facilities in North America, Europe and Asia.  For further information, visit the company's web site or call the toll-free investor hot line: 800-909-MILA (800-909-6452).