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Kewaunee Scientific Reports Record Results Net Earnings for Year Increase 36%, Sales Increase 16%
Date:6/24/2009

ion of scientific and technical furniture. The Company's corporate headquarters and domestic manufacturing facilities are located in Statesville, North Carolina. The Company has subsidiaries in Singapore and Bangalore, India which serve the Asian and Middle East markets. Kewaunee Scientific's website is located at www.kewaunee.com.

Certain statements in this release constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could significantly impact results or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, economic, competitive, governmental, and technological factors affecting the Company's operations, markets, products, services, and prices.

                         Consolidated Statements of Operations
                         (in thousands, except per share data)


                                    Three Months Ended       Years Ended
                                         April 30              April 30
                                     2009       2008       2009       2008
                                     ----       ----       ----       ----
                                        (Unaudited)

    Net sales                       $24,828   $22,116    $103,978  $89,510
    Cost of products sold            19,759    17,579      82,605   70,338
                                     ------    ------      ------   ------
    Gross profit                      5,069     4,537      21,373   19,172
    Operating expenses                3,405     3,748      14,289   13,559
                                      -----     -----      ------   ------
    Operating earnings                1,664       789       7,084   
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SOURCE Kewaunee Scientific Corporation
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