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Oshkosh Truck Advised FMTV Contract Announcement Delayed

OSHKOSH, WIS. (March 26, 2003) — Oshkosh Truck Corporation [NYSE: OSK] has been advised by the U.S. Army Tank Automotive and Armaments Command today that the award announcement on the Family of Medium Tactical Vehicles (FMTV) A1 Competitive Rebuy program has been delayed for several weeks. The announcement had been expected in late March.

Oshkosh Truck Corporation [NYSE: OSK] is a leading manufacturer of specialty trucks and truck bodies for the fire and emergency, defense, concrete placement and refuse hauling markets. Products are marketed under the Oshkosh®, Pierce®, McNeilus®, Geesink, Norba and Medtec® brand names. The company is headquartered in Oshkosh, Wis., and had annual sales of $1.74 billion in fiscal 2002.

Forward-Looking Statements

Certain statements contained in this press release are “forward-looking statements” that Oshkosh believes are within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties that could cause actual results to be materially different. Those risks include, without limitation, matters described in Oshkosh’s Form 8-K filed with the Securities and Exchange Commission (SEC) on January 23, 2003 and other filings with the SEC. Oshkosh disclaims any obligation to update these expectations except as described in the Form 8-K.