The Queen's Award for Enterprise 2006, UK's Highest Business Honor, Goes to Modine and its Subsidiary, Thermacore International

Racine, WI, April 25, 2006  -  Modine Manufacturing Company (NYSE: MOD), a world leader in designing and developing heating and cooling solutions for a diversified group of markets, announced today that its electronic cooling subsidiary, Thermacore International, Inc., has won the prestigious Queen's Award for Enterprise 2006, United Kingdom's highest honor for business performance.

Thermacore was recognized for The Queen's Award for Enterprise: International Trade for its outstanding contribution to the UK's manufacturing industries export achievements. This award is only given to businesses that demonstrate substantial growth in overseas earnings for goods and services in relation to the size of their operations. Over the last three years, Thermacore has seen an increase in the number of exports sales, up 83 percent in the last year, with a customer base spanning 25 countries.

"It is a privilege and honor to receive this accolade. This award is the reflection of the hard work of all employees of Thermacore Europe, and has been achieved by the confidence of our parent company Modine Manufacturing Company in making a large financial investment in this business unit," said Arif Shahab, General Manager of Thermacore Europe. "We are seen as a leader in the thermal management industry and have an exciting year ahead of us delivering our biggest projects to date."

Thermacore Europe is a world leader in the design and manufacture of advance thermal solutions for electronics across many different industry sectors, including military electronics, mobile telecommunications, computers, industrial, and satellite navigations systems. "Through innovative products and targeted investments, our facilities in both the UK and US have been able to grow our high-end military solutions business," said Tom Cromwell, General Manager of Thermacore International based in Lancaster, PA. "Congratulations to all our employees on winning this award."

In the demanding area of military electronics, Thermacore has developed solutions that are embedded in aircraft, land vehicles and ships, as well as tactical ground support equipment like digital radar, satellite communications and high power RF amplification.

Faster computers and high power servers bring demanding thermal issues, which Thermacore is also solving. Increased innovations in preventative and diagnostic medicine are pushing high power electronic and laser technologies that require Thermacore's next generation cooling solutions. The cars we drive are becoming ever more sophisticated offering advanced emissions control, safety systems and infotainment resulting in thermal issues never encountered before in this sector. Thermacore is attacking each of these challenges.

These Awards are given each year by The Queen, on advice of the Prime Minister, who is assisted by an Advisory Committee that included representative of government, industry and commerce and the trade unions. The winners of the Queen's Award were publicly announced on the Queen's birthday, April 21st.

Thermacore's Ashington UK facility was established more than 25 years ago, and now produces heat pipes, heat pipe assemblies, heat exchangers, and conducts research and development for future electronics uses in the military, power, telecom, computer and industrial markets.

Founded in 1916, with projected fiscal 2006 revenues from continuing operations of approximately $1.6 billion, Modine specializes in thermal management systems and components, bringing highly engineered heating and cooling technology and solutions to diversified global markets. Modine products are used in light, medium and heavy-duty vehicles, HVAC (heating, ventilating, air conditioning) equipment, industrial equipment, refrigeration systems, fuel cells, and electronics. Based in Racine, Wisconsin, the company has more than 8,200 employees at 34 facilities in 15 countries worldwide. For information about Modine or Thermacore, visit www.modine.com.