EXHIBIT INDEX
Company Press Release September 21, 2000, titled "Max Lukens Joins Stewart &
Stevenson as New Director."
Client: Stewart & Stevenson Services, Inc.
Contacts: David Stewart, Treasurer
Stewart & Stevenson Services, Inc.
713-868-7657 / [email protected]
Ken Dennard / [email protected]
Lisa Elliott / [email protected]
Easterly Investor Relations
713-529-6600
MAX LUKENS JOINS STEWART & STEVENSON AS NEW DIRECTOR
HOUSTON, TX - September 21, 2000 - STEWART & STEVENSON SERVICES, INC.
(NASDAQ:SSSS), a leading manufacturer, and distributor of industrial and energy
related equipment; oilfield and airline ground support equipment; and a
manufacturer of medium tactical vehicles for the U.S. Army announced that Mr.
Max L. Lukens was elected as a director of the company at the meeting of the
Board of Directors held on September 12, 2000. Mr. Lukens is the former Chairman
of the Board, President and Chief Executive Officer of Baker Hughes Incorporated
in Houston, Texas. He is a director of El Paso Energy Corporation, a member of
the American Institute of Certified Public Accountants, and a director and past
President of the Children's Museum of Houston.
"We are very pleased to welcome Mr. Lukens to our Board of Directors," says
Michael L. Grimes, Stewart and Stevenson's President and Chief Executive
Officer. "His wealth of knowledge about the oil service and energy industries as
well his outstanding business acumen, will be a great asset to us as we continue
to implement our strategic initiatives."
Stewart & Stevenson Services, Inc., founded in 1902, is a billion-dollar
company that manufactures and distributes a wide range of industrial products
and diesel-powered equipment to key industries worldwide, including petroleum,
power generation, defense, airline, marine and transportation. Visit the
company's corporate Web site at http://www.ssss.com.
