RELEASE ON RECEIPT

NAPLES, FL. -- The Conveyor Equipment Manufacturers Association reported that its July 2003 Booked Orders Index was 114 up 2 points or an increase of 2% from June 2003's Index of 112 (1990=100). The July 2003 Index represents a decrease of 2% from the July 2002 Index of 116.

July Booked Orders Indexes were 106 for Bulk Handling Equipment* and 113 for Unit Handling Equipment*(1990=100).

The Twelve-Month Index for Booked Orders was 134 in July. Index represents no change from June 2003's Twelve-Month Index of 134.

The CEMA Billed Sales (shipments) Index was 168 in July down 9 points or a decrease of 5% from the June Index of 177. The July 2003 Index represents a decrease of 8% from the July 2002 Index of 183.

July Billed Sales Indexes were 105 for Bulk Handling Equipment* and 159 for Unit Handling Equipment*(1990=100).

The Twelve-Month Index for Billed Sales was 168 in July. Index represents a decrease of 1% from June 2003's Twelve-Month Index of 169.