SUSAN RUTT NAMED E-Z-GO VICE PRESIDENT - ENGINEERING

   E-Z-GO Textron recently announced that Susan Rutt has been named Vice President - Engineering. She will be responsible for Current and Future Product Engineering and Research & Development.

   She has 24 years of automotive engineering experience and joins E-Z-GO from Valeo where she was Branch Research & Development Director for Motors and Actuators. Rutt holds a BS in Electrical Engineering from the University of Dayton and an MS in Electrical Engineering from the University of California at Berkley.

   "Susan comes to E-Z-GO with a strong background in product development and will be a valuable addition to our team as we bring the next generation of E-Z-GO vehicles to market," said E-Z-GO President, John Garrison. "We are pleased to have someone with Susan's automotive and management experience leading our engineering group."

   E-Z-GO Textron manufactures the #1 selling golf car in the world. E-Z-GO is also a leading provider of industrial, turf and utility vehicles for a variety of applications and industries.

   Textron Inc. (NYSE: TXT) is an $11 billion multi-industry company with 49,000 employees in 40 countries. The company leverages its global network of business to provide customers with innovative solutions and services in industries such as aircraft, fastening systems, industrial products and components and finance. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others.

More information is available at www.textron.com and www.ezgo.com.

August 26, 2003



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