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Woodward Name Change Approved; NASDAQ Trading Symbol to Change

January 26, 2011

FORT COLLINS, CO--(Marketwire - January 26, 2011) - Woodward Governor Company (NASDAQ: WGOV) announced today that the company's stockholders approved a change in the company name from "Woodward Governor Company" to "Woodward, Inc." at the company's annual meeting of stockholders. Following this approval, Woodward filed an amendment with the Delaware Secretary of State to effect the name change.

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