Exhibit 99.1

[JLG LOGO]                                                         PRESS RELEASE
                                                           FOR IMMEDIATE RELEASE

JLG INDUSTRIES, INC.
1 JLG Drive
McConnellsburg, PA 17233-9533
Telephone (717) 485-5161                                   CONTACT: JUNA ROWLAND
Fax (717) 485-6417                     DIRECTOR - CORPORATE & INVESTOR RELATIONS
www.jlg.com                                           (240) 313-1816, ir@jlg.com



                       JLG DISCLOSES INFORMAL SEC INQUIRY

         MCCONNELLSBURG, PA, FEBRUARY 27, 2004 - JLG Industries, Inc. (NYSE:
JLG) today announced that it has received notification that the Securities and
Exchange Commission ("SEC") has begun an informal inquiry relating to accounting
and financial reporting in connection with the Company's previously announced
restatement of its audited financial statements for the fiscal year ended July
31, 2003 and possibly for the first fiscal quarter ended October 31, 2003. The
notification advises that the existence of the inquiry should not be construed
as an expression or opinion of the SEC that any violation of law has occurred,
nor should it reflect adversely on the character or reliability of any person or
entity or on the merits of the Company's securities.

      JLG Industries, Inc. is the world's leading producer of access equipment
and highway-speed telescopic hydraulic excavators. The Company's diverse product
portfolio encompasses leading brands such as JLG(R) aerial work platforms,
JLG(R), SkyTrak(R), Lull(R) and Gradall(R) telehandlers; Gradall excavators, and
an array of complementary accessories that increase the versatility and
efficiency of these products for end users. JLG markets its products and
services through a multi-channel network that includes a highly trained and
skilled direct sales force, direct marketing, the Internet, integrated supply
programs and a network of distributors. In addition, JLG offers world-class
after-sales service and support for its customers in the industrial, commercial,
institutional and construction markets. JLG's manufacturing facilities are
located in the United States and Belgium, with sales and service locations on
six continents.

      This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements are not guarantees of future performance, and involve a number of
risks and uncertainties that could cause actual results to differ materially
from those indicated by the forward-looking statements. Important factors that
could cause actual results to differ materially from those suggested by the
forward-looking statements include, but are not limited to, the following: (i)
general economic and market conditions, including political and economic
uncertainty in areas of the world where we do business; (ii) varying and
seasonal levels of demand for our products and services; (iii) limitations on
customer access to credit for purchases; (iv) credit risks from our financing of
customer purchases; and (v) costs of raw materials and energy, as well as other
risks as detailed in the Company's SEC reports, including the report on Form
10-Q for the quarter ended October 31, 2003.

                    For more information, visit www.jlg.com.

   NOTE: Information contained on our website is not incorporated by reference
                            into this press release.