- Net income increased 54% for the second quarter and 26% for the first six

                                   months

 - Net sales increased 30% for the second quarter and 23% for the first six

                                   months

 - Earnings per diluted share increased 56% for the second quarter and 27%

                          for the first six months



    MAYFIELD VILLAGE, Ohio, Aug. 7 /EMWNews/ -- Preformed Line

Products Company (Nasdaq: PLPC) today reported financial results for the

second quarter and the first six months of 2008.



    Net income for the quarter ended June 30, 2008 increased 54% to

$5,489,000, or $1.03 per diluted share, compared to $3,564,000, or $.66 per

diluted share, for the comparable period in 2007. Net income in the second

quarter of 2008 included a net gain of $495,000, or $.09 per diluted share,

on the sale of Superior Modular Products Company, a wholly owned domestic

subsidiary.



    Net sales in the second quarter of 2008 were $75,362,000, an increase

of 30% from sales of $58,072,000 in the second quarter of 2007.



    Net income for the six months ended June 30, 2008 increased 26% to

$8,439,000, or $1.57 per diluted share, compared to $6,716,000, or $1.24

per diluted share for the comparable period in 2007. Net sales increased

23% to $135,227,000 for the first six months of 2008 compared to

$110,051,000 in the first six months of 2007.



    Currency exchange rates favorably impacted sales by $3,565,000 for the

quarter and $6,623,000 for the first six months of 2008, while the impact

on net income was only $83,000 for the quarter and $202,000 for the first

six months of 2008.



    Rob Ruhlman, Chairman and Chief Executive Officer, said, "Our second

quarter performance was solid with double digit increases in sales. We are

pleased with the ongoing successful integration of our acquisitions from

last year. The sale of SMP will allow us to continue to focus on growing

our core business units. We implemented price increases in June to pass on

a portion of the cost increases we are experiencing in raw materials. The

cost increases are ongoing and we are considering additional price

increases in the third quarter. Although the world economy is experiencing

turbulence, our geographical diversity has thus far mitigated this

disturbance. This continues to be a challenge we will face for the

foreseeable future."



    Founded in 1947, Preformed Line Products is an international designer

and manufacturer of products and systems employed in the construction and

maintenance of overhead and underground networks for energy, communications

and broadband network companies.



    Preformed's world headquarters are in Cleveland, Ohio, and the Company

operates three domestic manufacturing centers located in Rogers, Arkansas,

Albuquerque, New Mexico, and Albemarle, North Carolina. The Company serves

its worldwide market through international operations in Australia, Brazil,

Canada, China, England, Mexico, New Zealand, Poland, South Africa, Spain

and Thailand.



    This news release contains "forward-looking statements" within the

meaning of Section 27A of the Securities Act of 1933 and Section 21E of the

Securities Exchange Act of 1934 regarding the Company, including those

statements regarding the Company's and management's beliefs and

expectations concerning the Company's future performance or anticipated

financial results, among others. Except for historical information, the

matters discussed in this release are forward-looking statements that

involve risks and uncertainties which may cause results to differ

materially from those set forth in those statements. Among other things,

factors that could cause actual results to differ materially from those

expressed in such forward-looking statements include the strength of the

economy and demand for the Company's products, increases in raw material

prices, the Company's ability to identify, complete and integrate

acquisitions for profitable growth, and other factors described under the

heading "Forward-Looking Statements" in the Company's 2007 Annual Report on

Form 10-K filed with the SEC on April 7, 2008. The Annual Report on Form

10-K and the Company's other filings with the SEC can be found on the SEC's

website at http://www.sec.gov. The Company assumes no obligation to update

or supplement forward-looking statements that become untrue because of

subsequent events.










                       PREFORMED LINE PRODUCTS COMPANY

                    STATEMENTS OF CONSOLIDATED OPERATIONS

                                 (UNAUDITED)





    In thousands, except per share     Three month periods  Six month periods

     data                                 ended June 30,      ended June 30,

                                          2008     2007       2008     2007

                                                (restated)          (restated)



    Net sales                            $75,362  $58,072  $135,227  $110,051

    Cost of products sold                 51,685   38,358    92,545    72,768

         GROSS PROFIT                     23,677   19,714    42,682    37,283



    Costs and expenses

       Selling                             6,186    5,861    11,760    11,054

       General and administrative          7,691    6,168    15,047    11,652

       Research and engineering            2,338    1,783     4,327     3,455

       Other operating expenses - net        233      124       143       310

       Goodwill impairment                   -        -         -         199

                                          16,448   13,936    31,277    26,670



         OPERATING INCOME                  7,229    5,778    11,405    10,613



    Other income (expense)

       Interest income                       216      254       430       541

       Interest expense                     (138)    (132)     (277)     (297)

       Other income (expense)                 22       (7)       20       (13)

                                             100      115       173       231



         INCOME BEFORE INCOME TAXES,

          MINORITY INTERESTS AND

          DISCONTINUED OPERATIONS          7,329    5,893    11,578    10,844



    Income taxes                           2,382    2,509     3,797     4,175



         INCOME BEFORE MINORITY

          INTERESTS AND DISCONTINUED

          OPERATIONS                       4,947    3,384     7,781     6,669



    Minority interests, net of tax           (78)     -        (111)      -



         INCOME FROM CONTINUING

          OPERATIONS                       4,869    3,384     7,670     6,669



    Income from discontinuing

     operations, net of tax                  620      180       769        47



         NET INCOME                       $5,489   $3,564    $8,439    $6,716



    Income per share from continued

     operations - basic                    $0.92    $0.63     $1.44     $1.25

    Income per share from discontinued

     operations - basic                    $0.12    $0.04     $0.14     $0.01

    Total net income per share - basic     $1.04    $0.67     $1.58     $1.26



    Income per share from continued

     operations - diluted                  $0.91    $0.63     $1.43     $1.23

    Income per share from discontinued

     operations - diluted                  $0.12    $0.03     $0.14     $0.01

    Total net income per share - diluted   $1.03    $0.66     $1.57     $1.24



    Cash dividends declared per share      $0.20    $0.20     $0.40     $0.40



    Weighted-average number of shares

     outstanding - basic                   5,296    5,369     5,339     5,364

    Weighted-average number of shares

     outstanding - diluted                 5,345    5,421     5,387     5,408







                       PREFORMED LINE PRODUCTS COMPANY

                         CONSOLIDATED BALANCE SHEETS

                                 (UNAUDITED)





                                                  June 30,        December 31,

    Thousands of dollars, except share              2008              2007

     data



    ASSETS

    Cash and cash equivalents                      $23,331           $23,392

    Accounts receivable, less allowances

     of $1,065 ($1,199 in 2007)                     48,275            37,002

    Inventories - net                               44,823            43,788

    Deferred income taxes                            2,976             2,982

    Prepaids and other                               6,097             4,098

    Current assets of discontinued operations          -              12,188

          TOTAL CURRENT ASSETS                     125,502           123,450



    Property and equipment - net                    63,143            58,506

    Patents and other intangibles - net              5,722             5,637

    Goodwill                                         5,063             3,928

    Deferred income taxes                            4,001             3,744

    Other assets                                     8,911             8,601



          TOTAL ASSETS                            $212,342          $203,866



    LIABILITIES AND SHAREHOLDERS' EQUITY



    Notes payable to banks                          $2,750            $4,076

    Current portion of long-term debt                1,630             1,949

    Trade accounts payable                          19,553            15,178

    Accrued compensation and amounts withheld

     from employees                                  9,150             6,995

    Accrued expenses and other liabilities          12,369            12,254

    Current liabilities of discontinued

     operations                                        -               1,897

          TOTAL CURRENT LIABILITIES                 45,452            42,349



    Long-term debt, less current portion             3,200             3,010

    Other noncurrent liabilities and deferred

     income taxes                                    8,434             7,882

    Minority interests                               1,255               904



    SHAREHOLDERS' EQUITY

    Common shares - $2 par value, 15,000,000

     shares authorized, 5,214,830 and 5,380,956

     outstanding, net of 551,059 and 378,333

     treasury shares at par, respectively           10,430            10,762

    Paid in capital                                  3,012             2,720

    Retained earnings                              139,547           140,339

    Accumulated other comprehensive income (loss)    1,012            (4,100)

          TOTAL SHAREHOLDERS' EQUITY               154,001           149,721



          TOTAL LIABILITIES AND SHAREHOLDERS'

           EQUITY                                 $212,342          $203,866