Toromont to Announce Second Quarter 2008 Results on July 22

TORONTO, ONTARIO–(EMWNews – July 16, 2008) – Toromont Industries Ltd. (TSX:TIH) will release its second quarter 2008 financial results on the afternoon of Tuesday, July 22, 2008.

Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio Webcast on Wednesday, July 23, 2008, at 8:30 a.m. (ET) to discuss the second quarter 2008 financial results and operating highlights.

To participate, please call 1-877-888-3490 or 416-641-6141 (Toronto area). Please dial in 10 minutes prior to the start of the call. No passcode is required. A live audio webcast of the teleconference will also be available on Toromont’s Web site at www.toromont.com.

The conference will begin with a brief address by Paul R. Jewer, Vice President Finance and Chief Financial Officer of Toromont Industries Ltd., followed by a question and answer period for investment analysts.

A replay of the teleconference will be available after the conclusion of the call until midnight, August 6, 2008. Please call 1-800-408-3053 or 416-695-5800 (Toronto area) and enter passcode 3266078.

About Toromont

Toromont Industries Ltd. operates through two business segments: The Equipment Group and the Compression Group. The Equipment Group includes one of the world’s largest Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations. The Compression Group is a North American leader specializing in the design, engineering, fabrication, and installation of compression systems for natural gas, coal bed methane, fuel gas and carbon dioxide in addition to process systems and industrial and recreational refrigeration systems. Both Groups offer comprehensive product support capabilities. Toromont employs approximately 4,500 people in more than 130 locations. This press release and more information about Toromont Industries can be found on the Web at www.toromont.com.