Actuant (ATU)

Employees

At August 31, 2008, we employed approximately 7,500 people. Our employees are not subject to any collective bargaining agreements with the exception of approximately 200 U.S. production employees and employees covered by government-mandated collective labor agreements in some international locations. We believe working relationships with our employees are good.

Employees

FACE="Times New Roman" SIZE="2">At August 31, 2008, we employed approximately 7,500 people. Our employees are not subject to any collective bargaining agreements with the exception of approximately 200 U.S. production employees and employees
covered by government-mandated collective labor agreements in some international locations. We believe working relationships with our employees are good.

SIZE="2">Environmental Matters

Our operations, like those of all industrial businesses, are subject to federal, state, local and
foreign laws and regulations relating to the protection of the environment, including those regulating discharges of hazardous materials into the air and water, the storage and disposal of such materials and the clean-up of soil and groundwater
contamination. Pursuant to certain environmental laws, a current or prior owner or operator of a site may be liable for the cost of an investigation and any remediation of contamination, and persons who arrange for disposal or treatment of hazardous
materials may be liable for such costs at a disposal or treatment site, whether or not the person owned or operated it. These laws impose strict, and under certain circumstances, joint and several liability.

Employees

At August 31, 2007, we employed approximately 7,400 people. Our employees are not subject to any collective bargaining agreements with the exception of approximately 200 domestic production employees and employees covered by government-mandated collective labor agreements in some international locations. We believe working relationships with our employees are good.

Employees

At August 31, 2006, we employed approximately 6,300 people. Our employees are not subject to any collective bargaining agreements with the exception of approximately 200 production employees and employees covered by government-mandated collective labor agreements in some international locations. We believe we enjoy good working relationships with our employees.

7

Employees

At August 31, 2006, we employed approximately 6,300 people. Our employees are not subject to any collective bargaining agreements with the exception of approximately 200 production employees and employees covered by government-mandated collective labor agreements in some international locations. We believe we enjoy good working relationships with our employees.

6

Table of Contents

Employees

At August 31, 2005, we employed approximately 5,850 people. Our employees are not subject to any collective bargaining agreements with the exception of approximately 185 production employees and employees covered by government-mandated collective labor agreements in some international locations. We believe we enjoy good working relationships with our employees.