BELLEVUE, WA — PACCAR has reported record revenues and net income for the third quarter and first nine months of 2006.

PACCAR net earnings increased 32 percent to $403.6 million ($1.61 per diluted share) for the third quarter of 2006 compared to $304.8 million ($1.18 per diluted share) earned in the third quarter last year. Third quarter net sales and financial services revenues were a record $4.21 billion, 19 percent higher than the $3.54 billion reported for the comparable period in 2005. For the first nine months of 2006, PACCAR reported record net income of $1.12 billion ($4.43 per diluted share), a 36 percent increase compared to $820.3 million ($3.15 per diluted share) in 2005. Net sales and financial services revenues for the first nine months of 2006 increased 17 percent to a record $12.23 billion compared to $10.42 billion last year. Included in PACCAR’s net income for the first nine months of 2005 was a one-time charge of $64 million (25 cents per diluted share) for income taxes associated with the repatriation of $1.5 billion of foreign earnings.

For more information about PACCAR, go to: http://www.paccar.com.