Providence, Rhode Island - September 24, 2002 - Textron Inc. (NYSE: TXT) will release its third quarter 2002 financial results on Thursday morning, October 17, 2002.

The company will host a conference call at 10:00 a.m. Eastern time which will be available via webcast at www.textron.com or by direct dial at (888) 428-4473 in the U.S. or (612) 288-0329 outside of the U.S. (request the Textron Earnings Conference).

The call will be recorded and available for playback beginning at 1:30 p.m. Eastern time on Thursday, October 17th by dialing
(320) 365-3844 - Access Code: 639113. The recording will be available until midnight on October 24, 2002.

Textron Inc. is a $12 billion multi-industry company with more than 51,000 employees in 40 countries. The company leverages its global network of businesses to provide customers with innovative solutions and services in industries such as aircraft, fastening systems, industrial products, industrial components and finance. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.