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Fedders Announces Date for Third Quarter Results Conference Call

CONTACT:
Robert Laurent, Jr.
(908) 604-8686
investorrelations@fedders.com

LIBERTY CORNER, New Jersey -- October 31, 2006 -- Fedders Corporation (NYSE: FJC), a leading global manufacturer of air treatment products, including air conditioners, furnaces, air cleaners, dehumidifiers and humidifiers for residential, commercial and industrial markets today announced that it has scheduled a conference call for Thursday, November 9 at 10:00 AM (EST) to discuss the third quarter results. All interested parties are invited to listen to Michael Giordano, chief executive officer and Bob Laurent, chief financial officer, comment on the company's operating results.

To listen, please call the conference call line at 866/274-4335 or 706/634-8533 ten minutes prior to the scheduled start time and use Conference ID #1261617. The number of connections for this call is limited.

If you are unable to participate in the conference call, a replay will be available from 2:00 PM on November 9 through November 19, 2006 by dialing 800/642-1687 or 706/645-9291, Conference ID #1261617

For more information on Fedders Corporation, visit the company's website at http://www.fedders.com.

This news release may include forward-looking statements that are covered under the "Safe-Harbor" clause of the Private Securities Litigation Reform Act of 1995. Such statements are based upon current expectations and assumptions. Actual results could differ materially from those currently anticipated as a result of known and unknown risks and uncertainties including, but not limited to, weather and economic, political, market and industry conditions and reliance on key customers. Such factors are described in Fedders' SEC filings, including its most recently filed annual report on Form 10-K. The company disclaims any obligation to update any forward-looking statements to incorporate developments occurring after release of this announcement. Visit the Fedders investor information website at www.fedders.com to access additional information on Fedders.

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Fedders Corporation of Liberty Corner, N.J., provides air conditioning and other air treatment products for commercial and residential applications to markets worldwide. Product lines include residential central air conditioning systems, including condensing units, air handlers, gas furnaces, air cleaners, and humidifiers, as well as rooftop, vertical and horizontal packaged air conditioners and heat pumps for commercial, residential and telecommunications applications and also, appliance air treatment products.