News Release

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Lennox International Reports Solid Second Quarter 2007 Results
    - Diluted earnings per share, adjusted, of $0.87; GAAP of $0.85

    - Three of the four business segments exceed expectations

    - Residential markets soft for remainder of the year; revised full year
      outlook

    - Lennox International to open new manufacturing operation in Mexico

    - Announced new $500 million share repurchase plan; to be completed by end
      of 3Q08

DALLAS, July 25 /PRNewswire-FirstCall/ -- Lennox International Inc. (NYSE: LII) today reported solid financial results for the second quarter of 2007.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020304/DAM053LOGO )

Revenue for the second quarter was $1,042 million, up 3% year over year. Reported diluted earnings per share on an adjusted basis, a non-GAAP measure, were $0.87 versus $0.77 in the year ago quarter. Diluted earnings per share on a GAAP basis were $0.85 compared to $0.91 in the year ago quarter.

"We had a solid quarter, with adjusted diluted earnings per share up 13% over last year," said Todd Bluedorn, LII CEO. "Three of our four businesses had both strong top and bottom line growth, exceeding our expectations. Through a continued focus on cost discipline, our residential business performed well operationally despite being adversely impacted by the weak housing market and cooler weather.

"We expect continued good performance in the back half of the year from our Commercial, Refrigeration, and Service Experts businesses, but we expect softness in the residential market to last longer than we anticipated. As a result, we are taking appropriate actions to adjust our full year GAAP guidance downward from $2.50 - $2.60, to $2.40 to $2.50, or growth of 6% to 11% when compared with 2006 GAAP earnings of $2.26."

(Note: See attached schedules for full financial details, reconciliations of non-GAAP financial measures, and a description of adjusting items.)

FINANCIAL HIGHLIGHTS

Revenue: Second quarter revenue was $1,042 million, an increase of 3% from $1,013 million in the year ago quarter.

Gross Profit: Gross profit for the second quarter 2007 was $289 million compared to $270 million in the year ago quarter, year over year growth of 7%.

Net Income: For the second quarter of 2007, adjusted net income was $62 million, or $0.87 diluted earnings per share, compared to $58 million, or $0.77 diluted earnings per share in the second quarter of 2006. On a GAAP basis, second quarter of 2007 net income was $60 million, or $0.85 diluted earnings per share, compared to $68 million, or $0.91 diluted earnings per share in the year ago quarter.

Excluded from adjusted net income for the second quarter of 2007 are net adjustments of $2 million (after tax), which includes $4 million from the elimination of an executive position, $1 million from the completion of the facility consolidation in South Carolina and a ($3) million income tax benefit from a change in estimated gain from prior year.

Free Cash Flow and Total Debt: Cash generated from operations was $70 million and the company invested $15 million in capital expenditures, resulting in free cash flow of $55 million for the second quarter of 2007. Total debt as of June 30, 2007 was $178 million resulting in a total debt-to- capital ratio of 17%. During the quarter, the company purchased 850,000 shares of LII stock using $29 million of cash.

The company is committed to improving shareholder returns through a balanced and disciplined approach to investing cash. LII today announced its board of directors has approved a new share repurchase plan for $500 million to be completed by the end of third quarter 2008. Based on the closing price on July 24, 2007, a $500 million repurchase would represent over 20% of the company's market capitalization. (See company release dated July 25, 2007, "Lennox International announces new $500 million share repurchase plan; to be completed by the end of third quarter 2008")

BUSINESS SEGMENT HIGHLIGHTS

Residential Heating and Cooling

Second quarter 2007 revenue from the Residential Heating and Cooling business segment was $498 million, a decrease of 8% from $543 million in the year ago quarter. Segment profit was $60 million resulting in a segment profit margin of 12%, compared to $73 million and a segment profit margin of 13% in the year ago quarter. These results reflect the softness in the residential new construction market and unseasonable weather. In particular, the Hearth Products business is more exposed to residential new construction and was disproportionately impacted. Cost reduction initiatives resulted in lower SG&A and other operating expenses.

The company recently announced plans to open a new 300,000 sq. ft. low cost operation in Saltillo, Mexico to manufacture some of its residential heating and cooling products. The projected capital commitment is approximately $45 million over three years and is expected to lead to cost reductions of over $13 million by 2009, increasing to over $20 million per annum by 2010. (See press release dated July 20, 2007, "Lennox International opens new manufacturing operation in Mexico")

Commercial Heating and Cooling

The Commercial Heating and Cooling business segment had strong year over year revenue growth of 24%, from $188 million for the second quarter of 2006 to $233 million for the second quarter of 2007. Segment profit grew 56% to $30 million for the second quarter of 2007 from $19 million for the year ago quarter. Second quarter 2007 segment profit margin increased 300 bps to 13% from 10% for the year ago quarter. Year over year growth was fueled by increased demand in international markets, a favorable product mix shift in North America, and benefits realized from certain cost saving.

Service Experts

Revenue in the Service Experts business segment increased $6 million, or 4%, to $184 million for the second quarter 2007 from $178 million for the year ago quarter. Segment profit increased to $13 million for the second quarter of 2007 from $9 million for the second quarter of 2006. Segment profit margin increased 200 bps to 7% for the second quarter of 2007 from 5% for the second quarter of 2006. The improvement in revenue and segment profit was primarily driven by a change in product mix, an increase in sales volumes, and cost reduction efforts.

Refrigeration

Revenue in the Refrigeration business segment grew 16% to $151 million from $131 million for the second quarter of 2007 compared to the second quarter of 2006. Sales improved across the segment from a combination of increased unit volumes and price. Favorable market conditions in Australia and Europe, along with market growth in South America, provided for increased unit volumes. Segment profit increased to $16 million from $14 million in the year ago quarter. Segment profit margin remained relatively flat at 11%. While the Refrigeration business segment decreased expenses as a result of cost saving initiatives, the business segment incurred incremental expenses associated with expanding international operations, including strategic growth initiatives in Asia.

FULL YEAR OUTLOOK

Revised Guidance: Revenue growth range of 2% to 4%. Full year, diluted GAAP earnings per share of $2.40 to $2.50.

Previous Guidance: Revenue growth range of 6% to 8%. Full year, diluted GAAP earnings per share of $2.50 to $2.60.

CONFERENCE CALL INFORMATION

A conference call to discuss the company's second quarter results will be held this morning at 9:30 a.m. (CDT). To listen, please call the conference call line at 612-332-0335 ten minutes prior to the scheduled start time and use reservation number 880641. This conference call will also be webcast on Lennox International's web site at http://www.lennoxinternational.com.

If you are unable to participate in this conference call, a replay will be available from 2:45 p.m. (Central) July 25, 2007 through August 1, 2007 by dialing 800-475-6701 (USA) or 320-365-3844 (International) using access code 880641. This call will also be archived on the company's web site.

Lennox International Inc. is a global leader in the heating, air conditioning, and refrigeration markets. Lennox International stock is traded on the New York Stock Exchange under the symbol "LII." Additional information is available at: http://www.lennoxinternational.com or by contacting Karen Fugate, vice president, investor relations, at 972-497-6670.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties including the impact of higher raw material prices, LII's ability to implement price increases for its products and services, and the impact of unfavorable weather and a decline in new construction activity on the demand for products and services that could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see LII's publicly available filings with the Securities and Exchange Commission. LII disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



                     LENNOX INTERNATIONAL INC. AND SUBSIDIARIES

                      CONSOLIDATED STATEMENTS OF OPERATIONS
         For the Three Months and Six Months Ended June 30, 2007 and 2006
                 (Unaudited, in millions, except per share data)

                                        For the               For the
                                   Three Months Ended     Six Months Ended
                                        June 30,              June 30,
                                    2007       2006       2007       2006

    NET SALES                     $1,041.8   $1,012.9   $1,833.3   $1,821.4
    COST OF GOODS SOLD               752.7      742.6    1,339.6    1,342.0
         Gross profit                289.1      270.3      493.7      479.4
    OPERATING EXPENSES:
      Selling, general and
       administrative expenses       197.3      201.2      388.4      389.1
      (Gains), losses and
       other expenses, net            (3.3)     (27.2)      (4.0)     (44.3)
      Restructuring charges            7.6        2.3        9.9        8.6
      Equity in earnings of
       unconsolidated affiliates      (3.5)      (2.9)      (6.2)      (5.0)
         Operational income           91.0       96.9      105.6      131.0
    INTEREST EXPENSE, net              2.0        1.8        2.9        2.4
    OTHER EXPENSE (INCOME), NET        0.1         --        0.1         --
        Income before income taxes    88.9       95.1      102.6      128.6
    PROVISION FOR INCOME TAXES        28.6       26.8       33.7       39.3
        Net income                   $60.3      $68.3      $68.9      $89.3

    NET INCOME PER SHARE:
      Basic                          $0.89      $0.96      $1.02      $1.25
      Diluted                        $0.85      $0.91      $0.97      $1.18

    AVERAGE SHARES OUTSTANDING:
      Basic                           68.0       71.5       67.7       71.4
      Diluted                         71.2       75.2       71.1       75.4

    CASH DIVIDENDS DECLARED
     PER SHARE                       $0.13      $0.11      $0.26      $0.22



                    LENNOX INTERNATIONAL INC. AND SUBSIDIARIES

                      SEGMENT REVENUES AND OPERATING PROFIT
         For the Three Months and Six Months Ended June 30, 2007 and 2006
                             (Unaudited, in millions)

                                         For the               For the
                                   Three Months Ended     Six Months Ended
                                        June 30,              June 30,
                                     2007      2006       2007       2006
    Net Sales
      Residential Heating
       & Cooling                    $497.9     $542.5     $859.1     $961.8
      Commercial Heating
       & Cooling                     232.8      187.8      395.5      326.1
      Service Experts                184.2      177.8      328.0      318.8
      Refrigeration                  151.3      130.8      292.5      257.3
      Eliminations (A)               (24.4)     (26.0)     (41.8)     (42.6)
                                  $1,041.8   $1,012.9   $1,833.3   $1,821.4

    Segment Profit (Loss) (B)
      Residential Heating
       & Cooling                     $59.6      $73.0      $79.5     $115.2
      Commercial Heating
       & Cooling                      30.2       19.3       38.8       27.5
      Service Experts                 13.0        9.2        9.2        2.7
      Refrigeration                   16.3       14.3       28.8       26.3
      Corporate and other            (20.1)     (20.5)     (40.7)     (45.1)
      Eliminations (A)                  --       (0.4)      (0.2)      (0.3)
        Subtotal that includes
         segment profit and
         eliminations                 99.0       94.9      115.4      126.3
    Reconciliation to income
     before income taxes:
      (Gains), losses and other
        expenses, net                 (3.3)     (27.2)      (4.0)     (44.3)
      Restructuring charges            7.6        2.3        9.9        8.6
      Interest expense, net            2.0        1.8        2.9        2.4
      Other expense (income), net      0.1         --        0.1         --
      Less: Realized gains on
       settled futures contracts
       not designated as cash
       flow hedges (C)                 1.2       22.9        1.7       32.0
      Less: Foreign currency
       exchange gains (losses) (C)     2.5         --        2.2       (1.0)
                                     $88.9      $95.1     $102.6     $128.6

    (A) Eliminations consist of intercompany sales between business segments,
        such as products sold to Service Experts by the Residential Heating &
        Cooling segment.

    (B) The Company defines segment profit (loss) as a segment's income (loss)
        from continuing operations before income taxes included in the
        accompanying Consolidated Statements of Operations; excluding (gains),
        losses and other expenses, net; restructuring charges; goodwill
        impairment; interest expense, net; and other expense (income), net;
        less (plus) realized gains (losses) on settled futures contracts not
        designated as cash flow hedges and foreign currency exchange gains
        (losses).

    (C) Realized gains (losses) on settled futures contracts not designated as
        cash flow hedges and foreign currency gains (losses) are a component
        of (Gains), Losses and Other Expenses, net in the accompanying
        Consolidated Statements of Operations.



                    LENNOX INTERNATIONAL INC. AND SUBSIDIARIES

                           CONSOLIDATED BALANCE SHEETS
                    As of June 30, 2007 and December 31, 2006
                  (In millions, except share and per share data)

                                                   June 30,     December 31,
                                                     2007           2006
                                                  (unaudited)
                               ASSETS
    CURRENT ASSETS:
      Cash and cash equivalents                       $120.1         $144.3
      Short-term investments                            23.9             --
      Accounts and notes receivable, net               637.2          502.6
      Inventories                                      377.9          305.5
      Deferred income taxes                             20.2           22.2
      Other assets                                      52.4           43.8
        Total current assets                         1,231.7        1,018.4
    PROPERTY, PLANT AND EQUIPMENT, net                 294.7          288.2
    GOODWILL, net                                      252.3          239.8
    DEFERRED INCOME TAXES                              105.8          104.3
    OTHER ASSETS                                        76.3           69.1
        TOTAL ASSETS                                $1,960.8       $1,719.8

               LIABILITIES AND STOCKHOLDERS' EQUITY
    CURRENT LIABILITIES:
      Short-term debt                                   $5.0           $1.0
      Current maturities of long-term debt              11.3           11.4
      Accounts payable                                 381.0          278.6
      Accrued expenses                                 314.5          326.3
      Income taxes payable                              15.2           33.8
          Total current liabilities                    727.0          651.1
    LONG-TERM DEBT                                     161.8           96.8
    POSTRETIREMENT BENEFITS, OTHER THAN PENSIONS        12.3           12.9
    PENSIONS                                            51.3           49.6
    OTHER LIABILITIES                                  117.2          105.0
          Total liabilities                          1,069.6          915.4

    COMMITMENTS AND CONTINGENCIES
    STOCKHOLDERS' EQUITY:
      Preferred stock, $.01 par value, 25,000,000
       shares authorized, no shares issued or
      outstanding                                         --             --
      Common stock, $.01 par value, 200,000,000
       shares authorized, 78,797,443 shares and
       76,974,791 shares issued for 2007 and 2006,
       respectively                                      0.8            0.8
      Additional paid-in capital                       747.7          706.6
      Retained earnings                                365.0          312.5
      Accumulated other comprehensive income (loss)     33.7           (5.1)
      Treasury stock, at cost, 11,142,647 shares
       and 9,818,904 for 2007 and 2006,
       respectively                                   (256.0)        (210.4)
        Total stockholders' equity                     891.2          804.4
        TOTAL LIABILITIES AND STOCKHOLDERS'
         EQUITY                                     $1,960.8       $1,719.8



                    LENNOX INTERNATIONAL INC. AND SUBSIDIARIES

                           Reconciliation to U.S. GAAP
               (Generally Accepted Accounting Principles) Measures
            (Unaudited, in millions, except per share and ratio data)

    Reconciliation of Net Income to Adjusted Net Income

                           For the Three Months Ended June 30, 2007

                               Net Change in
                                Unrealized               Change in
                                Losses on                Estimated
                               Open Futures              Tax Gain
                                Contracts                 from
                        As      and Other  Restructuring  Prior       As
                     Reported  Items, Net    Charges      Year     Adjusted

    NET SALES        $1,041.8       $--        $--         $--    $1,041.8
    COST OF GOODS
     SOLD               752.7        --         --          --       752.7
        Gross profit    289.1        --         --          --       289.1
    OPERATING EXPENSES:
      Selling,
       general and
       administrative
       expenses         197.3        --         --          --       197.3
      (Gains), losses
       and other
       expenses,
       net(1)            (3.3)     (0.4)        --          --        (3.7)
      Restructuring
       charges            7.6        --       (7.6)         --          --
      Equity in
       earnings of
       unconsolidated
       affiliates        (3.5)       --         --          --        (3.5)
        Operational
         income          91.0       0.4        7.6          --        99.0
    INTEREST
     EXPENSE, net         2.0        --         --          --         2.0
        OTHER EXPENSE
         (INCOME), NET    0.1        --         --          --         0.1
        Income before
         income taxes    88.9       0.4        7.6          --        96.9
    PROVISION FOR
     INCOME TAXES        28.6       0.1        2.8         3.2        34.7
          Net income
           (loss)       $60.3      $0.3       $4.8       $(3.2)      $62.2

    NET INCOME (LOSS)
     PER SHARE -
      DILUTED           $0.85       $--      $0.07      $(0.05)      $0.87

    Note:  Management uses adjusted net income, which is not defined by U.S.
    GAAP, to measure the Company's operating performance and to analyze year-
    over-year changes in operating income with and without the effects of
    certain (gains), losses and other expenses, net, restructuring charges,
    and certain income tax items.  Management believes that excluding these
    effects is helpful in assessing the overall performance of the Company.

    (1) (Gains), losses and other expenses, net include the following:


                                  For the Three Months Ended June 30, 2007

                                     Pre-tax    Tax (Benefit)  After-tax
                                   (Gain) Loss    Provision   (Gain) Loss
    Realized gains on settled
     futures contracts                $(1.2)         $0.5        $(0.7)
    Net change in unrealized
     losses on open futures
     contracts                          0.3          (0.1)         0.2
    Foreign currency exchange gain     (2.5)          0.8         (1.7)
    Other items, net                    0.1            --          0.1
    (Gains), losses and other
     expenses, net                    $(3.3)         $1.2        $(2.1)



                             For the Three Months Ended June 30, 2006

                                                        Reversal
                             Net Change in            of Valuation
                               Unrealized              Allowance
                                Gains on              for Deferred
                                  Open                     Tax
                        As      Futures  Restructuring   Assets,     As
                     Reported  Contracts    Charges        Net    Adjusted

    NET SALES        $1,012.9       $--        $--         $--    $1,012.9
    COST OF GOODS
     SOLD               742.6        --         --          --       742.6
        Gross profit    270.3        --         --          --       270.3
    OPERATING EXPENSES:
      Selling,
       general and
       administrative
       expenses         201.2        --         --          --       201.2
      (Gains), losses
       and other
       expenses,
       net(2)           (27.2)      4.3         --          --       (22.9)
      Restructuring
       charges            2.3        --       (2.3)         --          --
      Equity in
       earnings of
       unconsolidated
       affiliates        (2.9)       --         --          --        (2.9)
        Operational
         income (loss)   96.9      (4.3)       2.3          --        94.9
    INTEREST
     EXPENSE, net         1.8        --         --          --         1.8
        Income (loss)
         before income
         taxes           95.1      (4.3)       2.3          --        93.1
    PROVISION FOR
     (BENEFIT FROM)
     INCOME TAXES        26.8      (1.7)       0.8         9.1        35.0
        Net income
         (loss)         $68.3     $(2.6)      $1.5       $(9.1)      $58.1

    NET INCOME (LOSS)
     PER SHARE -
     DILUTED            $0.91    $(0.04)     $0.02      $(0.12)      $0.77

    (2) (Gains), losses and other expenses, net include the following:


                                  For the Three Months Ended June 30, 2006

                                                       Tax      After-tax
                                    Pre-tax Gain    Provision      Gain
    Realized gains on settled
     futures contracts                 $(22.9)        $8.6       $(14.3)
    Net change in unrealized
     gains on open futures
     contracts                           (4.3)         1.7         (2.6)
    (Gains), losses and other
     expenses, net                     $(27.2)       $10.3       $(16.9)


                             For the Six Months Ended June 30, 2007

                              Net Change in               Change in
                                Unrealized                Estimated
                              Gains on Open               Tax Gain
                             Futures Contracts              from
                        As      and Other   Restructuring   Prior      As
                     Reported   Items, Net    Charges       Year    Adjusted

    NET SALES        $1,833.3      $--         $--          $--   $ 1,833.3
    COST OF GOODS
     SOLD             1,339.6       --          --           --     1,339.6
        Gross profit    493.7       --          --           --       493.7
    OPERATING EXPENSES:
      Selling,
       general and
       administrative
       expenses         388.4       --          --           --       388.4
      (Gains), losses
       and other
       expenses,
       net(3)            (4.0)      0.1         --           --        (3.9)
      Restructuring
       charges            9.9       --        (9.9)          --          --
      Equity in
       earnings of
       unconsolidated
       affiliates        (6.2)      --          --           --        (6.2)
        Operational
         income (loss)  105.6     (0.1)        9.9           --       115.4
    INTEREST
     EXPENSE, net         2.9       --          --           --         2.9
    OTHER EXPENSE
     (INCOME), NET        0.1       --          --           --         0.1
        Income (loss)
         before income
         taxes          102.6     (0.1)        9.9           --       112.4
    PROVISION FOR
     INCOME TAXES        33.7       --         3.6          3.2        40.5
          Net income
           (loss)       $68.9    $(0.1)       $6.3        $(3.2)      $71.9

    NET INCOME (LOSS)
     PER SHARE -
     DILUTED            $0.97      $--       $0.09       $(0.05)      $1.01

    (3) (Gains), losses and other expenses, net include the following:


                                      For the Six Months Ended June 30, 2007

                                       Pre-tax        Tax       After-tax
                                     (Gain) Loss   Provision   (Gain) Loss
    Realized gains on settled
     futures contracts                 $(1.7)         $0.6        $(1.1)
    Net change in unrealized
     gains on open futures
     contracts                          (0.3)          0.1         (0.2)
    Foreign currency exchange gain      (2.2)          0.8         (1.4)
    Other items, net                     0.2          (0.1)         0.1
    (Gains), losses and other
     expenses, net                     $(4.0)         $1.4        $(2.6)



                           For the Six Months Ended June 30, 2006

                                                       Reversal of
                             Net Change in             Valuation
                              Unrealized               Allowance
                                 Gains                for Deferred
                                on Open                    Tax
                        As      Futures   Restructuring   Assets,   As
                     Reported  Contracts     Charges       Net    Adjusted

    NET SALES        $1,821.4      $--         $--         $--    $1,821.4
    COST OF GOODS
     SOLD             1,342.0       --          --          --     1,342.0
         Gross profit   479.4       --          --          --       479.4
    OPERATING EXPENSES:
      Selling,
       general and
       administrative
       expenses         389.1       --          --          --       389.1
      (Gains), losses
       and other
       expenses,
       net(4)           (44.3)    13.2          --          --       (31.1)
      Restructuring
       charges            8.6       --        (8.6)         --          --
      Equity in
       earnings of
       unconsolidated
       affiliates        (5.0)      --          --          --        (5.0)
        Operational
         income (loss)  131.0    (13.2)        8.6          --       126.4
    INTEREST EXPENSE,
     net                  2.4       --          --          --         2.4
    Income (loss)
     before income
     taxes              128.6    (13.2)        8.6          --       124.0
    PROVISION FOR
     (BENEFIT FROM)
     INCOME TAXES        39.3     (4.9)        3.0         9.1        46.5
        Net income
         (loss)         $89.3    $(8.3)       $5.6       $(9.1)      $77.5

    NET INCOME (LOSS)
     PER SHARE -
     DILUTED            $1.18   $(0.10)      $0.07      $(0.12)      $1.03

    (4) (Gains), losses and other expenses, net include the following:


                                    For the Six Months Ended June 30, 2006

                                     Pre-tax    Tax (Benefit)    After-tax
                                   (Gain) Loss    Provision     (Gain) Loss
    Realized gains on settled
     futures contracts                $(32.1)        $12.0        $(20.1)
    Net change in unrealized
     gains on open futures contracts   (13.2)          4.9          (8.3)
    Foreign currency exchange loss       1.0          (0.3)          0.7
    (Gains), losses and other
     expenses, net                    $(44.3)        $16.6        $(27.7)



    Free Cash Flow

                                            For the            For the
                                       Three Months Ended  Six Months Ended
                                         June 30, 2007      June 30, 2007
    Net cash provided by (used in)
     operating activities                    $69.8              $(5.3)
    Purchase of property, plant
     and equipment                           (15.1)             (25.0)
    Free cash flow                           $54.7             $(30.3)


    Operational Working Capital

                                           June 30,               June 30,
                                             2007                   2006
                               June 30,    Trailing   June 30,    Trailing
                                 2007     12 Mo. Avg.   2006    12 Mo. Avg.

    Accounts and Notes
     Receivable, Net           $637.2                 $611.0
      Allowance for Doubtful
       Accounts                  18.4                   18.4
    Accounts and Notes
     Receivable, Gross          655.6      $570.2      629.4      $552.4

    Inventories                 377.9                  348.4
      Excess of current Cost
      Over Last-in, First-out    73.9                   58.7
    Inventories as Adjusted     451.8       430.6      407.1       351.8

    Accounts Payable           (381.0)     (341.6)    (353.3)     (323.1)

    Operating Working
     Capital (a)                726.4       659.2      683.2       581.1

    Net Sales, Trailing
     Twelve Months (b)        3,727.3     3,727.3    3,641.1     3,641.1

    Operational Working
     Capital Ratio (a/b)         19.5%       17.7%      18.8%       16.0%


    Note: Management uses free cash flow and operational working capital,
    which are not defined by U.S. GAAP, to measure the Company's operating
    performance. Free cash flow and operational working capital are also two
    of several measures used to determine incentive compensation for certain
    employees.

SOURCE  Lennox International Inc.
    -0-                             07/25/2007
    /CONTACT:  Karen Fugate, vice president, investor relations, of Lennox
International Inc.at 972-497-6670.  /
    /Photo:  NewsCom:  http://www.newscom.com/cgi-bin/prnh/20020304/DAM053LOGO
             AP Archive:  http://photoarchive.ap.org
             PRN Photo Desk, photodesk@prnewswire.com /
    /Web site:  http://www.lennoxinternational.com /
    (LII)

CO:  Lennox International Inc.
ST:  Texas
IN:  MAC HOU
SU:  ERN ERP CCA

CM
-- LAW049 --
9699 07/25/2007 08:30 EDT http://www.prnewswire.com