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Net sales for the quarter were $501.4 million, a 12 percent increase over net sales of $447.7 million in the same period last year. Net income for the quarter was $26.1 million compared to $19.4 million in the fourth quarter last year, an increase of 35%. Earnings per diluted share were $0.76, compared to $0.58 a year ago.

For the fiscal year ended June 30, 2002, net sales were $1.826 billion, a 6 percent increase above last year's net sales of $1.717 billion. Net income totaled $57.5 million and earnings per diluted share were $1.70. In the prior fiscal year, net income was $32.4 million, or $0.96 per diluted share, inclusive of $25.8 million of special charges.

The Consumer Systems Group reported net sales of $389.4 million for the quarter, an increase of 18 percent over the same prior year period. Sales to automotive customers increased a dramatic 28 percent. In North America and Asia, Mark Levinson digital audio system shipments to Lexus and sales of JBL audio systems to Toyota were higher than the fourth quarter last year.

In Europe, Harman/Becker reported higher sales to Mercedes-Benz and BMW to support Mercedes E-Class and BMW 7 Series programs.

In the fourth quarter, increased sales of Multimedia products to Apple were offset by lower sales to Dell. Consumer audio product sales approximated those in the same prior year period.

To increase collaboration and to enhance the Company's ability to respond to domestic infotainment/telematics systems opportunities, Harman is combining its European and North American automotive OEM operations, effective September 1, 2002. The new global organization will be headed by Dr. Erich Geiger who has provided outstanding leadership as the Chief Executive Officer of Harman/Becker in Europe.

Professional Group sales for the quarter were flat to a year ago after adjusting for the sale of a business unit, but profits nearly doubled.

Dr. Sidney Harman, Executive Chairman, and Bernard Girod, Vice Chairman and Chief Executive Officer, commented:

"The Company achieved record sales and earnings in the fourth quarter. Our programs with the automakers continue to strengthen the Company's foundation and create future opportunities. In prior months we announced new infotainment business contracts for the next generation of automobiles and we increased our research and engineering resources through strategic acquisitions to support those initiatives.

Our consumer home audio and professional businesses performed relatively well in markets hampered by sluggish economies in the U.S. and abroad. Initiatives undertaken in the past have enabled these businesses to withstand such challenges.

In response to the recent SEC pronouncement, we and Frank Meredith, our Chief Financial Officer, have signed and submitted, without qualification, the required certification of Harman's current SEC filings. Furthermore, the Company will expense all new option grants beginning in Fiscal 2003."

At 4:30 p.m. EDT today, Harman International will host an analyst and investor conference call to discuss the results for its fourth quarter and twelve months ended June 30, 2002, and to comment on management's outlook for future periods. To participate in the conference call, please call (US) 888/276-0006 or for international calls dial 612/288-0318 prior to 4:30 p.m. EDT.

Please let the operator know that you would like to join the Harman International call.

A replay of the conference call will be available following the completion of the call at approximately 8:00 p.m. EDT. The replay will be available through August 26, 2002. To access the replay, please call (US) 800/475-6701 or for international calls 320/365-3844. The access code number is 648965.

Harman International Industries, Incorporated (www.harman.com) is a leading manufacturer of high-quality, high fidelity audio products and electronic systems for the consumer and professional markets. The Company's stock is traded on the New York Stock Exchange under the symbol: HAR.

Note: Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in the forward-looking statements, including but not limited to the effect of changes in consumer confidence and spending, automobile industry sales and production rates, model-year changeovers and customer acceptance in the automotive industry, our ability to satisfy contract performance criteria, availability of key components to the products we manufacture, competitive products, currency exchange rates, the outcome of pending or future litigation and other claims, labor disputes at our facilities or those of our customers, general economic conditions and other risks detailed in the Company's filings with the Securities and Exchange Commission.

             HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED
                 FOURTH QUARTER RESULTS - FISCAL 2002
     FOR THE THREE AND TWELVE MONTHS ENDED JUNE 30, 2002 and 2001
                (000s omitted except per share amounts)


                           Three Months Ended     Twelve Months Ended
                                June 30,                 June 30,
                           2002         2001        2002        2001
                           ----         ----        ----        ----

Net sales               $501,437      447,737   1,826,188   1,716,547
Cost of sales            356,207      327,347   1,326,317   1,268,512
                       ---------    ---------   ---------   ---------
Gross profit             145,230      120,390     499,871     448,035

Selling, general and
 administrative
 expenses                105,003       86,507     396,650     376,807
                       ---------    ---------   ---------   ---------
Operating income          40,227       33,883     103,221      71,228

Other expense:
    Interest expense       4,733        6,356      22,406      24,950
    Miscellaneous, net      (444)         754         638       1,179
                       ---------    ---------   ---------   ---------
Income before income
 taxes                    35,938       26,773      80,177      45,099

Income tax expense
 and minority interest     9,834        7,416      22,664      12,735
                       ---------    ---------   ---------   ---------
Net income               $26,104       19,357      57,513      32,364
                       =========    =========   =========   =========

Basic EPS                  $0.80         0.60        1.78        1.00
Diluted EPS                $0.76         0.58        1.70        0.96

Shares outstanding
 - basic                  32,500       32,034      32,261      32,296
Shares outstanding
 - diluted                34,242       33,427      33,903      33,737





             HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED
                      CONSOLIDATED BALANCE SHEETS
                            (000s omitted)

                                       June 30,          June 30,
                                        2002              2001
                                   -------------     -------------

ASSETS
Current assets
    Cash and cash equivalents     $      116,253             2,748
    Accounts receivable                  335,019           312,817
    Inventories                          329,935           317,500
Other current assets                      95,556            72,806
                                   -------------     -------------
Total current assets                     876,763           705,871
                                   -------------     -------------

Property, plant and equipment            325,812           264,136
Excess of cost over fair value
 of assets acquired                      199,239           145,258
Other assets                              78,466            44,120
                                   -------------     -------------

Total assets                      $    1,480,280         1,159,385
                                  ==============     =============

LIABILITIES AND
 SHAREHOLDERS' EQUITY
Current liabilities
    Short-term borrowings         $            0            19,394
    Current portion of
     long-term debt                        4,255             5,544
    Accounts payable and
     accrued liabilities                 429,216           322,217
                                   -------------     -------------
Total current liabilities                433,471           347,155
                                   -------------     -------------

Long-term debt                           470,424           343,822
Other non-current
 liabilities                              47,523            44,537
Minority interest                          2,233               929

Total shareholders' equity               526,629           422,942
                                   -------------     -------------

Total liabilities and
 shareholders' equity             $    1,480,280         1,159,385
                                  ==============     =============

Contact:

     Harman International Industries, Inc.
     Frank Meredith, 818/893-8411