Item 7.01 Regulation FD Disclosure.

MPC Products Corporation ("MPC"), a wholly owned subsidiary of Woodward Governor Company (the "Company") following its October 2008 acquisition of MPC, has now finalized the resolution of all civil and criminal aspects of the previously disclosed investigation by the Department of Justice ("DOJ") related to MPC's pre-June 2005 government contract pricing practices. In October 2009, MPC reached an agreement with the DOJ to resolve the criminal and civil claims related to the investigation. As previously disclosed by the Company, the agreement to settle the civil claims was approved by the United States District Court for the Northern District of Illinois (the "District Court") on October 7, 2009. Today, the criminal plea agreement and sentencing were approved by the District Court, concluding the DOJ's investigation of these matters.

As part of the civil settlement, MPC paid approximately $22.5 million in compensation. With regard to the criminal settlement, MPC pled guilty to one count of wire fraud related to its pre-June 2005 government contract pricing practices and agreed to pay a fine of $2.5 million. MPC also agreed to a two-year probation. As previously disclosed, the purchase price paid by the Company in connection with the acquisition of MPC was reduced by $25 million, which represents the amounts discussed above. Additional details about the DOJ investigation have been previously disclosed in the Company's press releases and filings with the Securities and Exchange Commission.

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