Hurco Cos. Inc.

Hurco Cos. Inc.

Hurco Cos. Inc., One Technology Way, Indianapolis, 46268 (www.hurco.com), designs and produces interactive computer controls, software and computerized machine systems for the worldwide metal-cutting and metal-forming industry. Its products are sold in the United States, Europe and Asia. For the quarter ended Jan. 31, the company reported net income of $354,000, or $0.05 per diluted share, on $28.3 million in revenue. That compares with net income of $7.8 million, or $1.21 per diluted share, on $60.9 million in revenue during the same period the previous year. The company’s shares trade on NASDAQ under the ticker symbol HURC. Information for Proxy Corner was taken from Bloomberg News and the company’s proxy statement dated Jan. 21, 2009.

VALUE 5/8/09 2/14/08

Shares of common stock outstanding 6.4 million 6.4 million Market value of one common share $14.69 $35.80 Market value of common stock $94.3 million $299.1 million

NOTEWORTHY CONTROL

Royce & Associates LLC NorthPointe Capital LLC

Number of common shares: 652,661 Number of common shares: 343,308

Percentage of common shares: 10.2 Percentage of common shares: 5.4

Previous year: 394,550 Previous year: n/a

EXECUTIVE COMPENSATION

Total ’08 Salary Stock and All other

compensation Bonus option grants (1) pay (2) % change (3)

Michael Doar $1,128,280 $372,192 $0 $86,088 5.7% chairman, CEO $670,000 James D. Fabris $1,029,648 $332,596 $0 $97,052 7.8% president, COO $600,000 John G. Oblazney $316,037 $183,577 $0 $32,460 -50.3% treasurer, CFO $100,000 Sonja K. McClelland $227,575 $129,577 $0 $7,998 7.8% corporate controller $90,000

(1) Grant date fair value of stock and options awards, as calculated in company’s proxy statement in its grant of plan-based awards table. (2) Includes non-equity incentive plan compensation, above-market or preferential earnings on deferred compensation and all other annual compensation. (3) Percentage increase or decrease in executive’s total compensation vs. previous year.

DIRECTORS

Stephen H. Cooper, 69 Michael P. Mazza, 44

Occupation: Attorney, adjunct professor of law Occupation: Attorney at New York Law School, Pace University Number of common shares: 2,870 Law School, Albany Law School Previous year: 2,870 Number of common shares: 5,000 Previous year: 5,000 Richard T. Niner, 69 Occupation: Private investor Robert W. Cruickshank, 63 Number of common shares: 231,812 Occupation: Financial consultant Previous year: 231,812 Other directorships: Calgon Carbon Corp. Number of common shares: 5,000 Charles E. Rentschler, 69 Previous year: 5,000 Occupation: Vice president of Wall Street Access Michael Doar, 53 Other directorships: Accuride Corp. Occupation: Chairman and CEO of the Number of common shares: 1,000 company Previous year: 1,000 Other directorships: Twin Disc Inc. Number of common shares: 58,650 Janaki Sivanesan, 37 Previous year: 58,650 Occupation: Attorney with Katten Muchin Rosenman LLP Philip James, 66 Number of common shares: 5,000 Occupation: President of James Consulting Previous year: 0 Associates LLC Number of common shares: 5,000 Previous year: 0

All officers and directors as a group (11 people) control 352,332 shares, or 5.5 percent, of the company’s common shares, which compares with 11 people controlling 337,332 shares, or 5.2 percent, the previous year.