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<SEC-DOCUMENT>0000080420-04-000019.txt : 20040513
<SEC-HEADER>0000080420-04-000019.hdr.sgml : 20040513
<ACCEPTANCE-DATETIME>20040513141421
ACCESSION NUMBER:		0000080420-04-000019
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20040513
ITEM INFORMATION:		Changes in registrant's certifying accountant
FILED AS OF DATE:		20040513

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			POWELL INDUSTRIES INC
		CENTRAL INDEX KEY:			0000080420
		STANDARD INDUSTRIAL CLASSIFICATION:	SWITCHGEAR & SWITCHBOARD APPARATUS [3613]
		IRS NUMBER:				880106100
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12488
		FILM NUMBER:		04802358

	BUSINESS ADDRESS:	
		STREET 1:		8550 MOSLEY DR
		STREET 2:		POST OFFICE BOX 12818
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77075
		BUSINESS PHONE:		7139446900

	MAIL ADDRESS:	
		STREET 1:		8550 MOSLEY DRIVE P O BOX 12818
		STREET 2:		8550 MOSLEY DRIVE P O BOX 12818
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77075

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PROCESS SYSTEMS INC
		DATE OF NAME CHANGE:	19780926
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form0504_8k.htm
<DESCRIPTION>2004 2ND QTR 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>Mar 13, 2004 - 8K</TITLE>
</HEAD>
<BODY>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>UNITED STATES <BR>SECURITIES AND
EXCHANGE COMMISSION <BR>WASHINGTON, DC 20549 <BR><BR></FONT></p>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM 8-K <BR><BR><BR><BR></FONT></p>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> Current Report pursuant to Section 13 or 15(d)
 of the Securities Exchange Act of 1934
 <BR><BR><BR></FONT></p>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Commission File Number
0-6050 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>POWELL INDUSTRIES, INC. </FONT></P>

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     <HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para Large Indent" FSL="Default" -->
<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Exact
name of registrant as specified in its charter) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent" FSL="Default" -->
<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>DATE OF REPORT<BR>May 13, 2004<BR>
(Date of earliest event reported) </FONT></P>

<BR>


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<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD ALIGN="center" WIDTH="45%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">NEVADA</FONT></TD>
     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD ALIGN="center" WIDTH="45%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">88-0106100</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(State or other jurisdiction of incorporation or organization)</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD ALIGN="center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(I.R.S. Employer Identification No.)</FONT></TD></TR>
</TABLE>
<BR><BR>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD ALIGN="center" WIDTH="45%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">8550 Mosley Drive, Houston, Texas</FONT></TD>
     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD ALIGN="center" WIDTH="45%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">77075-1180</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Address of principal executive offices)</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD ALIGN="center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Zip Code)</FONT></TD></TR>
</TABLE>
<BR><BR>

<!-- MARKER FORMAT-SHEET="Para Large Indent" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registrant's telephone number, including area code  (713) 944-6900
 </FONT></P>


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<HR ALIGN=LEFT WIDTH=100% SIZE=3 NOSHADE>
<PAGE>



<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ITEM 4.  CHANGE IN REGISTRANT&#146;S CERTIFYING ACCOUNTANT </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)  On May 7, 2004, the Audit Committee of the Board of Directors of Powell Industries, Inc. (the &#147;Company&#148;), dismissed Deloitte &amp;
Touche LLP (&#147;Deloitte&#148;) as the Company&#146;s independent public accountants.</FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deloitte&#146;s report on the Company&#146;s financial statements for the two fiscal years ended October 31, 2002, and October 31,
2003, did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope
or accounting principles. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; During the Company&#146;s two
fiscal years ended October 31, 2003, and the subsequent interim period preceding the decision to
change independent public accountants, there were no disagreements with Deloitte on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure which, if not resolved to Deloitte&#146;s satisfaction would
have caused them to make reference to the subject matter of the disagreement in connection with the audit reports of the Company&#146;s
consolidated financial statements for such years.  There were no reportable events as described under Item 304(a)(1)(v) of
Regulation S-K. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company provided
Deloitte with a copy of the foregoing disclosures.  A letter from Deloitte dated May 13, 2004, stating
its agreement with these statements is attached as Exhibit 16.1. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)  On May 7, 2004, the Audit Committee of the Board of Directors of the Company appointed PricewaterhouseCoopers LLP
(&#147;PricewaterhouseCoopers&#148;), to serve as the Company&#146;s independent public accountants for the year ending October 31, 2004.  In the
years ended October 31, 2002 and October 31, 2003, and through the date hereof, the Company did not consult PricewaterhouseCoopers
with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of
audit opinion that might be rendered on the Company&#146;s financial statements, or any other matters or reportable events as set forth
in Items 304(a)(2)(i) and (ii) of Regulation S-K. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ITEM 7. &nbsp;&nbsp;&nbsp;FINANCIAL STATEMENTS AND EXHIBITS. </FONT></H1>

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<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
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<TR VALIGN="TOP">
     <TD WIDTH="6%" align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> </FONT></TD>
     <TD WIDTH="94%" align=left><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(a) Not Applicable<BR>(b) Not Applicable<BR>(c) Exhibits </FONT></TD></TR>
</TABLE>

<BR>
<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><u>Exhibit No.</u></FONT></TH>
     <TH></TH>
     <TH align=left><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Description</u></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="20%" align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR> 16.1 <BR><BR></FONT></TD>
     <TD Width="10%"></TD>
     <TD WIDTH="70%" align=left><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Letter of Deloitte &amp; Touche LLP regarding change<BR> in certifying accountant
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> 99.1 </FONT></TD>
     <td></td>
     <TD align=left><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Press Release dated May 13, 2004</FONT></TD></TR>
</TABLE>

<BR><BR>
<!-- MARKER FORMAT-SHEET="Page Rule Double" FSL="Default" -->
<HR ALIGN=LEFT WIDTH=100% SIZE=3 NOSHADE>
<PAGE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements
of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized. </FONT></P>




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<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
<BR>
<BR>

</FONT></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><b>POWELL INDUSTRIES, INC.</b><BR>
(Registrant)
<BR>
<BR>
<u>/s/ DON R. MADISON&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>                             <BR>
Don R. Madison<BR>
Vice President/Treasurer/<BR>
Chief Financial Officer<BR>
Principal Financial and Accounting Officer
</FONT></TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date:  &nbsp;&nbsp;May 13, 2004 </FONT></P>


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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-16
<SEQUENCE>2
<FILENAME>form0504_dt.htm
<DESCRIPTION>DELOITTE LETTER
<TEXT>
<HTML>
<HEAD>
<TITLE>May 2004 Deloitte Letter</TITLE>
</HEAD>
<BODY>


<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P align=right><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT 16.1</FONT></P><BR><BR>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[Deloitte Logo]</FONT></P>

<BR><BR>
<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 13, 2004 </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Securities and Exchange
Commission<BR>Mail Stop 11-3
<BR>450 5th Street, N.W. <BR>Washington, D.C. &nbsp;&nbsp;20549 </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dear Sirs/Madams: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>We have read Item 4 of Powell
Industries, Inc.'s Form 8-K dated May 13, 2004, and have the following comments: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush" FSL="Default" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1.&nbsp;&nbsp;&nbsp;&nbsp;
          We agree with the statements made in section (a) of Item 4. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush" FSL="Default" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.&nbsp;&nbsp;&nbsp;&nbsp;
          We have no basis on which to agree or disagree with the statements made in
          section (b) of Item 4. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Yours truly, </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>/s/&nbsp;&nbsp;Deloitte &amp; Touche LLP </FONT></P>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>form0504_pr.htm
<DESCRIPTION>2004 2ND QTR PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>2004 Second Quarter Press Release</TITLE>
</HEAD>
<BODY>



<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT 99.1 </FONT></P>


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     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD width="70%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><IMG SRC="pi-logo.jpg"></FONT></TD>
     <TD width="30%"><FONT FACE="Times New Roman, Times, Serif" SIZE="5"><b><i>PRESS RELEASE</i></b></FONT></TD></TR>
</TABLE>


  <BR>
<TABLE CELLPADDING="0" CELLSPACING="0" border="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH colspan=2><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="55%"><FONT FACE="Times New Roman, Times, Serif" SIZE="3"><B> <BR><BR><BR>FOR IMMEDIATE RELEASE</B>  </FONT></TD>
     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> Contacts:   </FONT></TD>
     <TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Don R. Madison, CFO<BR>
Powell Industries, Inc.<BR>
713-947-4422<BR>
<BR>
Ken Dennard  / ksdennard@drg-e.com<BR>
Karen Roan / kcroan@drg-e.com<BR>
DRG&amp;E  <BR> 713-529-6600
</FONT></TD></TR>
</TABLE><BR><BR>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><b> POWELL INDUSTRIES SELECTS NEW AUDIT FIRM;<BR>
ANNOUNCES FISCAL 2004 SECOND QUARTER EARNINGS RELEASE <BR>AND CONFERENCE CALL SCHEDULE</b></FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>HOUSTON &#150; MAY 13, 2004 &#150; Powell Industries, Inc. (NASDAQ: POWL), a leading manufacturer
 of equipment and systems for the control,
distribution and management of electrical and other dynamic processes, today announced that its audit committee of
the board of directors has appointed PricewaterhouseCoopers LLP as the company&#146;s independent accountants for 2004. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prior  to the  selection  of
PricewaterhouseCoopers,  Deloitte  &amp;  Touche  LLP had  served  as the  company&#146;s  independent
accountants.  There were no  disagreements  between Powell  Industries and Deloitte &amp; Touche on any matter of accounting  principle or
practices, financial statement disclosure or auditing scope or procedure.
 </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Additionally,  the company
plans to release  fiscal  2004  second  quarter  results on  Thursday,  June 3, 2004 at 6:00 a.m.
eastern time. In conjunction  with the release,  Powell  Industries has scheduled a conference call, which will be broadcast live over
the Internet, for Thursday, June 3, 2004 at 11:00 a.m. eastern time.
 </FONT></P>



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<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="9%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;What:</FONT></TD>
     <TD WIDTH="91%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Powell Industries Second Quarter Earnings Conference Call</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;When:</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Thursday, June 3, 2004 &#150; 11:00 a.m. eastern time</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;How:</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Live via phone by dialing 303-262-2211 and asking for the Powell Industries call at
              least 10 minutes prior to the start time, or live over the Internet by logging on to the
              web at the address below</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Where:</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>http://www.powellind.com</FONT></TD></TR>
</TABLE>


<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;         A  telephonic  replay of
the  conference  call  will be  available  through  June 10,  2004 and may be  accessed  by  calling
303-590-3000  using passcode  580254. A web cast archive will also be available at  www.powellind.com  shortly after the call and will
be accessible for  approximately  90 days. For more  information,  please  contact Donna  Washburn at DRG&amp;E at  713-529-6600  or email
dmw@drg-e.com.
 </FONT></P>


<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;         Powell  Industries,  Inc.,  headquartered  in Houston,  designs,  manufactures  and packages  systems and  equipment  for the
control,  distribution  and management of electrical  energy and other dynamic  processes.  Powell  provides  products and services to
large industrial  customers such as utilities,  oil and gas producers,  refineries,  petrochemical  plants,  pulp and paper producers,
mining  operations,   commuter  railways  and  other  vehicular  transportation  facilities.   For  more  information,   please  visit
www.powellind.com.
 </FONT></P>



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`
end

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
