<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>ex991.txt
<DESCRIPTION>EXHIBIT 99.1 NEWS RELEASE - CONFR CALL 10/08/03
<TEXT>
                               [Terex Letterhead]

                          TEREX CORPORATION [NYSE: TEX]

                                 CONFERENCE CALL
                           Thursday, October 23, 2003
                             8:30 a.m. Eastern Time

You are invited by Terex Corporation to participate in a conference call to
review its third quarter 2003 financial results. The live call will begin on
Thursday, October 23, 2003 at 8:30 a.m., Eastern Time. Ronald M. DeFeo, Chairman
and CEO will host the call.

To access it, call (877) 726-6603 on Thursday, October 23, 2003 at least 10
minutes before the call is scheduled to begin.

To accommodate our audiences in earlier time zones or anyone unable to listen,
there will be a replay of the teleconference. The replay will be available
shortly after the conclusion of the call and can be accessed until Thursday,
October 30, 2003 at 6:00 p.m., Eastern Time. To access the replay, please call
(800) 642-1687 and enter conference id #3164043.

International participants should call (706) 634-5517 at least 15 minutes before
the start of the conference call. To access the replay, please call (706)
645-9291 and enter conference id #3164043.

Terex Corporation will be releasing its third quarter 2003 financial results to
the wire services on Wednesday, October 22, 2003 after market close. You may
visit our Website, www.terex.com for immediate access to this press release
under the Investor Relations section.

Also, a simultaneous, listen-only mode webcast of this conference call will be
available on www.terex.com. Those who wish to listen to the conference call
should visit the Investor Relations section of the company's Website at least 15
minutes prior to the event's broadcast. Then, follow the instructions provided
to assure that the necessary audio applications are downloaded and installed.
These programs can be obtained at no charge to the user.

For further information, please contact Elizabeth Gaal, Investor Relations
Associate at (203) 222-5942.

Terex Corporation is a diversified global manufacturer based in Westport,
Connecticut, with 2002 revenues of $2.8 billion. Terex is involved in a broad
range of construction, infrastructure, recycling and mining-related capital
equipment under the brand names of Advance, American, Amida, Atlas, Bartell,
Bendini, Benford, Bid-Well, B.L. Pegson, Canica, Cedarapids, Cifali, CMI,
Coleman Engineering, Comedil, Demag, Fermec, Finlay, Franna, Fuchs, Genie,
Grayhound, Hi-Ranger, Italmacchine, Jaques, Johnson-Ross, Koehring, Lectra Haul,
Load King, Lorain, Marklift, Matbro, Morrison, Muller, O&K, Payhauler, Peiner,
Powerscreen, PPM, Re-Tech, RO, Royer, Schaeff, Simplicity, Square Shooter,
Telelect, Terex, and Unit Rig. Terex offers a complete line of financial
products and services to assist in the acquisition of Terex equipment through
Terex Financial Services. More information on Terex can be found at
www.terex.com.

                                       ###


                                Terex Corporation
           500 Post Road East, Suite 320, Westport, Connecticut 06880
                 Telephone: (203) 222-7170, Fax: (203) 222-7976


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