EXHIBIT 99.1

For further information, contact:
LINDSAY CORPORATION:	HALLIBURTON INVESTOR RELATIONS:
Dave Downing	Jeff Elliott or Geralyn DeBusk
CFO and President – International Operations	972-458-8000
402-827-6235

Lindsay Corporation Reports Fiscal 2010 Second Quarter Results

OMAHA, Neb., March 31, 2010—Lindsay Corporation (NYSE: LNN), a leading provider of irrigation systems and infrastructure products, today announced results for its fiscal second quarter ended February 28, 2010.

Second Quarter Results

Second quarter fiscal 2010 total revenues increased 31 percent to $85.2 million from $65.1 million for the year-ago period. Net earnings were $6.0 million or $0.48 per diluted share compared with $0.2 million or $0.01 per diluted share in the prior year’s second quarter. Included in net earnings is an after-tax net benefit of $2.0 million, or $0.16 per diluted share, from cumulative state investment credits.

Total irrigation equipment revenues increased 40 percent to $67.9 million from $48.4 million in the prior fiscal year’s second quarter. Domestic irrigation revenues increased 16 percent from the prior year’s second quarter while international irrigation revenues increased 93 percent over the same period. Infrastructure revenues were $17.3 million compared with $16.7 million in the prior year period, an increase of 4 percent.

Gross margin was 26.0 percent compared to 20.4 percent for the same prior year period. Irrigation margins increased from improved factory efficiencies at our Lindsay, Nebraska facility and favorable regional sales mix compared to the same period last year. Infrastructure margins improved primarily due to increased revenues of moveable barrier product. Before cumulative investment credits of $0.6 million, the gross margin was 25.2 percent.

Operating expenses were $15.2 million, increasing $1.5 million as compared to the second quarter of the prior year. The increase in operating expenses was due primarily to $0.7 million of incremental expenses for environmental monitoring and remediation which is part of the continuing compliance work at our Lindsay, Nebraska facility and $0.7 million of higher employee medical expenses. An increase in incentive compensation expense was essentially offset by other personnel related expense reductions and $0.3 million of cumulative investment credits. Operating income of $6.9 million increased $7.4 million compared with an operating loss of $0.4 million for the prior year period.

Nebraska’s state economic development incentive wage and investment credits significantly contributed to earnings during the quarter. In addition to contributing toward operating income, the cumulative investment credits reduced income tax expense by a net $1.1 million resulting in a total after tax benefit of $2.0 million.

Cash and cash equivalents of $91.6 million, increased $50.5 million from the comparable prior year period. Long-term debt decreased $6.2 million over the same time last year.

Lindsay’s backlog of unshipped orders at February 28, 2010 was $33.6 million compared with $36.1 million at November 30, 2009 and $45.5 million at February 28, 2009. February 2009 backlog included $19.6 million for the Mexico City barrier project that was completed in the first half of fiscal 2010.

Six Month Results

Total revenues for the six months ended February 28, 2010 were $171.2 million, a 4 percent decrease from $178.3 million for the prior year’s six-month period. Total irrigation equipment revenues of $121.2 million declined 10 percent from a year ago, while infrastructure revenues increased 14 percent to $50.0 million. The Company’s operating income for the six-month period was $18.1 million compared to $11.3 million during the prior year period. Net earnings were $12.7 million or $1.01 per diluted share, as compared to $6.5 million, or $0.52 per diluted share for the prior year period.

Outlook

Rick Parod, president and chief executive officer, commented, “Strong irrigation sales in Mexico, Brazil and Latin America along with solid domestic demand drove improved irrigation results. While commodity prices declined during the quarter, causing farmers to remain cautious regarding investments, global irrigation equipment demand for the remainder of fiscal 2010 appears to be slightly better than fiscal 2009 at this time. In the infrastructure segment, completion of the Mexico City project by our Barrier Systems team contributed toward improved performance in the first half of fiscal 2010. Infrastructure spending continues to be uncertain due to government budget constraints.”

Parod added, “For our business overall, the global, long-term drivers of water conservation, population growth, increasing importance of biofuels, and improvements in infrastructure remain positive.”

Second Quarter Conference Call

Lindsay’s fiscal 2010 second quarter investor conference call is scheduled for 11:00 a.m. Eastern Time today. Interested investors may participate in the call by dialing (888) 748-0479 domestically, or (706) 758-9823 internationally, and referring to conference ID # 63381470. Additionally, the conference call will be simulcast live on the Internet, and can be accessed via the investor relations section of the Company’s Web site, www.lindsay.com. The Company will have a slide presentation available to augment management’s formal presentation, which will also be accessible via the Company’s Web site.

About the Company

Lindsay manufactures and markets irrigation equipment primarily used in agricultural markets which increase or stabilize crop production while conserving water, energy, and labor. The Company also manufactures and markets infrastructure and road safety products through its wholly owned subsidiaries, Barrier Systems Inc. and Snoline S.P.A. At February 28, 2010, Lindsay had approximately 12.5 million shares outstanding, which are traded on the New York Stock Exchange under the symbol LNN.

For more information regarding Lindsay Corporation, see Lindsay’s Web site at www.lindsay.com. For more information on the Company’s infrastructure products, visit www.barriersystemsinc.com and www.snoline.com.

Concerning Forward-looking Statements

This release contains forward-looking statements that are subject to risks and uncertainties and which reflect management’s current beliefs and estimates of future economic circumstances, industry conditions, company performance and financial results. You can find a discussion of many of these risks and uncertainties in the annual, quarterly and current reports that the Company files with the Securities and Exchange Commission. Forward-looking statements include information concerning possible or assumed future results of operations of the Company and those statements preceded by, followed by or including the words “anticipate,” “estimate,” “believe,” “intend,” “expect,” “outlook,” “could,” “may,” “should,” “will,” or similar expressions. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company undertakes no obligation to update any forward-looking information contained in this press release.

Lindsay Corporation and Subsidiaries
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited)

	Three months ended						Six months ended
	February 28,						February 28,
(in thousands, except per share amounts)	2010			2009			2010			2009
Operating revenues	$	85,196		$	65,146		$	171,166		$	178,267
Cost of operating revenues		63,067			51,870			123,233			136,342
Gross profit		22,129			13,276			47,933			41,925
Operating expenses:
Selling expense		5,251			5,618			10,774			12,381
General and administrative expense		8,279			6,488			15,615			14,837
Engineering and research expense		1,685			1,619			3,469			3,360
Total operating expenses		15,215			13,725			29,858			30,578
Operating income (loss)		6,914			(449	)		18,075			11,347
Other income (expense):
Interest expense		(356	)		(480	)		(817	)		(1,105	)
Interest income		83			225			166			541
Other income (expense), net		(85	)		238			60			(1,468	)
Earnings (loss) before income taxes		6,556			(466	)		17,484			9,315
Income tax provision (benefit)		578			(616	)		4,829			2,843
Net earnings	$	5,978		$	150		$	12,655		$	6,472
Basic net earnings per share	$	0.48		$	0.01		$	1.02		$	0.53
Diluted net earnings per share	$	0.48		$	0.01		$	1.01		$	0.52
Weighted average shares outstanding		12,452			12,285			12,415			12,268
Diluted effect of stock equivalents		127			135			145			185
Weighted average shares outstanding assuming dilution		12,579			12,420			12,560			12,453
Cash dividends per share	$	0.080		$	0.075		$	0.160		$	0.150

Lindsay Corporation and Subsidiaries
CONDENSED CONSOLIDATED BALANCE SHEETS

	(Unaudited)			(Unaudited)
	February 28,			February 28,			August 31,
($ in thousands, except par values)	2010			2009			2009
ASSETS
Current Assets:
Cash and cash equivalents	$	91,635		$	41,139		$	85,929
Receivables, net of allowance, $2,100, $1,248, and $1,864, respectively		53,297			58,741			42,862
Inventories, net		47,197			66,658			46,255
Deferred income taxes		6,645			7,876			6,881
Other current assets		7,629			8,875			7,602
Total current assets		206,403			183,289			189,529
Property, plant and equipment, net		57,414			56,779			59,641
Other intangible assets, net		27,842			28,511			29,100
Goodwill, net		23,867			23,328			24,174
Other noncurrent assets		5,640			4,975			5,453
Total assets	$	321,166		$	296,882		$	307,897
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$	30,514		$	23,066		$	20,008
Current portion of long-term debt		6,171			6,171			6,171
Other current liabilities		29,631			29,893			33,008
Total current liabilities		66,316			59,130			59,187
Pension benefits liabilities		6,407			5,603			6,407
Long-term debt		16,369			22,540			19,454
Deferred income taxes		8,916			12,345			10,391
Other noncurrent liabilities		3,101			3,682			4,800
Total liabilities		101,109			103,300			100,239
Shareholders’ equity:
Preferred stock, ($1 par value, 2,000,000 shares authorized, no shares issued and outstanding)		—			—			—
Common stock, ($1 par value, 25,000,000 shares authorized, 18,184,620, 18,114,503 and 18,128,743 shares issued at February 28, 2010 and 2009 and August 31, 2009, respectively)		18,185			18,115			18,129
Capital in excess of stated value		29,972			27,615			28,944
Retained earnings		260,126			244,247			249,588
Less treasury stock (at cost, 5,698,448, 5,813,448 and 5,763,448 shares at February 28, 2010 and 2009 and August 31, 2009, respectively)		(90,961	)		(92,796	)		(91,998	)
Accumulated other comprehensive income, net		2,735			(3,599	)		2,995
Total shareholders’ equity		220,057			193,582			207,658
Total liabilities and shareholders’ equity	$	321,166		$	296,882		$	307,897

Lindsay Corporation and Subsidiaries
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)

		Six Months Ended
		February 28,
($ in thousands)	2010			2009
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings	$	12,655		$	6,472
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization		5,350			5,311
Provision for uncollectible accounts receivable		267			91
Deferred income taxes		(1,768	)		(318	)
Stock-based compensation expense		1,182			938
Gain on disposal of fixed assets		(520	)		—
Other, net		(85	)		369
Changes in assets and liabilities:
Receivables		(11,025	)		25,261
Inventories		(1,940	)		(16,963	)
Other current assets		(1,755	)		903
Accounts payable		10,747			(5,722	)
Other current liabilities		(3,645	)		(13,178	)
Current taxes payable		2,554			(5,516	)
Other noncurrent assets and liabilities		(954	)		340
Net cash provided by (used in) operating activities		11,063			(2,012	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment		(1,985	)		(5,176	)
Proceeds from sale of property, plant and equipment		547			6
Acquisition of business, net of cash acquired		(132	)		—
Proceeds from settlement of net investment hedge		565			859
Net cash used in investing activities		(1,005	)		(4,311	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock under stock compensation plan		544			482
Principal payments on long-term debt		(3,086	)		(3,011	)
Net payments on revolving line of credit		—			842
Excess tax benefits from stock-based compensation		368			317
Dividends paid		(1,990	)		(1,841	)
Net cash used in financing activities		(4,164	)		(3,211	)
Effect of exchange rate changes on cash		(188	)		(87	)
Net increase (decrease) in cash and cash equivalents		5,706			(9,621	)
Cash and cash equivalents, beginning of period		85,929			50,760
Cash and cash equivalents, end of period	$	91,635		$	41,139