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Triumph Group Commences Exchange Offer for Its 8% Senior Subordinated Notes Due 2017
WAYNE, Pa., Feb 16, 2010 (BUSINESS WIRE) -- Triumph Group, Inc. (NYSE:TGI) today announced that it has commenced an exchange offer (the "Exchange Offer") to exchange up to $175 million in aggregate principal amount of its 8% Senior Subordinated Notes due 2017 that have been registered (the "Exchange Notes") under the Securities Act of 1933, as amended (the "Securities Act"), for the aggregate same principal amount of its outstanding 8% Senior Subordinated Notes due 2017 (the "Original Notes"). The Original Notes were issued in a private placement in compliance with Rule 144A and Regulation S under the Securities Act.

The Exchange Offer will expire at 5:00 p.m., New York City time, on March 16, 2010, unless extended. The Exchange Offer is not conditioned upon any minimum principal amount of Original Notes being tendered for exchange. U.S. Bank National Association is the exchange agent for the Exchange Offer.

A registration statement describing the Exchange Offer has been filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the Exchange Notes or any other security, and shall not constitute an offer, solicitation or sale in any jurisdiction in which or to any persons to whom such offering, solicitation or sale would be unlawful.

Triumph Group, Inc., headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls aircraft components and accessories. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.

More information about the company can be found on the Internet at http://www.triumphgroup.com.

Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve risks and uncertainties which could affect the company's actual results and could cause its actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, the company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in the company's reports filed with the SEC, including without limitation the company's Annual Report on Form 10-K for the fiscal year ended March 31, 2009.

SOURCE: Triumph Group, Inc.

Triumph Group, Inc.
Sheila Spagnolo
Vice President
Phone (610) 251-1000
sspagnolo@triumphgroup.com
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