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Triumph Group, Inc. Announces New President at Triumph Components - Arizona

WAYNE, Pa.--(BUSINESS WIRE)--Sept. 9, 2003--Triumph Group, Inc. (NYSE:TGI) announced today that Michael Meshay has been named President of its Triumph Components - Arizona, Inc. subsidiary. Triumph Components - Arizona manufactures a wide range of gas turbine engine components for the aerospace and power generation markets and operates facilities in Phoenix, Arizona and Brookfield, Wisconsin.

Prior to joining Triumph Components - Arizona, Mr. Meshay most recently served as President of Aircraft Components and Services for Fairchild Dornier Gmbh, and President of PerkinElmer Detection Systems. He replaces William Hinz as President of Triumph Components - Arizona and will report to Mr. Hinz, who remains as Group President of Triumph Components Group.

Mr. Meshay attended the United States Air Force Academy and earned his undergraduate and graduate degrees from Arizona State University.

"Mike Meshay has distinguished himself throughout his career by his commitment to empowering people, his focus on process and by championing lean manufacturing methodologies. With his demonstrated leadership skills and his commitment to lean, Mike will help us maximize the growth opportunities that are available to Triumph Components - Arizona", said Mr. Hinz.

Triumph Group, Inc. headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls aircraft components and industrial gas turbine components and accessories. The Company serves a broad, worldwide spectrum of the aviation industry, including commercial airlines and air cargo carriers, as well as original equipment manufacturers of aircraft and aircraft components and power generation equipment.

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

Statements which are not historical facts, including statements regarding the future growth opportunities for Triumph Components - Arizona, Inc. contained in this release, are forward-looking statements under the provision of the Private Securities Litigation Reform Act of 1995.

All forward-looking statements involve risks and uncertainties including statements regarding the continued opportunities for future growth. The company wishes to caution readers that several important factors 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 Triumph's reports filed with the SEC, including our Form 10-K for the year ended March 31, 2003.

CONTACT: Triumph Group, Inc.
John Bartholdson, 610-251-1000
jbartholdson@triumphgroup.com

SOURCE: Triumph Group, Inc.
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