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Triumph Group Appoints New Vice President, General Counsel

WAYNE, Pa., Jul 12, 2004 (BUSINESS WIRE) -- Triumph Group, Inc. (NYSE:TGI) today announced the appointment of John B. Wright, II as Vice President, General Counsel and Secretary of Triumph Group effective immediately. Mr. Wright succeeds Richard M. Eisenstaedt, who has retired.

Prior to joining Triumph, Mr. Wright was a partner with Ballard Spahr Andrews & Ingersoll, LLP in Philadelphia, PA specializing in corporate finance, securities regulation, mergers and acquisitions and corporate governance. Prior to Ballard Spahr, Mr. Wright was Senior Corporate Counsel at Safeguard Scientifics, Inc.

Richard C. Ill, Triumph's President and Chief Executive Officer, said, "We are pleased to have John join the management team at Triumph. We look forward to benefiting from his significant legal experience and welcome the perspective that he will bring to our organization."

On Mr. Eisenstaedt's retirement, Mr. Ill added, "We are proud to have been associated with Rick. We value his many years of service and contribution to Triumph and wish him all the best in his retirement."

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 in this release which are not historical facts, are forward-looking statements under the provision 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 Triumph's reports filed with the SEC, including our Form 10-K for the year ended March 31, 2004.

SOURCE: Triumph Group, Inc.

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

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