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Triumph Names New President at Triumph Composite Systems, Inc.

WAYNE, Pa.--(BUSINESS WIRE)--April 2, 2003--Triumph Group, Inc. (NYSE:TGI) announced today that MaryLou Thomas has been named President of Triumph Composite Systems, Inc. of Spokane, Washington.

Ms. Thomas had been Director of Operations of Boeing's Spokane Fabrication Operation (SFO) at the time of its acquisition by Triumph in January of this year and had been serving as General Manager of Triumph's new company, Triumph Composite Systems, since the acquisition. Triumph Composite Systems manufacturers composite floor panels, flight control decks and air ducting systems.

Ms. Thomas joined Boeing SFO in 1990 and since 1994 has held a variety of managerial positions including Facilities Maintenance, Safety and Environmental Affairs, Floor Panel Production and Sales and Marketing. She is a certified Lean Manufacturing Leader.

Prior to joining Boeing SFO, Ms. Thomas had worked for Lockheed Systems, Inc. in nuclear weapons technology and served in the U.S. Air Force in the nuclear weapons field.

Triumph President and CEO, Richard C. Ill, said: "I am delighted to announce this well deserved appointment of MaryLou Thomas as President of Triumph Composite Systems, Inc. With her demonstrated leadership skills and considerable operating experience, MaryLou is ideally suited to help us maximize the growth opportunities that are available to Triumph Composite Systems through expanding its customer base and product offerings."

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. The Company also distributes, processes and fabricates metal products.

More information about Triumph can be found on the World Wide Web Site at http://www.triumphgroup.com.

Statements which are not historical facts, including statements regarding future growth opportunities at the subject operating company 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 outlook for 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, 2002.


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

    SOURCE: Triumph Group, Inc.