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Triumph Group, Inc. Announces New President at Triumph Precision Castings

WAYNE, Pa., Sep 22, 2003 (BUSINESS WIRE) -- Triumph Group, Inc. (NYSE:TGI) announced today that Christopher Doan has been named President of its Triumph Precision Castings Co. subsidiary. Triumph Precision Castings produces complex investment castings of turbine blades, vanes and nozzles for gas turbine engines and operates a facility in Chandler, Arizona.

Prior to joining Triumph Precision Castings, Mr. Doan most recently served as Senior Vice President - Maintenance Operations for U.S. Airways. Prior to U.S. Airways, he was Vice President at Northwest Airlines overseeing Line Maintenance, Base Maintenance and all Technical Operations. Mr. Doan succeeds William Hinz as President of Triumph Precision Castings and will report to Mr. Hinz, who remains as Group President of Triumph Components Group.

Mr. Doan earned his undergraduate degree in Aeronautical Technology from LeTourneau University and is a FAA licensed pilot and mechanic.

"Chris Doan brings a proven track record of producing results throughout his years of airline experience and his leadership will contribute to our continued growth," 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 prospects for Triumph Precision Castings Co. 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. 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.

SOURCE: Triumph Group, Inc.

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