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News Release
Triumph Group, Inc. Announces New President at Chem-Fab Corporation

WAYNE, Pa.--(BUSINESS WIRE)--Jan. 8, 2004--Triumph Group, Inc. (NYSE:TGI) announced today that M. Anthony Johnson has been named President of its Chem-Fab Corporation subsidiary. Chem-Fab performs chem-milling and other metal finishing processes and produces complex sheet metal parts and assemblies.

Mr. Johnson joined Chem-Fab in May, 2003 as Vice President and General Manager. Prior to joining Chem-Fab, he had been employed by Ducommun Inc. for more than 18 years, most recently serving as Vice President-General Manager for their Parsons Precision Products division. He will be located at Chem-Fab's operating facility in Hot Springs, Arkansas and will report to Jeff Frisby, Group President of Triumph Aerospace Systems Group.

"Tony Johnson has clearly demonstrated his ability to assume these increased responsibilities through his dedicated effort and proven results. His broad experience within the aerospace industry will help Chem-Fab continue to build its capabilities and product offerings to its customers and to further the strategic objectives of the Aerospace Systems Group," said Mr. Frisby.

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 Chem-Fab Corporation and Triumph Aerospace Systems Group 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.

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

SOURCE: Triumph Group, Inc.