Triumph Group Announces Amendment of Revolving Credit Facility

* Reuters is not responsible for the content in this press release.

Mon Aug 17, 2009 3:13pm EDT

WAYNE, Pa.--(Business Wire)--
Triumph Group, Inc. (NYSE:TGI) today announced an amendment to its existing
unsecured revolving credit agreement which increased the size of the facility
from $370 million to $485 million and extended the maturity from June, 2011 to
January, 2013. The company intends to use the facility for working capital
purposes, internal growth initiatives, funding of future acquisitions and other
general corporate purposes. 

David Kornblatt, Triumph`s Executive Vice President and Chief Financial Officer,
said, "We are very pleased with the amendment to our bank facility. The
increased size and extended term will allow Triumph to continue to execute our
plans for investing in our business and for pursuing acquisitions. We appreciate
the long time support of our bank group and our lead bank, PNC." 

Triumph Group, Inc., headquartered in Wayne, Pennsylvania, designs, engineers,
manufactures, repairs and overhauls aircraft components and accessories. The
company serves a broad, worldwide spectrum of the aviation industry, including
original equipment manufacturers of commercial, regional, business and military
aircraft and aircraft components, as well as commercial and regional airlines
and air cargo carriers. 

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 provisions 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 Annual Report on
Form 10-K for the fiscal year ended March 31, 2009. 



Triumph Group, Inc.
Sheila G. Spagnolo, Vice President
610-251-1000
sspagnolo@triumphgroup.com

Copyright Business Wire 2009

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