Precision Castparts Corp. Sets Second Quarter Fiscal 2012 Earnings Release Date

PORTLAND, Ore., Oct. 13, 2011 (GLOBE NEWSWIRE) -- Mark Donegan, chairman and
chief executive officer of Precision Castparts Corp. (NYSE:PCP), will host a
conference call to discuss second quarter fiscal 2012 earnings on October 27,
2011, at 7:00 am Pacific Time.

Individuals interested in monitoring the webcast should paste the following
address into their browser for access to the live conference link:

http://w.on24.com/r.htm?e=270469&s=1&k=99DDDC398160ECAF18D792A66A759189

This link will provide both audio and video through the Internet connection. You
may use the following link to check your computer system's compatibility any
time prior to the call:
http://webcast.premiereglobal.com/clients/premiere/help/help.html

For Webcast assistance, please dial (888) 569-3848 or (719) 785-6626.

Those interested in asking questions following the earnings presentation must
dial in for audio access to: 877-856-1969, Access Code: 4025739. Dial *0 for
technical assistance with dial-in access. In order to assure the conference
begins in a timely manner, please dial in 10 to 15 minutes prior to the
scheduled start time.

You may also gain access to the webcast through Precision Castparts Corp.'s
corporate website: http://www.precast.com/investors/presentations/

Following the conference call, you may replay the conference by calling
888-203-1112 or 719-457-0820; the replay pass code is 4025739.

Precision Castparts Corp. is a worldwide, diversified manufacturer of complex
metal components and products. It serves the aerospace, power, and general
industrial markets. PCC is the market leader in manufacturing large, complex
structural investment castings, airfoil castings, and forged components used in
jet aircraft engines and industrial gas turbines. The Company is also a leading
producer of highly engineered, critical fasteners for aerospace and other
general industrial markets, and supplies metal alloys and other materials to the
casting and forging industries.

The Precision Castparts Corp. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=8204

Information included within this press release describing projected growth and
future results and events constitutes forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995. Actual results
in future periods may differ materially from the forward-looking statements
because of a number of risks and uncertainties, including but not limited to
fluctuations in the aerospace, power generation, and general industrial cycles;
the relative success of the Company's entry into new markets; competitive
pricing; the financial viability of the Company's significant customers; the
impact on the Company of customer labor disputes; demand, timing and market
acceptance of new commercial and military programs including the Boeing 787; the
availability and cost of energy, materials, supplies, and insurance; and the
cost of pension benefits and post-retirement medical benefits; equipment
failures; relations with the Company's employees; the Company's ability to
manage its operating costs and to integrate acquired businesses in an effective
manner; governmental regulations and environmental matters; risks associated
with international operations and world economies; the relative stability of
certain foreign currencies; the impact of adverse weather or natural disasters;
the availability and cost of financing; and implementation of new technologies
and process improvement. Any forward-looking statements should be considered in
light of these factors. The Company undertakes no obligation to publicly
release any forward-looking information to reflect anticipated or unanticipated
events or circumstances after the date of this document.

Precision Castparts Corp.'s press releases are available on the Internet at
Globe Newswire's website -- http://www.globenewswire.com or PCC's home page at
http://www.precast.com. If you wish to be removed from this list, please reply
to Unsubscribe@precastcorp.com.

CONTACT: Dwight Weber, Director of Communications
(503) 946-4855
Website: http://www.precast.com