Precision Castparts Corp. Presents Business Update at the Goldman Sachs Global Industrials...

Precision Castparts Corp. Presents Business Update at the Goldman Sachs Global
Industrials Conference 2011

PORTLAND, Ore., Oct. 31, 2011 (GLOBE NEWSWIRE) -- Mark Donegan, chairman and
chief executive officer of Precision Castparts Corp. (NYSE:PCP), will discuss
current business conditions at the Goldman Sachs Global Industrials Conference
2011 in Boston on November 2, 2011, at 8:45 a.m. ET.

This discussion may include some information not previously released in a public
forum. Goldman Sachs is making the audio webcast available on the Internet
through the following link:

http://cc.talkpoint.com/gold006/110211a_lr/?entity=26_1W4DU6V

A link to the webcast will also be posted on PCC's website at:

http://www.precast.com/investors/presentations/

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, manufactures extruded seamless pipe, fittings,
forgings, and clad products for power generation and oil & gas applications, 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