Firth Rixson and Techspace Aero Execute Multi Year Ring Agreement

SHEFFIELD, England and EAST HARTFORD, Connecticut, June 22, 2011 -

Firth Rixson and Techspace Aero S.A. have signed a multi-year
purchasing agreement valued at more than ~ $100 M today during the
49th International Paris Air Show. Under the terms of the
agreement, Firth Rixson will supply Techspace Aero with forged
rings and cases for multiple engine programs. The agreement with
Techspace Aero, a major designer and producer of aero and space
engine equipment and modules, will extend through 2015.

David C. Mortimer, CEO of Firth Rixson, commented, “Firth Rixson
continues to build the operational excellence that creates
competitive advantages and customer confidence within the Aero
market. We are proud to extend our strong partnership with
Techspace Aero into the future.”

Note to Editors

Headquartered in Sheffield, UK, Firth Rixson serves customers
worldwide in the Aerospace market sector, and provides forgings and
metal products to industries requiring highly engineered material
applications. Firth Rixson owns 12 operating facilities in North
America, Europe and Asia.

Firth Rixson Limited ( href="www.firthrixson.com/">www.firthrixson.com)
is owned by Oak Hill Capital Partners ( href="www.oakhillcapital.com/">www.oakhillcapital.com).

Andy Blanda, +1-860-970-4155