Firth Rixson Announces Long Term Purchasing Agreement with Honeywell Aerospace

SHEFFIELD, England and EAST HARTFORD, Connecticut, April 18, 2011 - Firth Rixson, a leading Aerospace industry supplier of highly engineered
forged and specialty metal products, has recently signed a new long term
purchasing agreement with Honeywell Aerospace. The agreement meets Honeywell
sourcing objectives, provides localized support to Honeywell sites from Firth
Rixson's US sites and expanding Eastern European presence, and also aligns
Firth Rixson and Honeywell strategically for future additional growth.
Spanning ten years, Firth Rixson estimates the new agreement will encompass
over $300 million in forging sales, and is underpinned by an award of new
business that includes market share gains in Aerospace rolled rings.

Firth Rixson CEO David C. Mortimer, in commenting on the agreement, said,
"This agreement achieves revenue stabilization for Firth Rixson in an Aero
market segment that is of great importance to our strategic goals. Further,
it enhances a robust business base in our Ring Division operating units. We
have again demonstrated our ability to support our customers' global sourcing
initiatives, and look forward to the next decade of additional growth
opportunity with Honeywell."

Note to Editors

Headquartered in Sheffield, UK, Firth Rixson serves customers worldwide
in market sectors such as Aerospace, Defense, Power Generation,
Transportation, Petrochemical, Medical and General Industrial. Firth Rixson
operates 12 manufacturing facilities in North America, United Kingdom, Europe
and Asia.

Firth Rixson Limited (www.firthrixson.com) is owned by Oak Hill
Capital Partners (www.oakhillcapital.com).

Andy Blanda, +1-860-970-4115