1st Quarter Fiscal ’03 EPS up 10% Moog Receives Aircraft Contracts Worth $36 Million  Moog Signs Agreement to Purchase Assets of Northrop Grumman’s Poly-Scientific Division Moog Closes Sale on Two Million Class A Shares FY ’04 Earnings Forecast between $3.10 and $3.30 per share 2O Net Profit $10.3 Million Work on Joint Strike Fighter Drives Revenue Growth Business News Business News Business News Business News Moog Receives $113 Million Contract for Joint Strike Fighter Business News 4th Quarter Earnings up 15% 3rd Quarter Earnings up 10% 2nd Quarter EPS up 10% Fiscal ’02 Net Earnings up 16% KEY INVESTMENT CONSIDERATIONS FY '03 HEADLINES m