Triumph Group, Inc. Financial Highlights ($ in thousands, except per share data) Results for Year: Mar 96 Mar 97 Mar 98 Mar 99 Mar 00 Mar 01 Mar 02 ** Sales $186,774 $250,478 $329,458 $400,108 $441,699 $560,615 $612,770 Earnings before Interest, Taxes, Depreciation & Amortization $ 19,746  $ 33,680  $ 52,674  $ 72,958  $ 81,410  $107,684  $111,286  % of Sales 11% 13% 16% 18% 18% 19% 18% Depreciation and Amortization $ 3,535  $ 6,073  $ 9,148  $ 14,386  $ 19,737  $ 26,190  $ 21,710  Pro forma Depreciation and Amortization * $ 3,377  $ 5,353  $ 7,647  $ 10,799  $ 14,469  $ 19,065  $ 21,710  Operating Income  $ 16,211  $ 27,607  $ 43,526  $ 58,572  $ 61,673  $ 81,494  $ 89,576  % of Sales 9% 11% 13% 15% 14% 15% 15% Pro forma Operating Income * $ 16,369  $ 28,327  $ 45,027  $ 62,159  $ 66,941  $ 88,619  $ 89,576  % of Sales 9% 11% 14% 16% 15% 16% 15% Net Income  $ 9,690  $ 11,077  $ 24,612  $ 33,147  $ 34,602  $ 39,214  $ 52,655  % of Sales 5% 4% 7% 8% 8% 7% 9% Pro forma Net Income * $ 9,782  $ 11,538  $ 25,725  $ 35,843  $ 38,732  $ 44,506  $ 52,655  % of Sales 5% 4% 8% 9% 9% 8% 9% EPS - diluted  $ 1.37  $ 1.09  $ 2.19  $ 2.62  $ 2.79  $ 3.11  $ 3.31 Pro forma EPS - diluted * $ 1.39  $ 1.15  $ 2.29  $ 2.83  $ 3.12  $ 3.52  $ 3.31  Weighted Shares - diluted (in thousands) 6,514  8,146  11,231  12,646  12,397 12,629  15,918  Cash Flow from Operations $ 16,101  $ 8,149  $ 13,579  $ 34,196  $ 36,660  $ 26,223  $ 77,826  Capital Expenditures $ 1,897  $ 8,183  $ 14,220  $ 19,489  $ 14,736  $ 27,073  $ 32,642  Year-End Position: Working Capital $ 60,379  $ 56,288  $ 92,171  $ 93,457  $123,001  $174,326  $181,725  Current Ratio 2.3 2.4 2.6 2.1 2.4 2.4 2.6 Property & Equipment at cost $ 43,270  $ 59,453  $ 94,728  $131,769  $161,318  $207,484  $242,502  Property & Equipment, net $ 36,552  $ 48,349  $ 78,829  $107,123  $122,787  $157,519  $176,061  Cash $ 539 $ 993 $ 4,642 $ 4,953 $ 6,279 $ 4,819 $ 6,913 Debt, net of Cash $ 98,230  $ 23,399  $ 29,856  $ 88,055  $132,529  $171,503  $151,343  Stockholders’ Equity $ 15,065  $ 91,413  $182,879  $214,777  $244,370  $389,891  $453,501  Capital $113,295 $114,812 $212,735 $302,832 $376,899 $561,394 $604,844 Net Debt to Capital Ratio 87% 20% 14% 29% 35% 31% 25% Book Value per Common Share $ 2.31  $ 9.38  $ 15.37  $ 18.13  $ 20.94  $ 25.38  $ 28.67  Employees 1,629 1,480 2,071 2,506 2,736 3,601 3,679 Sales per Employee $ 115  $ 169  $ 159  $ 160  $ 161  $ 156  $ 167  * Results reflected as if SFAS 142 had been adopted ** Before Special Charge of $5,044 pretax 1