Niles, Ohio - RMI Titanium Company (NYSE; RTI) announced today that it has secured a series of long term supply agreements for its aerospace products extending beyond the year 2000.

RMI has entered into an agreement with Boeing Commercial Airplane Group whereby RMI will supply Boeing and its family of commercial suppliers with up to 4.5 million pounds of titanium products annually. The agreement, beginning in 1999, will have an initial term of five years and, subject to review by the parties in the fourth year, could be extended for an additional five years. Under the accord, Boeing will receive firm prices in exchange for RMI receiving a minimum volume commitment of 3.25 million pounds per year, or approximately 50% of current levels.

RMI has also been selected by military aircraft producers Boeing and Northrop as the principal supplier of titanium alloy plate and alloy sheet, including just-in-time, cut-to-size products, for the C-I 7 Transport, F-I 5 Eagle and the F/A 1 8 Hornet programs. The Hornet program includes the new E/F version which utilizes considerably more titanium than earlier C~D models. The agreement will begin with May 1999 requirements and runs through April 2001.

In another accord, RMI, through its French subsidiary, Reamet, has been chosen by Aerospatiale as major supplier of the titanium flat rolled products required for its Airbus programs beginning in 1999 and extending through 2001. Requirements are principally for flat-rolled products, including value added cut-to-size shapes.

Most of RMI's expected shipments for 1998 are already included in its order backlog. The agreements announced today, along with similar contracts under discussion, are expected to provide RMI with a stable base of aerospace business in 1999 and beyond at favorable prices that will reduce the effects of aerospace cyclicality while RMI continues its development of new applications for titanium in oil and gas, lightweight armor and other emerging markets.

This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties including, but not limited to, cyclicality of commercial aerospace, uncertain defense spending and global economic conditions. These and other uncertainties and risks are described in the Company's filings with the Securities and Exchange Commission, copies of which are available from the SEC or may be obtained upon request from the Company.

RMI Titanium Company, headquartered in Niles, Ohio, manufactures titanium mill products, hot-formed and superplastically formed parts, and engineered systems for energy-related markets. The Company's products are used for fabricated components in commercial and military aircraft and engines, energy exploration and refining, chemical processing equipment, pulp and paper production facilities, medical implants and consumer goods.