September 9, 1999

FOR IMMEDIATE RELEASE SEPTEMBER 9, 1999

CONTACT:

Richard E. Leone
Manager Investor Relations
330.544.7622

RTI INTERNATIONAL ANNOUNCES FUTURE SECURITIES "SHELF" REGISTRATION FILING WITH THE SEC

Niles, Ohio - RTI International Metals, Inc., (NYSE: RTI) announced today that it has filed with the future securities. The registration would permit RTI to issue up to $100 million of debt and/or equity at an unspecified future date. Once the registration statement becomes effective, the proceeds of any such issuance could be used to finance acquisitions, capital investments or other general purposes.

President and CEO Timothy G. Rupert said, "We have no immediate need for new debt or equity. However, we have made several acquisitions during the last two years and continue to look for similar opportunities to grow and diversify RTI. Should we find and choose to finance acquisitions through public debt or equity, we want to be able to respond quickly. Making this filing at this time gives us that ability."

This notice shall not be deemed to be an offer of any securities for sale. Any such offering will be made only by means of prospectus.

RTI International Metals, Inc., headquartered in Niles, Ohio, through its various subsidiaries, manufactures and distributes titanium and specialty metal mill products, and extruded shapes, as well as engineered systems for energy-related markets. The Company's products are used for aerospace, industrial and consumer applications.

Back to year 1999 Press Releases