Q3 2005

Niles, Ohio – RTI International Metals, Inc., (NYSE: RTI) released results today for the third quarter of 2005.

The Company reported a net income for the third quarter of $8.7 million, or $0.38 per share, on sales of $81.2 million. Results for the third quarter of 2004 were a loss of $2.2 million, or $0.10 per share, on sales of $51.0 million.

The Titanium Group shipped 3.0 million pounds of mill products at an average realized price of $15.04 per pound during the quarter. Third quarter sales of $86.4 million, including intercompany sales of $55.4 million, generated operating income of $11.0 million. During the same period a year ago, the Group had an operating loss of $1.0 million on sales of $37.6 million, including $25.1 million of intercompany sales.

The Fabrication & Distribution Group had operating income of $2.6 million on sales of $50.2 million during the third quarter. For the same period in 2004, the Group had an operating loss of $1.3 million on sales of $38.5 million.

Commenting on the quarter, Timothy G. Rupert, President and CEO, said, “Titanium markets, led by commercial aerospace, continue to exhibit strong demand. During the quarter, Boeing and Airbus received orders for 343 more large commercial aircraft and Airbus has formally launched its A350, a new widebody airliner. RTI’s shipments grew again in the third quarter at increased prices. This trend is also reflected in RTI’s order book which grew another 22% during the quarter to $428 million. As expected, ferro-titanium sales were down from the first half of the year, despite an increase in scrap prices, due to reduced activity in the steel industry.”

The statements in this release relating to matters that are not historical facts are forward-looking statements that may involve risks and uncertainties. These include, but are not limited to, the current impact of global events on the commercial aerospace industry, military spending, global economic conditions, the competitive nature of the markets for specialty metals, the design and effectiveness of the Company’s internal control over financial reporting, and other risks and uncertainties included in the Company’s filings with the Securities and Exchange Commission. Actual results can differ materially from those forecasted or expected.

RTI International Metals^®, headquartered in Niles, Ohio, is one of the world’s largest producers of titanium. Through its various subsidiaries, RTI manufactures and distributes titanium and specialty metal mill products, extruded shapes, formed parts and engineered systems for aerospace, industrial, defense, energy, chemical and consumer applications for customers around the world. To learn more about RTI International Metals, Inc., visit our website at www.rtiintl.com.

NOTE: RTI International Metals, Inc. has scheduled a conference call for Tuesday, November 1, 2005, at 11:00 a.m., Eastern Time, to discuss this press release. To participate in the call, please dial toll free (USA/Canada) 800-938-0653 or (International) 973-935-2408 a few minutes prior to the start time and specify the RTI International Metals Conference Call. Replay of the call will be available until 11:59 p.m., Eastern Time, on Tuesday, November 8, 2005, by dialing (USA/Canada) 877-519-4471 or (International) 973-341-3080 and Digital Pin Code 6640812.


RTI INTERNATIONAL METALS, INC.
CONDENSED CONSOLIDATED STATEMENT OF INCOME (Unaudited)
(Dollars in thousands)


				QUARTER ENDED		NINE MONTHS ENDED
				SEPTEMBER 30,		SEPTEMBER 30,
				2005	2004	2005	2004

	Sales			$ 81,167	$ 50,951	$ 249,694	$ 153,290
	Cost of sales			54,283	43,302	172,295	134,587
	Gross profit			26,884	7,649	77,399	18,703
	Selling, general and
		administrative expenses		12,914	10,064	34,598	26,443
	Research, technical and
		product development expenses		392	281	1,175	865
	Other operating income - net			-	420	-	517
	Operating income (loss)			13,578	(2,276)	41,626	(8,088)
	Other income - net			78	149	531	9,521
	Interest income			274	67	670	93
	Income (loss) before income taxes			13,930	(2,060)	42,827	1,526
	Provision for income taxes			5,268	8	15,186	624
	Net income (loss) from continuing operations			8,662	(2,068)	27,641	902
	Net (loss) income from discontinued operations			-	(99)	-	139
	Net income (loss)			$ 8,662	$ (2,167)	$ 27,641	$ 1,041

	Net income per common share:
			Basic	$ 0.38	$ (0.10)	$ 1.24	$ 0.05

			Diluted	$ 0.38	$ (0.10)	$ 1.22	$ 0.05

	Weighted Average Shares
		outstanding (in thousands):
			Basic	22,526	21,221	22,252	21,177

			Diluted	22,945	21,509	22,692	21,476

CONSOLIDATED BALANCE SHEET
(Dollars in thousands)

					SEPTEMBER 30,	DECEMBER 31,
					2005	2004
					(Unaudited)	(Audited)
	ASSETS:
		Current assets
			Cash and cash equivalents		$ 37,648	$ 62,701
			Accounts receivable, net		53,701	44,490
			Inventories		208,820	133,512
			Current deferred income tax assets		1,145	1,145
			Income tax receivable		2,462	3,321
			Other current assets		6,445	3,597
		Total current assets			310,221	248,766
			Property, plant and equipment, net		81,393	82,593
			Goodwill		48,733	46,618
			Other intangible assets, net		16,788	16,040
			Noncurrent deferred income tax assets		3,012	3,012
			Intangible pension asset		3,365	3,365
			Other noncurrent assets		2,570	3,099
		Total assets			$ 466,082	$ 403,493

	LIABILITIES AND SHAREHOLDERS' EQUITY:
		Current liabilities
			Accounts payable		$ 24,894	$ 14,253
			Accrued liabilities		27,807	16,069
		Total current liabilities			52,701	30,322
			Long-term debt		-	-
			Accrued postretirement benefit cost		20,827	20,811
			Accrued pension cost		14,798	21,090
			Other noncurrent liabilities		6,122	7,312
		Total liabilities			94,448	79,535
		Total shareholders' equity			371,634	323,958
		Total liabilities and shareholders' equity			$ 466,082	$ 403,493



CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited)
(Dollars in thousands)

					NINE MONTHS ENDED
					SEPTEMBER 30,
					2005	2004
	Cash (used in) provided by operating activities
		(adjustment for items not affecting funds
		from operations of $10,037 and $9,294 respectively)			$ (34,318)	$ 13,506
	Cash used in investing activities (net of asset
		disposals of $5 and $579 respectively)			(7,925)	(5,840)
	Cash provided by financing activities				16,716	2,565
	Effect of exchange rate changes				474	168
	(Decrease) increase in cash and cash equivalents				(25,053)	10,399
	Cash and cash equivalents at beginning of period				62,701	67,970
	Cash and cash equivalents at end of period				$ 37,648	$ 78,369



# # #