19 July 2004

The name changes include:

Previous Name New Name

King Fifth Wheel                           Smiths Aerospace Components - Mountaintop

Tru-FormTM                                  Smiths Aerospace Components - Tru-FormTM

Reynolds Rings                            Smiths Aerospace Components - Tyseley

Valley Manufacturing Corp.          Smiths Aerospace Components - Wilkes-Barre

NCI, Inc.                                         Smiths Aerospace Components - Asheville

KFW Canada                                 Smiths Aerospace Components - Orillia

Tri-Industries, Inc.                         Smiths Aerospace Components - Terre Haute

Dynamic Gunver Technologies     Smiths Aerospace Components - Manchester

Dionar                                            Smiths Aerospace Components - Poland

These changes are consistent with earlier renaming of AIT to Smiths Aerospace Components - Burnley and the creation of Smiths new facility in China, Smiths Aerospace Components - Suzhou.

Peter Wright, president of Smiths Aerospace Components commented, "Since our Smiths / TI Group merger in December 2000, Smiths has been an excellent parent company supporting us with record levels of capital, despite the market downturn. Much of our success in the future will depend on our customers identifying each of our companies with Smiths Group."

About Smiths: Smiths Aerospace, a part of Smiths Group plc, is the leading transatlantic aerospace systems and equipment company, with more than 9,000 staff and $1.6 billion revenues split between Europe and North America. The company holds key positions in the supply chains of all major military and civil aircraft and engine manufacturers and are world-leaders in electronic and mechanical systems, precision components and Systems Customer Services. www.geaviationsystems.com