Sequa Corporation Announces Early Tender Results of Tender Offers and Consent Solicitation for Its 11.75% Senior Notes Due 2015

Sequa Corporation Announces Early Tender Results of Tender Offers and Consent
Solicitation for Its 11.75% Senior Notes Due 2015 and 13.50% Senior PIK Notes
                                   Due 2015

PR Newswire

NEW YORK, Dec. 12, 2012

NEW YORK, Dec. 12, 2012 /PRNewswire/ --Sequa Corporation (the "Company" or
"Sequa") today announced the results, as of 5:00 P.M., Eastern Time, on
December 11, 2012 (the "Early Tender Deadline"), of its previously announced
tender offers and consent solicitation for its 11.75% Senior Notes due 2015
(the "11.75% Notes") and its 13.50% Senior PIK Notes due 2015 (the "13.50%
Notes," and together with the 11.75% Notes, the "Notes").

As of the Early Tender Deadline, Sequa received valid tenders and consents
from holders of $488,396,000 in aggregate principal amount of 11.75% Notes,
representing 97.7% of the outstanding aggregate principal amount of 11.75%
Notes, and $233,458,836 in aggregate principal amount of 13.50% Notes,
representing 90.5% of the outstanding aggregate principal amount of 13.50%
Notes.

Sequa expects to accept for purchase all Notes validly tendered and not
withdrawn prior to the Early Tender Deadline (and all related consents) on
December 19, 2012 (the "Initial Payment Date"). The Initial Payment Date may,
if the Company so elects, be on another business day following the Early
Tender Deadline but before the Expiration Time (as defined below).

The consents received from holders exceed the amount needed to adopt the
proposed base amendments to the indenture governing the Notes. Accordingly,
Sequa has executed a supplemental indenture for the Notes effecting the
proposed base amendments with respect to the Notes. The supplemental
indenture will become operative upon payment for the tendered Notes accepted
for purchase. The supplemental indenture will eliminate substantially all of
the restrictive covenants and certain events of default contained in the
indenture. In addition, the Supplemental Indenture will provide that a notice
of redemption to Holders whose Notes are to be redeemed will be permitted to
be provided not less than 3 days before a redemption date instead of not less
than 30 days before a redemption date as currently required under the
Indenture.

The tender offers remain open and are scheduled to expire at 11:59 P.M.,
Eastern Time, on December 26, 2012, unless extended or earlier terminated (the
"Expiration Time"). Holders who validly tender their Notes and deliver their
consents after the Early Tender Deadline but by the Expiration Time will
receive the offer consideration of $1,004.38 and $1,008.75 per $1,000
principal amount of 11.75% Notes and 13.50% Notes, respectively, plus accrued
and unpaid interest, if such Notes are accepted for purchase, and therefore
will not receive the early tender payment of $30.00 per $1,000 principal
amount of Notes.

Withdrawal rights for the tender offers and consent solicitation expired at
5:00 P.M., Eastern Time, on December 11, 2012. Accordingly, holders may not
withdraw Notes or revoke consents previously or hereafter tendered and
delivered except as contemplated in the Offer to Purchase and Consent
Solicitation Statement or as required by law.

The tender offers are subject to the satisfaction or waiver of certain
conditions, including a financing condition and general conditions. The
complete terms and conditions of the tender offers and consent solicitation
are described in the Offer to Purchase and Consent Solicitation Statement
dated November 28, 2012 and the related Consent and Letter of Transmittal,
copies of which may be obtained by contacting D.F. King & Co., Inc., as Tender
Agent and Information Agent, at (800) 769-4414 (U.S. toll-free) or (212)
269-5550 (banks and brokers). The Offer to Purchase and Consent Solicitation
Statement and related Consent and Letter of Transmittal also address certain
U.S. federal income tax consequences. Holders should seek their own advice
based on their particular circumstances from an independent tax advisor.

Sequa has retained Barclays Capital Inc. to serve as the Dealer Manager for
the tender offers and consent solicitation. Questions regarding the tender
offers and consent solicitation may be directed to Barclays Capital Inc. at
(800) 438-3242 (U.S. toll-free) or (212) 528-7581 (collect). You may also
contact your broker, dealer, commercial bank or trust company or other nominee
for assistance.

None of Sequa, the Dealer Manager, the Tender Agent or the Information Agent
makes any recommendation as to whether holders should tender their Notes
pursuant to the tender offers or consent to the proposed indenture amendments,
and no one has been authorized by any of them to make such recommendations.
Holders must make their own decisions as to whether to tender Notes and
deliver consents, and, if so, the principal amount of Notes to tender.

This press release does not constitute an offer to purchase, a solicitation of
an offer to sell nor a solicitation of consents with respect to, any Notes or
other securities, nor shall there be any purchase of Notes or solicitation of
consents in any state or jurisdiction in which such offer, solicitation or
purchase would be unlawful prior to the registration or qualification under
the securities laws of any such jurisdiction. The tender offers and consent
solicitation are being made solely by the Offer to Purchase and Consent
Solicitation Statement dated November 28, 2012 and related Consent and Letter
of Transmittal. In any jurisdiction where the laws require the tender offers
and consent solicitation to be made by a licensed broker or dealer, they will
be deemed made on behalf of Sequa by Barclays Capital Inc. or one or more
registered brokers or dealers under the laws of such jurisdiction. The tender
offers and consent solicitation are not being made in any jurisdiction in
which the making or acceptance thereof would not be in compliance with the
laws of such jurisdiction.

About Sequa

Sequa Corporation is a diversified industrial company that operates in the
aerospace and metal coatings industries. Sequa Corporation is owned by The
Carlyle Group. For additional information visit www.sequa.com.

Forward-Looking Statements

Statements in this press release (or otherwise made by the Company or on its
behalf) that are not historical facts, including statements regarding the
Company's estimates, expectations, beliefs, intentions, projections or
strategies for the future may be "forward-looking statements". The words
"expects", "believes", "plans", "anticipates", and similar expressions are
intended to identify forward-looking statements. All forward-looking
statements involve a number of risks and uncertainties that could cause actual
results to differ materially from the estimates, expectations, beliefs,
intentions, projections and strategies reflected in or suggested by the
forward-looking statements.

These risks and uncertainties include, but are not limited to, the cyclical
nature of the Company's business and inability to predict the timing or
severity of future economic downturns, significant amount of indebtedness and
related debt service obligations, participation in markets that are
competitive, ability to comply with governmental regulations and the
government's ability to revoke important authorizations and approvals if the
Company is unable to comply, increases in costs or disruptions of the supply
of the Company's raw materials, risks associated with the Company's
multi-year, fixed-price contracts and other material agreements to which the
Company is a party, economic, political and other developments associated with
its international operations, and other risks and uncertainties, including
those listed in the Company's Annual Report for the year ended December 31,
2011 under the caption "Risk Factors." The Company believes that all
forward-looking statements are based on reasonable assumptions when made;
however, the Company cautions that it is impossible to predict actual results
or outcomes or the effects of risks, uncertainties or other factors on
anticipated results or outcomes and that, accordingly, one should not place
undue reliance on these statements. Forward-looking statements speak only as
of the date they were made, and the Company undertakes no obligation to update
these statements in light of subsequent events or developments. Actual results
and outcomes may differ materially from anticipated results or outcomes
discussed in any forward-looking statement. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed under "Risk Factors" and "Management's Discussion and Analysis of
Financial Condition and Results of Operations" in the Company's Annual Report
for the year ended December 31, 2011 and Quarterly Reports for the quarters
ended March 31, 2012, June 30, 2012 and September 30, 2012, which are
available as explained in the Offer to Purchase and Consent Solicitation
Statement under "Where You Can Find More Information".

Caution should be taken not to place undue reliance on forward-looking
statements, which represent the Company's views only as of the date of this
release, and which the Company has no current intention to update.

MEDIA CONTACT:
Andrew Farrant
(646) 283-0134
andrew_farrant@sequa.com

SOURCE Sequa Corporation

Website: http://www.sequa.com