Jay Khetani Named Vice President of Investor Relations for Precision Castparts Corp.

Jay Khetani Named Vice President of Investor Relations for Precision Castparts

PORTLAND, Ore., May 2, 2013 (GLOBE NEWSWIRE) -- Jay Khetani has been named
vice president of Investor Relations for Precision Castparts Corp. (NYSE:PCP),
effective May 2, 2013. Khetani succeeds Dwight Weber, who will retire at the
end of 2013, after more than 18 years with the Company. Weber will continue to
be involved in an advisory role.

Khetani joined Precision Castparts Corp. (PCC) in May 2012 as director of
Business Development for the Forged Products segment. He received a BA from
Kenyon College and a MBA from the University of Michigan. Prior to joining
PCC, he was a principal at Sirios Capital Management in Boston, and, prior to
that, a vice president at Cowen & Co., also in Boston.

Khetani can be reached at 503-946-4700, or at jkhetani@precastcorp.com.

Precision Castparts Corp. is a worldwide, diversified manufacturer of complex
metal components and products. It serves the aerospace, power, and general
industrial markets. PCC is the market leader in manufacturing large, complex
structural investment castings, airfoil castings, forged components and highly
engineered, critical fasteners for aerospace applications. The Company is also
the leading producer of airfoil castings for the industrial gas turbine
market. In addition, PCC manufactures extruded seamless pipe, fittings,
forgings, and clad products for power generation and oil & gas applications;
commercial and military airframe aerostructures; and metal alloys and other
materials to the casting, forging, and other industries.

Information included within this press release describing the projected growth
and future results and events constitutes forward-looking statements, within
the meaning of the Private Securities Litigation Reform Act of 1995. Actual
results in future periods may differ materially from the forward-looking
statements because of a number of risks and uncertainties, including but not
limited to fluctuations in the aerospace, power generation, and general
industrial cycles; the relative success of our entry into new markets;
competitive pricing; the financial viability of our significant customers; the
concentration of a substantial portion of our business with a relatively small
number of key customers; the impact on the Company of customer or supplier
labor disputes; demand, timing and market acceptance of new commercial and
military programs, including the Boeing 787; the availability and cost of
energy, raw materials, supplies, and insurance; the cost of pension and
postretirement medical benefits; equipment failures; product liability claims;
relations with our employees; our ability to manage our operating costs and to
integrate acquired businesses in an effective manner, including the ability to
realize expected synergies; misappropriation of our intellectual property
rights; governmental regulations and environmental matters; risks associated
with international operations and world economies; the relative stability of
certain foreign currencies; the impact of adverse weather conditions or
natural disasters; the availability and cost of financing; and implementation
of new technologies and process improvements. Any forward-looking statements
should be considered in light of these factors. We undertake no obligation to
update any forward-looking information to reflect anticipated or unanticipated
events or circumstances after the date of this document.

Precision Castparts Corp.'s press releases are available on the Internet at
Globe Newswire's website – http://www.globenewswire.com or PCC's home page at
http://www.precast.com. If you wish to be removed from this list, please reply
to Unsubscribe@precastcorp.com.

CONTACT: Jay Khetani
         Vice President of Investor Relations
         (503) 946-4700
         Website: http://www.precast.com

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