CORRECTING and REPLACING EnPro Industries Reports Results for the Second Quarter of 2013

  CORRECTING and REPLACING EnPro Industries Reports Results for the Second
  Quarter of 2013

  *GAAP EPS was $0.35 compared to $0.47 in the second quarter of 2012; before
    selected items, second quarter EPS improved to $0.87 from $0.76 a year ago
  *Income was reduced by a $6.3 million pre-tax ($4.0 million after-tax)
    adjustment to an environmental reserve for previously owned businesses
  *Segment profit margin increased to 14.0% in the second quarter from 12.4%
    a year ago reflecting lower costs and better pricing
  *Increased sales to heavy-duty truck markets and of diesel engine
    environmental upgrades were offset by lower demand for high-performance
    sealing products; total sales were about the same as in the second quarter
    of 2012
  *Deconsolidated operations of GST reported third-party sales of $58.2
    million and EBITDA-A of $18.3 million

CORRECTION by...EnPro Industries

Business Wire

CHARLOTTE, N.C. -- August 1, 2013

In the "Outlook" section below, the first sentence should read “As we move
into the second half of 2013, conditions in many of our markets appear to have
stabilized,” said Steve Macadam, president and chief executive officer (sted
“As we move into the second half of 2012, conditions in many of our markets
appear to have stabilized,” said Steve Macadam, president and chief executive
officer).

The corrected release reads:

       ENPRO INDUSTRIES REPORTS RESULTS FOR THE SECOND QUARTER OF 2013

  *GAAP EPS was $0.35 compared to $0.47 in the second quarter of 2012; before
    selected items, second quarter EPS improved to $0.87 from $0.76 a year ago
  *Income was reduced by a $6.3 million pre-tax ($4.0 million after-tax)
    adjustment to an environmental reserve for previously owned businesses
  *Segment profit margin increased to 14.0% in the second quarter from 12.4%
    a year ago reflecting lower costs and better pricing
  *Increased sales to heavy-duty truck markets and of diesel engine
    environmental upgrades were offset by lower demand for high-performance
    sealing products; total sales were about the same as in the second quarter
    of 2012
  *Deconsolidated operations of GST reported third-party sales of $58.2
    million and EBITDA-A of $18.3 million

EnPro Industries (NYSE: NPO) today reported consolidated sales of $305.8
million in the second quarter of 2013, a 1% increase over the second quarter
of 2012 when sales were $301.7 million. The increase primarily reflects the
contribution of a full quarter of sales from an acquisition completed in
mid-April 2012, but sales also benefited from stronger demand for heavy-duty
truck products and increased sales of diesel engine environmental upgrades.
These improvements were largely offset by lower demand for the company’s
high-performance sealing products, especially in the semiconductor market.

Segment profits increased 14% to $42.7 million in the second quarter of 2013.
Segment profit margins also increased, improving to 14.0% from 12.4% in the
second quarter of 2012. The improvement in profits and margins reflects the
benefits of the company’s initiatives to improve pricing and reduce costs in
its operations.

Net income in the second quarter of 2013 was $8.0 million, or $0.35 a share,
compared to net income of $10.2 million, or $0.47 a share, in the second
quarter of 2012. Net income in the second quarter of 2013 was reduced by an
adjustment to an environmental reserve for previously owned businesses of $6.3
million, before tax ($4.0 million after-tax).

Before selected items, including interest due to Garlock Sealing Technologies
LLC (GST), a deconsolidated subsidiary, restructuring costs and the
environmental reserve adjustment, net income improved by 17% to $19.5 million,
or $0.87 a share, in the second quarter of 2013. In the second quarter of
2012, net income before selected items was $16.7 million, or $0.76 a share.

A table attached to this press release shows the effect of selected items on
the company’s results in the second quarters and first six months of 2013 and
2012. All per share amounts are stated on a diluted basis.

Consolidated earnings before interest, income taxes, depreciation and
amortization and other selected items (adjusted EBITDA) were $48.4 million in
the second quarter of 2013, a 13% improvement over the second quarter of 2012,
when adjusted EBITDA was $43.0 million.

GST and its subsidiaries, which were deconsolidated effective June 5, 2010,
when they entered a process to reach a permanent resolution of all current and
future asbestos claims, reported third-party sales of $58.2 million in the
second quarter of 2013, a 2% increase from the second quarter of 2012. GST’s
operating income improved by 24% to $16.6 million in the second quarter of
2013.

Six Months Results

Sales for the first six months of 2013 were $592.7 million, a decrease of
$20.5 million or 3% from the first half of 2012. Excluding the contribution of
the Motorwheel acquisition, which was completed in April 2012, sales declined
by 6% from the first half of 2012. The decline primarily reflects a change in
market conditions from the strong first half of 2012, when the company
benefited from higher demand for semiconductor products, more favorable
conditions in the company’s European markets and higher engine revenues in the
Engine Products and Services segment.

Segment profits were $74.6 million in the first half of 2013, a decline of 8%
from the same period in 2012. Segment profit margins decreased to 12.6% from
13.2% primarily because of lower volumes and a less favorable product mix at
all operations. These factors were partially offset by better pricing and
lower selling, general and administrative expense.

Adjusted EBITDA for the first half of 2013 was $84.6 million, about a 5%
decrease from the first half of 2012 when adjusted EBITDA was $89.5 million.

Net income for the first six months of the year was $16.6 million, or $0.74 a
share, about 31% less than net income of $24.0 million, or $1.11 a share, in
the first six months of 2012. Before selected items, net income in the first
half of 2013 was $32.0 million, or $1.43 a share, 12% less than in the first
half of 2012, when net income before selected items was $36.2 million, or
$1.67 a share.

Sealing Products Segment

($ Millions)  Quarter Ended          Change  Six Months Ended      
               6/30/2013  6/30/2012            6/30/2013  6/30/2012   Change
Sales          $165.9      $165.1      --       $312.5      $314.6      -1%
EBITDA         $35.2       $30.3       16%      $64.3       $59.2       9%
EBITDA         21.2%       18.4%               20.6%       18.8%       8%
Margin
Segment        $27.7       $22.8       21%      $49.0       $45.3       
Profit
Segment        16.7%       13.8%               15.7%       14.4%       
Margin

Sealing Products segment sales were about the same in the second quarter of
2013 as they were in the second quarter of 2012. The segment benefited from
higher demand for Stemco products sold into North American heavy-duty truck
markets and a full quarter of sales from Stemco’s Motorwheel acquisition,
which closed in mid-April 2012. Excluding Motorwheel, the segment’s sales were
down about 1% as increased demand at Stemco was more than offset by weaker
demand for the Technetics Group’s high performance products, particularly from
the semiconductor industry.

The segment’s profits increased by 21% from the second quarter of 2012.
Segment profit margins grew to 16.7% from 13.8% in the second quarter of 2012,
when the segment recorded a total of $1.8 million for restructuring expense
and an adjustment to the fair value of inventory related to the Motorwheel
acquisition. Segment profits also benefited from lower operating costs, a more
attractive product mix and modest price increases.

The segment’s sales in the first half of the year were down slightly as
reduced demand at Technetics and the consolidated Garlock operations more than
offset the contribution of the Motorwheel acquisition and improvement in
demand for Stemco’s core products. However, segment profits and profit margins
improved as the segment benefited from the contribution of Motorwheel,
improved operating efficiencies and better pricing.

Engineered Products Segment

($ Millions)  Quarter Ended          Change  Six Months Ended      
               6/30/2013  6/30/2012            6/30/2013  6/30/2012   Change
Sales          $95.1       $95.1       --       $186.9      $195.7      -4%
EBITDA         $14.3       $12.4       15%      $25.6       $26.7       -4%
EBITDA         15.0%       13.0%               13.7%       13.6%       
Margin
Segment        $8.6        $6.8        26%      $14.4       $15.8       -9%
Profit
Segment        9.0%        7.2%                7.7%        8.1%        
Margin

Sales in the Engineered Products segment were unchanged from the second
quarter of 2012. At GGB Bearing Technology, better pricing helped to offset
most of the effect of lower demand, which slowed in both North America and
Europe from the high levels experienced in the second quarter of 2012. At CPI,
sales were down slightly as demand from the business’ North American markets
softened.

Profits in the Engineered Products segment profits increased 26% and segment
margins grew to 9.0% from 7.2% in the second quarter of 2012. Segment profits
in the second quarter of 2013 benefited from favorable pricing and improved
operating efficiencies, partially offset by lower volumes.

For the first half of 2013, Engineered Products segment sales declined by 4%
primarily because of low levels of demand in the first quarter from its
European markets and certain markets in North America. Lower volumes at both
GGB and CPI and cost increases at GGB reduced segment profits and profit
margins in the first half of 2013.

Engine Products and Services Segment

($ Millions)  Quarter Ended          Change  Six Months Ended      
               6/30/2013  6/30/2012            6/30/2013  6/30/2012   Change
Sales          $45.0       $42.1       7%       $94.4       $104.1      -9%
EBITDA         $7.4        $8.5        -13%     $13.0       $21.1       -38%
EBITDA         16.4%       20.2%               13.8%       20.3%       
Margin
Segment        $6.4        $7.8        -18%     $11.2       $19.6       -43%
Profit
Segment        14.2%       18.5%               11.9%       18.8%       
Margin

In the Engine Products and Services segment, sales improved by 7% over the
second quarter of 2012 as Fairbanks Morse Engine benefited from increased
sales of environmental upgrades and higher service revenues compared to the
prior year. Engine and parts revenues were about the same as in the second
quarter of 2012. All engine revenues in both quarters were recorded under the
percentage of completion method of accounting.

Segment profits decreased by 18% and segment profit margins fell to 14.2% from
18.5% in the second quarter of 2012, largely due to a $1.9 million
restructuring charge related to an early retirement program at Fairbanks
Morse. Excluding this charge, which is expected to result in about $3 million
in annualized savings, segment profit margins were about the same as in the
second quarter of 2012.

The segment’s sales in the first half of 2013 were 9% below the first half of
2012, when the segment recorded higher new engine revenues, including $18.4
million recorded under the completed contract method. All engine revenues in
the first half of 2013 were recorded under the percentage of completion
method. Segment profits and margins declined in the first half of 2013 due to
a less profitable product mix, the effect of a low-margin engine refurbishment
contract and restructuring expenses.

Garlock Sealing Technologies

($ Millions)  Quarter Ended          Change  Six Months Ended      
               6/30/2013  6/30/2012            6/30/2013  6/30/2012   Change
Third Party    $58.2       $56.9       2%       $114.7      $114.5      --
Sales
EBITDA-A       $18.3       $14.8       24%      $32.5       $28.0       16%
EBITDA-A       31.4%       26.0%               28.3%       24.5%       
Margin
Operating      $16.6       $13.4       24%      $29.3       $25.0       17%
Profit
Operating
Profit         28.5%       23.6%                25.5%       21.8%
Margin
Adjusted Net   $11.3       $9.1        24%      $19.9       $16.4       21%
Income

Third party sales at the deconsolidated operations of GST and its subsidiaries
increased by 2% over the second quarter of 2012 reflecting modest increases in
activity in North American markets and better pricing. Lower selling, general
and administrative expenses increased operating profits and operating profit
margins in the second quarter of 2013 compared to a year ago.

GST’s adjusted net income, which excludes intercompany interest income and
expense associated with the asbestos claims resolution process, increased to
$11.3 million. Asbestos-related expenses totaled $13.1 million in the second
quarter of 2013, an increase of $4.3 million from the second quarter of 2012.
These expenses grew as activity in relation to GST’s asbestos liability
estimation trial increased. The trial began on July 22, 2013.

GST’s sales in the first half of 2013 were about the same as in the first half
of 2012, but lower costs led to improved operating profits and profit margins.
GST’s asbestos-related expenses totaled $24.1 million in the first half of
2013.

Cash Flows

EnPro’s cash balance stood at $58.2 million at June 30, 2013 compared to $31.2
million at the end of the second quarter in 2012. Operating activities
provided cash of $5.5 million in the first six months of 2013, the same amount
that they provided in the first half of 2012.

GST finished the first half of 2013 with a cash and investment balance of
$172.8 million dollars, compared with $137.8 million at the end of the second
quarter of 2012.

Outlook

“As we move into the second half of 2013, conditions in many of our markets
appear to have stabilized,” said Steve Macadam, president and chief executive
officer. “In this environment where we expect limited opportunities for
growth, our focus will remain on executing our strategies to improve operating
efficiencies, capturing increasing benefits from new products and new markets
we have gained through acquisition, and taking other steps to achieve higher
levels of profitability.”

Macadam noted that the company expects little if any improvement in the
European markets served by its Sealing Products and Engineered Products
segments for the remainder of the year and only modest increases in activity
in their North American markets compared to the second half of 2012. He also
pointed out that the company expects second half revenues in the Engine
Products and Services segment to decline by more than 10% compared to the
second half of 2012 as a result of lower demand for the segment’s aftermarket
products and services.

Conference Call and Webcast Information

EnPro will hold a conference call today, August 1, at 10:00 a.m. Eastern Time
to discuss second quarter 2013 results. Investors who wish to participate in
the call should dial 1-800-851-4704 approximately 10 minutes before the call
begins and provide conference id number 20427074. A live audio webcast of the
call and accompanying slide presentation will be accessible from the company’s
website, http://www.enproindustries.com. To access the presentation, log on to
the webcast by clicking the link on the company’s home page.

Deconsolidation of Garlock Sealing Technologies LLC

Results for the second quarters and first six months of 2013 and 2012 reflect
the deconsolidation of Garlock Sealing Technologies LLC (GST) and its
subsidiaries, effective June 5, 2010, when GST filed a voluntary petition
under Chapter 11 of the U.S. Bankruptcy Code to begin a process in pursuit of
an efficient and permanent resolution to all current and future asbestos
claims against it. Deconsolidation is required by generally accepted
accounting principles. To aid in comparisons of year-over-year data, the
company has attached a schedule to this press release showing key operating
measures for both EnPro and GST on a pro forma basis.

Non-GAAP Financial Information

This press release contains financial measures that have not been prepared in
accordance with GAAP. They include income before asbestos-related expenses and
other selected items, EBITDA-A, EBITDA and related per share amounts. Tables
showing the effect of these non-GAAP financial measures for second quarters
and first six months of 2013 and 2012 are attached to the release.

Forward-Looking Statements

Statements in this press release that express a belief, expectation or
intention, as well as those that are not historical fact, are forward-looking
statements under the Private Securities Litigation Reform Act of 1995. They
involve a number of risks and uncertainties that may cause actual events and
results to differ materially from such forward-looking statements. These risks
and uncertainties include, but are not limited to: general economic conditions
in the markets served by our businesses, some of which are cyclical and
experience periodic downturns; prices and availability of raw materials; and
the amount of any payments required to satisfy contingent liabilities related
to discontinued operations of our predecessors, including liabilities for
certain products, environmental matters, guaranteed debt payments, employee
benefit obligations and other matters. In addition, adverse developments could
arise in regard to voluntary petitions filed by certain of our subsidiaries in
U.S. Bankruptcy Court to establish a trust that would resolve all current and
future asbestos claims. Our filings with the Securities and Exchange
Commission, including the Form 10-K for the year ended December 31, 2012 and
Form 10-Q for the quarter ended March 31, 2013,, describe these and other
risks and uncertainties in more detail. We do not undertake to update any
forward-looking statement made in this press release to reflect any change in
management's expectations or any change in the assumptions or circumstances on
which such statements are based.

About EnPro Industries

EnPro Industries, Inc. is a leader in sealing products, metal polymer and
filament wound bearings, components and service for reciprocating compressors,
diesel and dual-fuel engines and other engineered products for use in critical
applications by industries worldwide. For more information about EnPro, visit
the company’s website at http://www.enproindustries.com.

EnPro Industries, Inc.                                   
                                                                     
Consolidated Statements of                                       
Operations (Unaudited)
                                                                     
For the Quarters and Six Months
Ended June 30, 2013 and 2012
(Stated in Millions of Dollars,
Except Per Share Data)
                                                                     
                                    Quarters Ended       Six Months Ended
                                     June 30,  June 30,    June 30,  June 30,
                                     2013    2012     2013    2012  
Net sales                            $ 305.8   $ 301.7     $ 592.7   $ 613.2
Cost of sales                         196.6   198.7    389.3   403.0 
                                                                     
Gross profit                          109.2   103.0    203.4   210.2 
                                                                     
Operating expenses:
Selling, general and administrative    75.6      75.8        148.2     149.3
Other                                 2.8     0.8      3.7     2.3   
                                                                     
Total operating expenses              78.4    76.6     151.9   151.6 
                                                                     
Operating income                       30.8      26.4        51.5      58.6
                                                                     
Interest expense                       (11.3 )   (10.9 )     (22.4 )   (21.6 )
Interest income                        0.3       0.1         0.4       0.2
Other expense                         (6.3  )  (0.5  )   (6.3  )  (0.5  )
                                                                     
Income before income taxes             13.5      15.1        23.2      36.7
Income tax expense                    (5.5  )  (4.9  )   (6.6  )  (12.7 )
                                                                     
Net income                           $ 8.0    $ 10.2    $ 16.6   $ 24.0  
                                                                     
                                                                     
Basic earnings per share             $ 0.39   $ 0.50    $ 0.80   $ 1.16  
Average common shares outstanding     20.7    20.7     20.7    20.6  
(millions)
                                                                     
Diluted earnings per share           $ 0.35   $ 0.47    $ 0.74   $ 1.11  
Average common shares outstanding     22.5    21.8     22.4    21.6  
(millions)
                                                                             

EnPro Industries, Inc.
                                                      
Consolidated Statements of Cash Flows (Unaudited)
                                                                     
For the Six Months Ended June 30, 2013 and 2012
(Stated in Millions of Dollars)
                                                                     
                                                            2013    2012  
Operating activities
Net income                                                 $ 16.6    $ 24.0
Adjustments to reconcile net income to net cash
provided by operating activities:
Depreciation                                                 14.8      13.7
Amortization                                                 13.6      12.7
Accretion of debt discount                                   3.7       3.4
Deferred income taxes                                        (6.0  )   0.2
Stock-based compensation                                     (2.5  )   2.7
Excess tax benefits from stock-based compensation            (2.0  )   -
Change in assets and liabilities, net of effects
of acquisitions of businesses:
Accounts receivable                                          (22.9 )   (24.1 )
Inventories                                                  (4.0  )   (12.6 )
Accounts payable                                             3.6       (1.2  )
Other current assets and liabilities                         (4.6  )   (12.0 )
Other non-current assets and liabilities                (4.8  )  (1.3  )
Net cash provided by operating activities               5.5     5.5   
                                                                     
Investing activities
Purchases of property, plant and equipment                   (17.0 )   (13.1 )
Payments for capitalized internal-use software               (3.3  )   (0.7  )
Acquisitions, net of cash acquired                           (2.0  )   (85.3 )
Other                                                   0.2     -     
Net cash used in investing activities                   (22.1 )  (99.1 )
                                                                     
Financing activities
Net proceeds from (repayments of) short-term                 8.7       (0.3  )
borrowings
Proceeds from debt                                           103.5     191.2
Repayments of debt                                           (91.2 )   (96.6 )
Other                                                   2.0     0.2   
Net cash provided by financing activities               23.0    94.5  
                                                                     
Effect of exchange rate changes on cash and cash        (2.1  )  (0.4  )
equivalents
                                                                     
Net increase in cash and cash equivalents                    4.3       0.5
Cash and cash equivalents at beginning of period        53.9    30.7  
Cash and cash equivalents at end of period             $ 58.2   $ 31.2  
                                                                     
                                                                     
Supplemental disclosures of cash flow information:
Cash paid during the period for:
Interest                                                   $ 20.6    $ 19.9
Income taxes                                               $ 12.6    $ 12.5
                                                                             

EnPro Industries, Inc.
                                           
Consolidated Balance Sheets (Unaudited)
                                                         
As of June 30, 2013 and December 31, 2012
(Stated in Millions of Dollars)
                                                         
                                             June 30,    December 31,
                                              2013       2012    
Current assets
Cash and cash equivalents                    $ 58.2      $  53.9
Accounts receivable                            208.2        187.2
Inventories                                    133.8        130.8
Other current assets                         27.5       22.3    
Total current assets                           427.7        394.2
                                                         
Property, plant and equipment                  185.7        185.5
Goodwill                                       216.9        220.4
Other intangible assets                        210.4        222.5
Investment in GST                              236.9        236.9
Other assets                                 123.2      111.4   
Total assets                                $ 1,400.8  $  1,370.9 
                                                         
Current liabilities
Short-term borrowings from GST               $ 17.9      $  10.1
Notes payable to GST                           11.2         10.7
Current maturities of long-term debt           152.7        1.0
Accounts payable                               86.8         83.9
Accrued expenses                             113.3      121.8   
Total current liabilities                      381.9        227.5
                                                         
Long-term debt                                 48.6         184.3
Notes payable to GST                           248.1        237.4
Pension liability                              102.6        112.7
Other liabilities                            63.2       61.9    
Total liabilities                            844.4      823.8   
                                                         
Temporary equity                               19.8         -
                                                         
Shareholders' equity
Common stock                                   0.2          0.2
Additional paid-in capital                     403.2        425.4
Retained earnings                              162.5        145.9
Accumulated other comprehensive loss           (27.9   )    (23.0   )
Common stock held in treasury, at cost       (1.4    )   (1.4    )
Total shareholders' equity                   536.6      547.1   
Total liabilities and shareholders' equity  $ 1,400.8  $  1,370.9 
                                                                    

EnPro Industries, Inc.
                                                             
Segment Information (Unaudited)
                                                                   
For the Quarters and Six Months Ended June 30, 2013 and 2012
(Stated in Millions of Dollars)
                                                                   
                                                                   
Sales                                                       
                   Quarters Ended                  Six Months Ended
                   June 30,                        June 30,
                     2013         2012          2013         2012   
                                                                   
Sealing            $  165.9        $  165.1        $  312.5        $  314.6
Products
Engineered            95.1            95.1            186.9           195.7
Products
Engine Products     45.0         42.1         94.4         104.1  
and Services
                      306.0           302.3           593.8           614.4
Less
intersegment        (0.2   )      (0.6   )      (1.1   )      (1.2   )
sales
                 $  305.8      $  301.7      $  592.7      $  613.2  
                                                                   
                                                                   
Segment Profit                                              
                   Quarters Ended                  Six Months Ended
                   June 30,                        June 30,
                     2013         2012          2013         2012   
                                                                   
Sealing            $  27.7         $  22.8         $  49.0         $  45.3
Products
Engineered            8.6             6.8             14.4            15.8
Products
Engine Products     6.4          7.8          11.2         19.6   
and Services
                 $  42.7       $  37.4       $  74.6       $  80.7   
                                                                   
                                                                   
Segment Margin                                              
                   Quarters Ended                  Six Months Ended
                   June 30,                        June 30,
                     2013         2012          2013         2012   
Sealing               16.7   %        13.8   %        15.7   %        14.4   %
Products
Engineered            9.0    %        7.2    %        7.7    %        8.1    %
Products
Engine Products     14.2   %      18.5   %      11.9   %      18.8   %
and Services
                   14.0   %      12.4   %      12.6   %      13.2   %
                                                                   
                                                                   
Reconciliation
of Segment                                                  
Profit to Net
Income
                   Quarters Ended                  Six Months Ended
                   June 30,                        June 30,
                     2013         2012          2013         2012   
                                                                   
Segment profit     $  42.7         $  37.4         $  74.6         $  80.7
Corporate             (8.5   )        (9.1   )        (17.6  )        (18.2  )
expenses
Interest              (11.0  )        (10.8  )        (22.0  )        (21.4  )
expense, net
Other expense,      (9.7   )      (2.4   )      (11.8  )      (4.4   )
net
                                                                   
Income before         13.5            15.1            23.2            36.7
income taxes
Income tax          (5.5   )      (4.9   )      (6.6   )      (12.7  )
expense
Net income        $  8.0        $  10.2       $  16.6       $  24.0   
                                                                             
Segment profit is total segment revenue reduced by operating expenses and
restructuring and other costs identifiable with the segment.Corporate
expenses include general corporate administrative costs.Expenses not
directly attributable to the segments, corporate expenses, net interest
expense, gains/losses related to the sale of assets, impairments and income
taxes are not included in the computation of segment profit.The accounting
policies of the reportable segments are the same as those for the Company.


EnPro Industries, Inc.
                                                 
Reconciliation of Income Before Selected Items to Net Income (Unaudited)
                                                                  
For the Quarters and Six Months Ended June 30, 2013 and 2012
(Stated in Millions of Dollars, Except Per Share Data)
                                                                  
                                                                  
                      Quarters Ended June 30,
                      2013                          2012                   
                         $         Per share         $        Per share
                                                                  
Income before         $   19.5       $  0.87         $  16.7      $  0.76
selected items
                                                                  
Adjustments (net
of tax):
                                                                  
Restructuring             (1.3    )     (0.06  )        (0.4   )     (0.02  )
costs
                                                                  
Environmental
reserve                   (4.0    )     (0.18  )        (0.3   )     (0.01  )
adjustment
                                                                  
Fair value
adjustment to             -             -               (0.9   )     (0.04  )
acquisition date
inventory
                                                                  
Interest expense
and royalties             (4.9    )     (0.22  )        (4.6   )     (0.21  )
with GST
                                                                  
Other                     (0.4    )     (0.02  )        (0.1   )     (0.01  )
                                                                  
Tax accrual             (0.9    )    (0.04  )      (0.2   )    -      
adjustments
                                                                  
Impact                  (11.5   )    (0.52  )      (6.5   )    (0.29  )
                                                                  
Net income           $   8.0       $  0.35       $  10.2     $  0.47   
                                                                  
                                                                  
                      Six Months Ended June 30,
                      2013                          2012                   
                         $         Per share         $        Per share
                                                                  
Income before         $   32.0       $  1.43         $  36.2      $  1.67
selected items
                                                                  
Adjustments (net
of tax):
                                                                  
Restructuring             (1.8    )     (0.08  )        (1.3   )     (0.06  )
costs
                                                                  
Environmental
reserve                   (4.0    )     (0.18  )        (0.3   )     (0.01  )
adjustment
                                                                  
Fair value
adjustment to             -             -               (0.9   )     (0.04  )
acquisition date
inventory
                                                                  
Interest expense
and royalties             (9.7    )     (0.43  )        (9.1   )     (0.42  )
with GST
                                                                  
Other                     (0.4    )     (0.02  )        (0.2   )     (0.01  )
                                                                  
Tax accrual             0.5         0.02         (0.4   )    (0.02  )
adjustments
                                                                  
Impact                  (15.4   )    (0.69  )      (12.2  )    (0.56  )
                                                                  
Net income           $   16.6      $  0.74       $  24.0     $  1.11   
                                                                            
Management of the Company believes that it would be helpful to the readers of
the financial statements to understand the impact of certain selected items on
the Company's reported net income and earnings per share, including items that
may recur from time to time. This presentation enables readers to better
compare EnPro Industries, Inc. to other diversified industrial manufacturing
companies that do not incur the sporadic impact of restructuring activities or
other selected items. Management acknowledges that there are many items that
impact a company's reported results and this list is not intended to present
all items that may have impacted these results.

The amounts above, which may be considered non-GAAP financial measures, are
shown on an after-tax basis and have been calculated by applying the Company's
tax rate to the pre-tax amount. The interest expense with GST is included in
interest expense, the fair value adjustment to acquisition date inventory is
included in cost of sales and the restructuring costs, environmental reserve
adjustment and other are included as part of other operating expense and other
expense. Per share amounts were calculated by dividing by the weighted-average
shares of diluted common stock outstanding during the periods.


EnPro Industries, Inc.
                                                                
Reconciliation of EBITDA to Segment Profit (Unaudited)
                                                                     
For the Quarters and Six Months Ended June 30, 2013 and 2012
(Stated in Millions of Dollars)
                                                                     
                                                                     
                               Quarter Ended June 30, 2013
                                                        Engine
                               Sealing     Engineered   Prods. and   Total
                               Products    Products     Services     Segments
                                                                     
Earnings before interest,
income taxes, depreciation     $ 35.2      $  14.3      $  7.4       $ 56.9
and amortization (EBITDA)
                                                                     
Deduct depreciation and         (7.5  )     (5.7  )     (1.0  )    (14.2 )
amortization expense
                                                                     
Segment profit                 $ 27.7     $  8.6      $  6.4      $ 42.7  
EBITDA margin                   21.2  %     15.0  %     16.4  %    18.6  %
                                                                     
                               Quarter Ended June 30, 2012
                                                        Engine
                               Sealing     Engineered   Prods. and   Total
                               Products    Products     Services     Segments
                                                                     
Earnings before interest,
income taxes, depreciation     $ 30.3      $  12.4      $  8.5       $ 51.2
and amortization (EBITDA)
                                                                     
Deduct depreciation and         (7.5  )     (5.6  )     (0.7  )    (13.8 )
amortization expense
                                                                     
Segment profit                 $ 22.8     $  6.8      $  7.8      $ 37.4  
EBITDA margin                   18.4  %     13.0  %     20.2  %    17.0  %
                                                                     
                               Six Months Ended June 30, 2013
                                                        Engine
                               Sealing     Engineered   Prods. and   Total
                               Products    Products     Services     Segments
                                                                     
Earnings before interest,
income taxes, depreciation     $ 64.3      $  25.6      $  13.0      $ 102.9
and amortization (EBITDA)
                                                                     
Deduct depreciation and         (15.3 )     (11.2 )     (1.8  )    (28.3 )
amortization expense
                                                                     
Segment profit                 $ 49.0     $  14.4     $  11.2     $ 74.6  
EBITDA margin                   20.6  %     13.7  %     13.8  %    17.4  %
                                                                     
                               Six Months Ended June 30, 2012
                                                        Engine
                               Sealing     Engineered   Prods. and   Total
                               Products    Products     Services     Segments
Earnings before interest,
income taxes, depreciation     $ 59.2      $  26.7      $  21.1      $ 107.0
and amortization (EBITDA)
                                                                     
Deduct depreciation and         (13.9 )     (10.9 )     (1.5  )    (26.3 )
amortization expense
                                                                     
Segment profit                 $ 45.3     $  15.8     $  19.6     $ 80.7  
EBITDA margin                   18.8  %     13.6  %     20.3  %    17.4  %
                                                                             
For a reconciliation of segment profit to net income, please refer to the
Segment Information (Unaudited) schedule.


EnPro Industries, Inc.
                                                                
Reconciliation of Adjusted EBITDA to Net Income (Unaudited)
                                                                     
For the Quarters and Six Months Ended June 30, 2013 and 2012
(Stated in Millions of Dollars)
                                                                     
                                 Quarters Ended          Six Months Ended
                                 June 30,                June 30,
                                  2013      2012      2013      2012  
                                                                     
Earnings before interest,
income taxes, depreciation,
amortization, and other
selected items (adjusted         $ 48.4      $ 43.0      $ 84.6      $ 89.5
EBITDA)
                                                                     
Adjustments:
                                                                     
Interest expense, net              (11.0 )     (10.8 )     (22.0 )     (21.4 )
                                                                     
Income tax expense                 (5.5  )     (4.9  )     (6.6  )     (12.7 )
                                                                     
Depreciation and amortization      (14.3 )     (13.9 )     (28.4 )     (26.4 )
expense
                                                                     
Restructuring costs                (2.0  )     (0.7  )     (2.9  )     (2.0  )
                                                                     
Environmental reserve              (6.3  )     (0.5  )     (6.3  )     (0.5  )
adjustment
                                                                     
Fair value adjustment to           -           (1.4  )     -           (1.4  )
acquisition date inventory
                                                                     
Other                             (1.3  )    (0.6  )    (1.8  )    (1.1  )
                                                                     
Impact                            (40.4 )    (32.8 )    (68.0 )    (65.5 )
                                                                     
Net income                       $ 8.0      $ 10.2     $ 16.6     $ 24.0  
                                                                             

EnPro Industries, Inc.
                                                               
Selected Results Reflecting Deconsolidation of GST (Unaudited)
                                                                     
(Stated in Millions of Dollars)
                          Quarter Ended                 Quarter Ended
                          June 30, 2013                 June 30, 2012
                          EnPro           GST           EnPro        GST
                                                                     
Adjusted net sales *      $   299.5       $   58.2      $  294.2     $  56.9
                                                                     
Segment
profit/operating          $   42.7        $   16.6      $  37.4      $  13.4
profit
                                                                     
Adjusted EBITDA           $   48.4        $   18.3      $  43.0      $  14.8
                                                                     
Income before             $   19.5        $   11.3      $  16.7      $  9.1
selected items
                                                                     
                                                                     
                                                                     
                          Six Months Ended              Six Months Ended
                          June 30, 2013                 June 30, 2012
                          EnPro           GST           EnPro        GST
                                                                     
Adjusted net sales *      $   580.3       $   114.7     $  601.1     $  114.5
                                                                     
Segment
profit/operating          $   74.6        $   29.3      $  80.7      $  25.0
profit
                                                                     
Adjusted EBITDA           $   84.6        $   32.5      $  89.5      $  28.0
                                                                     
Income before             $   32.0        $   19.9      $  36.2      $  16.4
selected items
                                                                        
*Adjusted net sales reflect third party sales only, which differ from the
sales reported on the accompanying consolidated statements of operations which
include intercompany sales from EnPro to GST.

Contact:

EnPro Industries
Don Washington, 704-731-1527
Director, Investor Relations and
Corporate Communications
don.washington@enproindustries.com
 
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