Curtiss-Wright Receives VMETRO Shareholder Approval

ROSELAND, N.J., Sept 30, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Shares Representing More Than 90% Accepted Acquisition Offer

Curtiss-Wright Corporation (NYSE: CW) previously announced on September 15, 2008 the commencement of its voluntary cash tender offer of NOK 12.06 per share for all outstanding shares of VMETRO ASA (OSE: VME). As of September 29, 2008, shareholders controlling more than 90% of the outstanding shares of VMETRO have accepted the offer, fulfilling a condition for executing the transaction. The transaction is expected to be completed by no later than October 17, 2008, subject to certain closing conditions which are outlined in the offer document.

ABOUT CURTISS-WRIGHT

Curtiss-Wright Corporation is a diversified company headquartered in Roseland, N.J. The company designs, manufactures and overhauls products for motion control and flow control applications, and provides a variety of specialized metal treatment services. The firm employs approximately 7,600 people worldwide. For more information about Curtiss-Wright visit curtisswright2014.q4web.com.

ABOUT CURTISS-WRIGHT CONTROLS, INC.

Headquartered in Charlotte, North Carolina, Curtiss-Wright Controls, Inc. is the Motion Control segment of Curtiss-Wright Corporation. With manufacturing facilities around the world, Curtiss-Wright Controls is a leading technology-based organization providing niche motion control products, subsystems and services internationally for the aerospace and defense markets. For more information, visit www.cwcontrols.com.

This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs and assumptions. Such statements, including statements relating to Curtiss-Wright Corporation's expectations for closing its voluntary offer to acquire 100% of VMETRO stock is not considered a historical fact and is considered a forward-looking statement under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in US and Foreign government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities and Exchange Act of 1934, as amended, for further information.

SOURCE Curtiss-Wright Corporation

http://curtisswright2014.q4web.com

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