AMETEK Acquires Two Aerospace Businesses.

PAOLI, Pa. -- AMETEK, Inc. (NYSE:AME) announced the acquisition of two privately held aerospace businesses that serve the business jet, regional jet and helicopter markets. These businesses, with expected annual sales of approximately $25 million, strengthen our position in the aircraft power management and third party maintenance, repair and overhaul services (MRO) markets.

"These businesses serve the expanding business and regional jet markets, have well-established relationships with the key aircraft manufacturers and provide AMETEK with a strategic footprint in Wichita. They each have an excellent reputation within the aerospace industry and offer an excellent fit with our existing aerospace business," notes AMETEK Chairman and Chief Executive Officer Frank S. Hermance.

Advanced Industries, Inc. manufactures starter generators, brush and brushless motors, vane-axial and centrifugal blowers for cabin ventilation, and linear actuators for the business jet, light jet and helicopter markets. These differentiated products complement our AMPHION[TM] product line of power management products for the aerospace industry and will broaden our product offering in the power management subsystem market.

B&S Aircraft Parts & Accessories (B&S) provides third party MRO services, primarily for starter generators and hydraulic and fuel system components, for a variety of business aircraft and helicopter applications. B&S is the second acquisition AMETEK has made recently in the third party MRO market, building on its position in this attractive market. In December 2006 AMETEK acquired Southern Aeroparts, Inc.

AMETEK Aerospace & Defense is a leading supplier of engine and aircraft monitoring systems, data acquisition units, fuel and fluid measurement systems, engine and airframe sensors, cables, harness assemblies, solid-state power distribution products, avionics blowers, fans, and heat transfer and cooling systems. It has long-standing relationships with many of the world's leading commercial airframe and jet engine manufacturers and also serves the aftermarket with spare part sales, repair and overhaul services.

Corporate Profile

AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with 2006 sales of $1.8 billion. AMETEK's Corporate Growth Plan is based on Four Key Strategies: Operational Excellence, Strategic Acquisitions & Alliances, Global & Market Expansion and New Products. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. The common stock of AMETEK is a component of the S&P MidCap 400 Index and the Russell 1000 Index.

Forward-looking Information

Statements in this news release relating to future events such as AMETEK's expected business and financial performance are "forward-looking statements". Forward-looking statements are subject to various factors and uncertainties that may cause actual results to differ significantly from expectations. These factors and uncertainties include our ability to consummate and successfully integrate future acquisitions; risks associated with international sales and operations; our ability to successfully develop new products, open new facilities or transfer product lines; the price and availability of raw materials; compliance with government regulations, including environmental regulations; changes in the competitive environment or the effects of competition in our markets; the ability to maintain adequate liquidity and financing sources; and general economic conditions affecting the industries we serve. A detailed discussion of these and other factors that may affect our future results is contained in AMETEK's filings with the Securities and Exchange Commission, including its most recent reports on Form 10-K, 10-Q and 8-K. AMETEK disclaims any intention or obligation to update or revise any forward-looking statements.