May 31, 2002

FOR IMMEDIATE RELEASE

NATIONAL MEDIATION BOARD

Contact: NMB Public Information Line -- (202) 692-5050

Re: Dalfort Aerospace and the IBT Reach Tentative Agreement

The National Mediation Board is pleased to announce that Dalfort Aerospace and the International Brotherhood of Teamsters (IBT), working with NMB Mediator John Livingood and Senior Mediator Patricia Sims, reached a tentative contract agreement on May 31, 2002, covering the craft or class of Mechanics and Related employees. The agreement is subject to union member ratification.

Specific information regarding the contract or its provisions should be obtained directly from the parties.

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