SOURCE: Esterline Technologies BELLEVUE, WA–(Marketwire – August 2, 2010) – Esterline Corporation ( NYSE : ESL ) ( www.esterline.com ), a leading specialty manufacturer serving aerospace/defense markets, today announced that it has consummated its private placement of $250 million aggregate principal amount of 7% Senior Notes due 2020 (the “New Notes”) and the early settlement of its previously announced cash tender offer and consent solicitation with respect to its outstanding 7 3/4% Senior Subordinated Notes due 2013 (the “2013 Notes”). Esterline used the net proceeds from the sale of the New Notes to fund the payment of consideration and costs relating to the early settlement of the tender offer. As of 5:00 p.m., New York City time, on July 30, 2010, the consent and early tender deadline, $157,606,000 aggregate principal amount of 2013 Notes had been validly tendered and not withdrawn, which represented approximately 90% of the outstanding aggregate principal amount of the 2013 Notes. Esterline accepted for purchase all of the 2013 Notes that were validly tendered at or prior to the July 30 deadline, and today paid $1,015.42 per $1,000 principal amount of such 2013 Notes tendered, plus any accrued and unpaid interest up to, but not including August 2, 2010. This press release does not constitute an offer to purchase the notes or a solicitation of consents to amend the related indenture, nor shall it constitute an offer or solicitation in any jurisdiction in which such offer or solicitation is unlawful. This press release does not constitute an offer to sell, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful