EXHIBIT 99.1
PRESS RELEASE
FOR IMMEDIATE RELEASE CONTACT:
Titanium Metals Corporation Mark A. Wallace
1999 Broadway, Suite 4300 Executive Vice President &
Denver, Colorado 80202 Chief Financial Officer
(303) 296-5615
TIMET ANNOUNCES PRICE INCREASES
DENVER, COLORADO . . . August 10, 2000 . . . Titanium Metals
Corporation ("TIMET") (NYSE: TIE) announced that it will increase selling prices
on new orders for certain grades of commercially pure titanium and alloy
titanium ingot, flatrolled, and forged products. Price increases will generally
range from 6% to 12% on applicable products and reflect increases in certain
manufacturing costs including raw materials and energy, as well as a need to
improve financial performance. The price increase will not apply to orders under
long-term customer agreements that include specific provisions governing selling
prices.
Titanium Metals Corporation, headquartered in Denver, Colorado, is a
leading worldwide integrated producer of titanium metal products. Information on
TIMET is available on the World Wide Web at http://www.timet.com/.
o o o o o
