Press Release - , 1998

FOR IMMEDIATE RELEASE June 8, 1998

CONTACT:
Crystal L. Revak, Director
Investor Relations
(330) 544-7622

RMI TITANIUM SIGNS $150 MILLION

NEW REVOLVING CREDIT AGREEMENT

Niles, Ohio RMI Titanium Company (NYSE; RTI) announced today that it has entered into a new credit agreement with seven domestic and international banks. The unsecured arrangement provides for $125 million five-year and $25 million one-year revolving facilities, replacing an existing $50 million line. Other terms and conditions are typical for agreements of this type.

"The facility will enhance RMI's liquidity and support the Company's continued growth," noted Timothy G. Rupert, Executive Vice President and Chief Financial Officer, commenting on the new financing.

RMI Titanium Company, headquartered in Niles, Ohio, manufactures titanium mill products, hot-formed and superplastically formed parts, and engineered systems for energy-related markets. The Company's products are used for fabricated components in commercial and military aircraft and engines, energy exploration and refining, chemical processing equipment, pulp and paper production facilities, medical implants and consumer goods

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