TRUMPF IS GEARED TOWARDS GROWTH / INCREASED SALES AND RESULTS DESPITE / ADVERSE GLOBAL ECONOMIC CONDITIONS

Ditzingen, Germany 22. 10. 2003 (PROTEXT/ots) -

* Consolidated Sales Rise by 2.4 Percent, Income before Taxesis 8.1 Percent

Higher for Fiscal

2002/03 * New Jobs - also in Germany - Result from the Success * Product Innovations and Customer Proximity are BoostingGrowth in All Sectors

The TRUMPF Group achieved consolidated sales of 1.19 billionEuros for fiscal 2002/03 (July 1, 2002 through June 30, 2003).This is equivalent to an increase of 2.4 percent. In the light ofadverse global economic and political conditions and the drop ininvestment expenditure worldwide, Professor Berthold Leibinger,CEO of the TRUMPF Group, rates this performance as anextraordinary success for the company.

All TRUMPF Divisions Successful

Sales growth in the Group's four divisions was varied, withLaser Technology registering the most dynamic growth.Electronics/Medical Technology had above-average sales, and thePower Tools division also achieved growth. Sales of MachineTools remained at the previous year's level.

At 1,083 million Euros, orders received Group-wide were downby 5.2 percent on the previous year, despite the fact that itincreased in all the divisions apart from Laser Technology. Amajor order for lasers placed in fiscal 2001/02 had a distortingeffect here.

Sales and Orders Buoyed by Foreign Business

"Investment demand for plant and equipment was subduedworldwide. The only dynamic developments were in the Asianmarkets and the countries of Central and Eastern Europe. Thelack of demand was especially marked in Germany, but wassoftened," as Professor Leibinger put it in his speech at theannual press conference in Ditzingen, "by penetration of theautomotive industry by the laser." The strong Euro affectedsales and profits in North America, with sales in US-Dollarterms almost retaining the levels of the previous year. Theforeign share of consolidated sales rose to 66 percent.

Higher Result, Improved Equity Ratio, More Personnel

The income before taxes also rose - by 8.1 percent to 91million Euros - and the net operating margin was 7.6 percent. At47 million Euros, the consolidated net income for the year was 14percent lower than the level of the previous year. This decreasewas primarily due to an external tax audit.

At 90 million Euros, cash flow remained at the previousyear's level, while the equity ratio rose to 44.2 percent.Professor Leibinger saw this as a clear sign: "TRUMPF hasexcellent capital resources and liquidity, and can make activeuse of opportunities for growth."

TRUMPF created 203 new jobs during the fiscal year. Theoverall number of personnel increased by 3.7 percent to 5,764employees. In Germany TRUMPF had 3,757 employees (+2.9 percent),while the personnel figure for overseas increased by 5.0 percentto 2,007 employees.

High Investments in Research and Development andIntensification of Customer Proximity

Investments in research and development for new products andtechnologies rose sharply by 25 percent to 89 million Euros. TheR+D quota increased to 7.4 percent. Investments in plant,equipment and intangible assets were 12 percent higher at 72million Euros, whereby expansion of sales and service centersplayed a primary role.

Outlook: 2003/04 Will Bring Further Growth

Many people are expecting the economic upturn. The TRUMPFGroup is fully prepared for it, and is planning sales growth inall its divisions and in all major markets. Target sales aresharply in excess of 1.2 billion Euros, with projected salesgrowth of between 6 and 8 percent. The result is also expectedto increase. Key Figures: TRUMPF Group 2002/03

2002/032001/02

Percentage change Sales in

EUR millions

1,193.

1,251.01,165.7

millions US $

1,222.0

+2.4

+2.4 Overseas Share in percent

66.0

63.8 Orders Received EUR millions 1,082.9 1,135.2

1,142.6

millions US $

1,197.8

-5.2

-5.2 Income before Taxes EUR millions 90.7

99.583.9

millions US $

93.1+8.1

+6.9 Net Income

EUR millions

46.9

53.654.4

millions US $

62.1

-13.7

-13.7 Cash Flow

EUR millions

89.9

99.090.5

millions US $

100.3

-0.7

-1.4 Expenditure on Fixed Assets

EUR millions

72.182.4

64.3

millions US $

73.5

+12.2

+12.2 R & D Expenditure EUR millions

88.7

93.070.8

millions US $

74.2

+25.3

+25.3 Number of Employees on June 30, 2002

5,764

5,561+3.7 TRUMPF Group (www.trumpf.com) The TRUMPF Group is one of the world`s leading companies inmanufacturing technology, with sales of EUR 1.19 billion/US $1.25 billion (fiscal year 2002/03) and approximately 5,800employees. The four divisions - Machine Tools, Laser Technology,Electronics/Medical Technology, and Power Tools - are connectedunder the umbrella of the TRUMPF Group holding company. The corebusiness is flexible and precise sheet metal processing: punchingand forming, laser processing and bending. The company,headquartered in Ditzingen near Stuttgart, Germany, is the worldmarket leader and the technological leader in the area ofindustrial lasers and laser systems. With 40 subsidiaries andfacilities, the TRUMPF Group is present in almost every Europeancountry, in North and South America, as well as in Asia.Production facilities are located in Germany, France, Austria,Switzerland, Taiwan and the United States.

TRUMPF GmbH + Co. KG Press and Public Relations PO Box 14 50D-71252 Ditzingen Germany

Ingo Schnaitmann Phone +49(0)7156-303-992 Fax +49(0)7156-303-6115 ingo.schnaitmann@de.trumpf.com

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