Butler, Pa. - August 6, 2001 - - Angelo Fraioli has accepted the position of controller at Future Metals, Inc., a subsidiary of Marmon/Keystone, according to an announcement by Luis E. Benitez, Future Metals president.

Fraioli has an extensive background of twenty years in accounting management and administration. He earned a BBA degree in accounting from Iona College in New Rochelle, N.Y. and holds an MBA degree in finance from Pace University in White Plains, N.Y. He and his wife Joan are the parents of two daughters and reside in Coral Springs, Florida.

Future Metals was founded in 1971 as a specialty distribution center of tubular products and today serves the world's major aerospace industries with a full-line inventory of aircraft-grade tubing, sheets, bars, rolled-form shapes, extrusions, and value added services.

Based in Ft. Lauderdale, Future Metals maintains distribution centers in Cerritos, Calif.; Commack, N.Y.; Arlington, Tex.; Pacific, Wash.; Gorinchem in The Netherlands; and Hampshire, England.

A leading distributor of carbon, stainless, aluminum and nickel alloy tubular and bar products, Marmon/Keystone maintains service centers and sales offices throughout North America and Europe. Corporate headquarters are located near Pittsburgh, in Butler, Pa.

Marmon/Keystone and affiliated companies are members of The Marmon Group, an international association of more than 100 autonomous manufacturing and service companies with collective sales of $7 billion.

Future Metals' internet address: http://www.futuremetals.com
Marmon/Keystone's internet address: http://www.marmonkeystone.com

For further information please contact:

Marmon/Keystone Corporation
- Addr. P.O. Box 992, Butler, PA, USA
- Tel. +1-724-283-0558
- Fax. 630-543-9204
- www. http://www.marmonkeystone.com