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For Immediate Release
May 26, 2005

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Larry Huget Named President and Chief Operating Officer of ESCO Corporation

Portland, Oregon — Larry Huget will assume the role of President and Chief Operating Officer (COO) of ESCO Corporation (ESCO), effective immediately. A thirty-two year veteran of ESCO, Larry has most recently been President of ESCO Engineered Products, which he led to record profits and productivity. In his new position, Larry will assume operating responsibilities for all ESCO business groups.

Steve Pratt will retain his roles as ESCO Corporation’s Chairman of the Board and Chief Executive Officer (CEO.) “As ESCO continues to grow it has become increasingly important for me to focus my time on strategic direction for the company. Larry brings a wealth of experience and a proven track record to the task of leading our ESCO operations,” states Pratt.

ESCO Corporation is a global group of companies that manufactures technically rich, engineered metal wear parts, components and assemblies for industrial applications. It serves the mining, construction, semiconductor capital equipment, aerospace, power generation and other industrial markets. A privately held company founded in 1913, ESCO Corporation is headquartered in Portland, Oregon and employs over 3,700 people worldwide. For more information about ESCO Corporation, visit the website: www.escocorp.com.

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For further information, please contact Jodi Walder-Biesanz, at (503) 778-6560 or email jodi.walder@escocorp.com.