Kennametal names CFO

March 22, 2005

Kennametal Inc. today announced that Cathy R. Smith will join the firm as executive vice president and CFO effective April 11, 2005. Smith will oversee the company's finance, treasury, accounting, M & A, and investor relations functions.

Smith comes to Kennametal from the Bell Systems business segment of Textron Inc., where she served as executive vice president and CFO. While at Textron, Smith was responsible for all financial planning, accounting, and reporting matters associated with Bell Systems. Prior to joining Textron, she served as vice president and CFO of the Intelligence and Information Systems Business of Raytheon Company.

Smith is a certified public account and holds a Bachelor of Arts degree in business economics from the University of California, Santa Barbara, and a master's degree in business administration from the University of Southern California, Los Angeles.

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