TriMas Corporation Announces Pricing of Common Stock Offering

BLOOMFIELD HILLS, Mich., May 3, 2012 /PRNewswire/ -- TriMas Corporation (NASDAQ: TRS) – a diversified manufacturer of engineered and applied products – today announced the pricing of its previously announced registered underwritten public offering of 4,000,000 shares of its common stock at a price to the public of $20.75. The underwriters have a 30-day option to purchase up to an additional 600,000 shares from TriMas. Settlement of the offering is expected to occur on May 8, 2012. TriMas expects to use its proceeds from the sale of the common stock for general corporate purposes.

Deutsche Bank Securities and Goldman, Sachs & Co. are acting as the joint bookrunners for the offering. KeyBanc, Roth Capital Partners and Barrington Research Associates, Inc. are acting as the co-managers for the offering.

The public offering is being made only by means of a prospectus and related prospectus supplement, copies of which may be obtained from either: Deutsche Bank Securities Inc., Attention: Prospectus Department, Harborside Financial Center, 100 Plaza One, Jersey City, New Jersey, 07311-3988, telephone (800) 503-4611, or by e-mailing [email protected]; or from Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316, or by emailing [email protected].

The common stock will be offered pursuant to an effective registration statement filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About TriMas
Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NASDAQ: TRS) provides engineered and applied products for growing markets worldwide. TriMas is organized into six reportable segments: Packaging, Energy, Aerospace & Defense, Engineered Components, Cequent Asia Pacific and Cequent North America. TriMas has approximately 4,100 employees at more than 60 different facilities in 15 countries.

Cautionary Notice Regarding Forward-looking Statements
Any "forward-looking" statements contained herein, including those relating to market conditions or the Company's financial condition and results, expense reductions, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including, but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company's business and industry, the Company's substantial leverage, liabilities imposed by the Company's debt instruments, market demand, competitive factors, supply constraints, material and energy costs, technology factors, litigation, government and regulatory actions, the Company's accounting policies, future trends, and other risks which are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2011, and in the Company's Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.

CONTACT:
Sherry Lauderback
VP, Investor Relations & Communications
(248) 631-5506
[email protected]

SOURCE TriMas Corporation