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GenCorp Receives Modification To FTC's Second Request In Connection With The Proposed Acquisition Of Pratt & Whitney Rocketdyne

About GenCorp

GenCorp is a leading technology-based manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the entitlement, sale, and leasing of the company's excess real estate assets. Aerojet is a world-recognized aerospace and defense leader providing propulsion and energetics to its space, missile defense, strategic, tactical missile and armaments customers throughout domestic and international markets. Additional information about GenCorp and Aerojet can be obtained by visiting the companies' websites at http://www.GenCorp.com and at http://www.Aerojet.com.

The GenCorp Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12049

CONTACT: Investors:
         Kathy Redd, chief financial officer
         916.355.2361
         
         Media:
         Glenn Mahone, vice president, communications
         202.302.9941

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