ALTRA HOLDINGS INC
			Symbol			AIMC

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Altra Holdings, Inc. Announces $200 Million Note Offering of Senior Secured Notes Due 2016

2009-11-11 09:19 ET - News Release

BRAINTREE, Mass., Nov. 11, 2009 (GLOBE NEWSWIRE) -- Altra Holdings, Inc. ("Altra Holdings") (Nasdaq:AIMC), announced today that it intends to offer $200 million aggregate principal amount of senior secured notes due 2016 (the "Notes"), subject to market conditions. The Notes will be guaranteed on a secured basis by Altra Holdings' direct and indirect domestic subsidiaries.

Proceeds of the offering along with cash on hand will be used to repurchase Altra Industrial Motion, Inc.'s ("Altra Industrial") outstanding 9% Senior Secured Notes due 2011 ("9% Notes") tendered pursuant to the tender offer launched on November 10, 2009, by Altra Industrial and to redeem any and all 9% Notes not tendered pursuant to the tender offer, in accordance with the indenture governing the 9% Notes.

The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act") or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. The Notes may be resold by the initial purchasers pursuant to Rule 144A and Regulation S under the Securities Act.

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