GBC Appoints Thomas J. Uhlig President

Thomas J. Uhlig has been appointed President, General Bearing Corporation, effective February 23, 2004. David Gussack now holds the position of Chief Executive Officer and will continue to participate in various aspects of planning and operations.

Tom Uhlig has been with General Bearing in the capacity of Executive Vice President for one year and has been involved with every facet of the business. His contributions to our organization thus far have been plentiful and his understanding of this business is broad based. With an extensive background in general management and business development, he is fully equipped to lead our growth initiatives. He will manage the staff of the US operations as well as the company’s many China-based joint ventures and subsidiaries.

Prior to joining General Bearing, Tom Uhlig was Vice President of the Timken Super Precision Group. Under his leadership the Group’s performance improved substantially, resulting in increased sales, overhead reductions, improved on time delivery and positive annual cash flow. Also at Timken, he was Director of Manufacturing for North and South America and President of MPB Corporation when it was acquired by Timken. In addition, Tom served as President of Johnstown America Corporation, a leading railroad freight car manufacturer and Senior Vice President of Ferrofluidics Corporation manufacturing capital equipment for the semiconductor industry. He obtained his BSBA/MBA from the University of Rhode Island, earning Beta Gamma Sigma National Honor Society standing.

Tom is anxious to participate in taking General Bearing to the next level. “I have observed General Bearing’s successful effort to position itself as a high quality, low cost producer of bearing products,” stated Uhlig. “I am very pleased to be a part of a company with such great potential for continued growth in the global marketplace. David Gussack commented, “We are excited to have Tom Uhlig as part of the executive management team. We are confident that he will be of immeasurable value to the continued success and growth of our organization.”