SIF Sifco Industries Inc

On September 8, 2006, SIFCO Industries, Inc. (AMEX:SIF)("Company") received a notification from the American Stock Exchange ("Amex"), the national securities exchange that maintains principal listing for the Company's common stock, that the Company has resolved its continued listing deficiency referenced in the Amex's letter to the Company dated June 27, 2006. Such resolution was based on the Amex's review of SIFCO's Form 8-K/A filed on August 21, 2006 with the U.S. Securities and Exchange Commission, which filing provided pro forma financial information related to the Company's sale of the large aero portion of its turbine engine component repair business and certain related assets to SR Technics. About SIFCO Industries, Inc. SIFCO Industries, Inc. is engaged in the production and sale of a variety of metalworking processes, services and products produced primarily to the specific design requirements of its customers. The processes and services include forging, heat-treating, coating, welding, machining and selective electrochemical finishing. The products include forgings, machined forged parts and other machined metal parts, remanufactured component parts for turbine engines, and selective electrochemical finishing solutions and equipment. The Company's operations are conducted in three business segments: (1) Turbine Components Services and Repair Group, (2) Aerospace Component Manufacturing Group, and (3) Applied Surface Concepts Group. Forward-Looking Language Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, economic conditions, competition and other uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings.