Exhibit 4.1




---



##### 



PageARTICLE I DEFINITIONS AND ACCOUNTING TERMS
    
    
    1Section 1.01
    
    Defined Terms
    
    
    1Section 1.02
    
    Other Interpretive Provisions
    
    
    25Section 1.03
    
    Accounting Terms
    
    
    26Section 1.04
    
    Times of Day
    
    
    26Section 1.05
    
    Rounding
    
    
    26ARTICLE II THE COMMITMENTS AND LOANS
    
    
    27Section 2.01
    
    Revolving Loans
    
    
    27Section 2.02
    
    Term Loans
    
    
    27Section 2.03
    
    Swing Loans
    
    
    28Section 2.04
    
    Letters of Credit
    
    
    28Section 2.05
    
    Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings
    
    
    29Section 2.06
    
    Conversions or Continuations
    
    
    34Section 2.07
    
    Prepayments
    
    
    35Section 2.08
    
    Termination or Reduction of Commitments
    
    
    37Section 2.09
    
    Repayment of Loans
    
    
    37Section 2.10
    
    Interest
    
    
    38Section 2.11
    
    Interest Rate Determination
    
    
    38Section 2.12
    
    Fees
    
    
    39Section 2.13
    
    Computation of Interest and Fees
    
    
    40Section 2.14
    
    Evidence of Debt
    
    
    40Section 2.15
    
    Payments Generally; Administrative Agents Clawback
    
    
    41Section 2.16
    
    Sharing of Payments by Lenders
    
    
    42Section 2.17
    
    Increase in the Aggregate Revolving Credit Commitments
    
    
    42Section 2.18
    
    Extension of Revolving Credit Maturity Date
    
    
    44Section 2.19
    
    Issuance of Letters of Credit
    
    
    48ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY
    
    
    52Section 3.01
    
    Taxes
    
    
    52Section 3.02
    
    Illegality
    
    
    55Section 3.03
    
    Inability to Determine Rates
    
    
    55Section 3.04
    
    Increased Costs; Reserves on Eurodollar Rate Loans
    
    
    56Section 3.05
    
    Compensation for Losses
    
    
    57Section 3.06
    
    Mitigation Obligations; Replacement of Lenders
    
    
    58Section 3.07
    
    Survival
    
    
    59ARTICLE IV CONDITIONS PRECEDENT
    
    
    59Section 4.01
    
    Conditions of Effectiveness
    
    
    59Section 4.02
    
    Conditions to Borrowing and Issuance of Letters of Credits
    
    
    61Section 4.03
    
    Conditions to Commitment Increases
    
    
    61




---



##### 



PageARTICLE V REPRESENTATIONS AND WARRANTIES
    
    
    62Section 5.01
    
    Organization, Good Standing and Qualification
    
    
    62Section 5.02
    
    Authority
    
    
    62Section 5.03
    
    Governmental Filings; No Violations
    
    
    62Section 5.04
    
    Financial Statements
    
    
    63Section 5.05
    
    Disclosure
    
    
    63Section 5.06
    
    Material Adverse Change
    
    
    64Section 5.07
    
    Litigation
    
    
    64Section 5.08
    
    Employee Benefits
    
    
    64Section 5.09
    
    Compliance with Laws
    
    
    65Section 5.10
    
    Environmental Matters
    
    
    66Section 5.11
    
    Payment of Taxes
    
    
    66Section 5.12
    
    Intellectual Property
    
    
    67Section 5.13
    
    Title to Properties
    
    
    67Section 5.14
    
    Material Contracts
    
    
    67Section 5.15
    
    Insurance
    
    
    67Section 5.16
    
    Federal Reserve Regulations
    
    
    68Section 5.17
    
    Investment Company
    
    
    68Section 5.18
    
    Subsidiaries
    
    
    68Section 5.19
    
    Solvency
    
    
    68Section 5.20
    
    Pledged Equity
    
    
    69Section 5.21
    
    Pari Passu
    
    
    69ARTICLE VI AFFIRMATIVE COVENANTS
    
    
    69Section 6.01
    
    Financial Reporting
    
    
    69Section 6.02
    
    Notices
    
    
    71Section 6.03
    
    Use of Proceeds
    
    
    71Section 6.04
    
    Preservation of Existence
    
    
    72Section 6.05
    
    Insurance
    
    
    72Section 6.06
    
    Compliance with Laws
    
    
    72Section 6.07
    
    Access
    
    
    72Section 6.08
    
    Payment Taxes and Other Obligations
    
    
    73Section 6.09
    
    New Material Subsidiaries
    
    
    73Section 6.10
    
    Maintenance of Properties and Leases
    
    
    73Section 6.11
    
    Keeping of Records and Books of Account
    
    
    73Section 6.12
    
    Further Assurances
    
    
    74Section 6.13
    
    Transactions With Affiliates
    
    
    74ARTICLE VII NEGATIVE COVENANTS
    
    
    74Section 7.01
    
    Debt
    
    
    74Section 7.02
    
    Liens
    
    
    76Section 7.03
    
    Fiscal Year; Nature of Business, Accounting Policies
    
    
    76Section 7.04
    
    Financial Covenants
    
    
    76Section 7.05
    
    Liquidations, Mergers and Consolidations
    
    
    76Section 7.06
    
    Dispositions of Assets or Subsidiaries
    
    
    77Section 7.07
    
    Dividends and Related Distributions
    
    
    78
 ii




---



##### 



PageSection 7.08
    
    Changes in Organizational Documents
    
    
    78Section 7.09
    
    Negative Pledge
    
    
    79ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES
    
    
    79Section 8.01
    
    Events of Default
    
    
    79Section 8.02
    
    Remedies Upon Event of Default
    
    
    81Section 8.03
    
    Application of Funds
    
    
    82Section 8.04
    
    Actions in Respect of the Letters
of Credit Upon Event of Default; L/C Cash Collateral Account
    
    
    82ARTICLE IX ADMINISTRATIVE AGENT; DOCUMENTATION AGENT
    
    
    85Section 9.01
    
    Appointment and Authority
    
    
    85Section 9.02
    
    Rights as a Lender
    
    
    86Section 9.03
    
    Exculpatory Provisions
    
    
    86Section 9.04
    
    Reliance by Administrative Agent and/or Documentation Agent
    
    
    87Section 9.05
    
    Delegation of Duties
    
    
    88Section 9.06
    
    Resignation of Administrative Agent
    
    
    88Section 9.07
    
    Non-Reliance on Administrative Agent or Documentation Agent and Other Lenders
    
    
    89Section 9.08
    
    No Other Duties, Etc.
    
    
    89ARTICLE X MISCELLANEOUS
    
    
    90Section 10.01
    
    Amendments, Etc.
    
    
    90Section 10.02
    
    Notices; Effectiveness; Electronic Communication
    
    
    91Section 10.03
    
    No Waiver; Cumulative Remedies
    
    
    92Section 10.04
    
    Expenses; Indemnity; Damage Waiver
    
    
    93Section 10.05
    
    Payments Set Aside
    
    
    95Section 10.06
    
    Successors and Assigns
    
    
    95Section 10.07
    
    Treatment of Certain Information; Confidentiality
    
    
    99Section 10.08
    
    Right of Setoff
    
    
    100Section 10.09
    
    Interest Rate Limitation
    
    
    100Section 10.10
    
    Counterparts; Integration; Effectiveness
    
    
    100Section 10.11
    
    Survival of Representations and Warranties
    
    
    101Section 10.12
    
    Severability
    
    
    101Section 10.13
    
    Replacement of Lenders
    
    
    101Section 10.14
    
    Governing Law; Jurisdiction; Etc.
    
    
    102Section 10.15
    
    Waiver of Jury Trial
    
    
    103Section 10.16
    
    USA PATRIOT Act Notice
    
    
    103Section 10.17
    
    Amendment and Restatement
    
    
    103
 iii




---



##### 



PageSCHEDULESSchedule 2.01
    
    
    
    Revolving Credit Commitments and Applicable Revolving Credit PercentagesSchedule 2.02
    
    
    
    Term Loan Commitments and Applicable Term Loan PercentagesSchedule 2.04
    
    
    
    Existing Letters of CreditSchedule 2.10
    
    
    
    Applicable MarginsSchedule 5.07
    
    
    
    LitigationSchedule 5.18
    
    
    
    SubsidiariesSchedule 7.01(a)
    
    
    
    Existing DebtSchedule 7.01(b)
    
    
    
    Existing Subsidiary DebtSchedule 7.02
    
    
    
    Existing LiensSchedule 7.07
    
    
    
    Restrictions on DividendsSchedule 10.02
    
    
    
    Notice Information
 EXHIBITSExhibit A
    
    
    Form of Loan NoticeExhibit B
    
    
    Form of Conversion or Continuation NoticeExhibit C
    
    
    Form of Revolving Credit Commitment Increase NoticeExhibit D
    
    
    Form of Promissory Note (Revolving Loan)Exhibit E
    
    
    Form of Promissory Note (Term Loan)Exhibit F
    
    
    Form of Assignment and AssumptionExhibit G
    
    
    Form of Subsidiary GuarantyExhibit H
    
    
    Form of Pledge AgreementExhibit I
    
    
    Form of Compliance Certificate
 iv




---



##### 



FIRST AMENDED AND RESTATED CREDIT AGREEMENT
 Agreement Borrower
     ARTICLE I
DEFINITIONS AND ACCOUNTING TERMS
 Section 1.01 Defined Terms .
  Act
 Administrative Agent




---



##### 



Administrative Agent Fee Letter
 Administrative Agents Office Schedule 10.02
 Administrative Questionnaire
 Affiliate
 Aggregate Commitments
 Aggregate Revolving Credit Commitments
 Aggregate Term Loan Commitments
 Agreement
 Applicable Margin Schedule
2.10
 Applicable Revolving Credit Percentage Schedule 2.01
 2




---



##### 



Applicable Term Loan Percentage Schedule 2.02
 Approved Fund
 Asbestos
 Asbestos-Containing Material
 Assignment and Assumption Exhibit F
 Assuming Revolving Credit Lender
 Audited Financial Statements
 Authorized Officer
 3




---



##### 



Availability Period
 Available Amount
 Bankruptcy and Equity Exception
 Base Rate
 Base Rate Loan
 Borrower
 Borrower Materials
 Borrowing
 Business Day
 Capitalized Lease
 Capitalized Lease Obligations
 Cash Equivalents
 4




---



##### 



Change in Law
 Change of Control
 Closing Date
 Code
 5




---



##### 



Co-Lead Arranger Fee Letter
 Commitment
 Company Foreign Benefit Plan
 Compensation and Benefit Plan
 Consolidated Debt
 Consolidated EBITDA minus
 6




---



##### 



st st
 Consolidated Interest Expense
 Consolidated Net Income
 Consolidated Net Tangible Assets
 Contingent Obligation
 Contracts
 Control
 Controlled Group
 Conversion or Continuation Notice Exhibit
B
 7




---



##### 



Debt
 Debtor Relief Laws
 Default
 Defaulting Lender
 Default Rate plus provided however
 Documentation Agent
 Documentation Agent Fee Letter
 Dollar $
 8




---



##### 



Domestic Subsidiary
 Eligible Assignee
 Environmental Law
 Environmental Liability
 ERISA
 ERISA Affiliate
 ERISA Event
 9




---



##### 



Eurodollar Rate st st
 Eurodollar Rate Loan
 Eurodollar Rate Reserve Percentage st
 Event of Default
 Exchange Act
 10




---



##### 



Excluded Taxes
 Existing Credit Agreement
 Existing Letters of Credit Schedule 2.04
 Extended Revolving Credit Maturity Date
 Extending Revolving Credit Lender
 Federal Funds Rate provided
 11




---



##### 



Financial Officer
 Foreign Lender
 Foreign Subsidiary
 FRB
 Fund
 GAAP
 Governmental Entity
 Guarantors
 Guaranty Supplement
 Hazardous Substance
 12




---



##### 



Hedging Agreement
 Increasing and Extending Revolving Credit Lender
 Increasing Revolving Credit Lender
 Indemnified Taxes
 Indemnitee
 Information
 Intangible Assets
 Intellectual Property Rights
 Interest Payment Date st
 Interest Period
  13




---



##### 



Investment Quebec Facility
 IRS
 Issuing Bank
 L/C Cash Collateral Account
 L/C Cash Collateral Account Collateral
 L/C Cash Collateral Account Investments
 L/C Cash Collateral Account Obligations
 L/C Related Documents
 Law
 14




---



##### 



Lenders
 Lending Office
 Letter of Credit
 Letter of Credit Agreement
 Letter of Credit Commitment
 Letter of Credit Facility
 Letter of Credit Loan
 Letter of Credit Outstandings
 Leverage Ratio
 Lien
 Litigation Claims
 15




---



##### 



Loan Documents
 Loan Notice Exhibit A
 Loan Parties
 Loans
 Margin Stock
 Material Adverse Change
 Material Adverse Effect
 Material Subsidiary
 Moodys
 Multiemployer Plan
 National City Bank
 Net Debt minus
 Non-Bank Certificate
 16




---



##### 



Non-Extending Revolving Credit Lender
 Note Notes
 Notice of Issuance
 Notice of Revolving Loan Borrowing
 Notice of Swing Loan Borrowing
 Obligations
 Organization Documents
 Other Taxes
 Participant
 PBGC
 Pension Plan
 17




---



##### 



Permitted Liens
       18




---



##### 



Schedule 7.02
      Person
 19




---



##### 



Plan
 Platform
 Pledge Agreement Exhibit H
 Pledged Equity
 Pledgor
 Proposed Additional Revolving Credit Commitment
 Purchase
 Ratable Share
 20




---



##### 



Register
 Related Parties
 Reportable Event
 Required Lenders
 Revolving Credit Assumption Agreement
 Revolving Credit Commitment Schedule 2.01
 Revolving Credit Commitment Date
 Revolving Credit Commitment Increase
 21




---



##### 



Revolving Credit Increase Date
 Revolving Credit Maturity Date
 Revolving Credit Note Exhibit D
 Revolving Loan Type
 Revolving Loan Borrowing
 Revolving Loan Outstandings
 S&P
 SEC
 Solvent
 Subsidiary
 22




---



##### 



Subsidiary Guaranty Exhibit G
 Swing Loan
 Swing Loan Bank
 Swing Loan Borrowing
 Swing Loan Commitment
 Swing Loan Outstandings
 Syndication Agent
 Tax Taxes
 Tax Return
 23




---



##### 



Term Loan Type
 Term Loan Borrowing
 Term Loan Commitment Schedule 2.02
 Term Loan Maturity Date
 Term Loan Outstandings
 Term Note Exhibit E
 Total Commitments
 Total Outstandings
 Transactions
 24




---



##### 



Type
 Unfunded Liability
 United States U.S.
 Unused Revolving Credit Commitment minus plus
 Section 1.02 .
   25




---



##### 



Section 1.03 .
 Generally
 Changes in GAAP
 Section 1.04 .
  Section 1.05 .
  26




---



##### 



ARTICLE II
THE COMMITMENTS AND LOANS
 Section 2.01 .
    Section 2.02 .
   27




---



##### 



Section 2.03 .
    Section 2.04
 Letter of Credit provided
   28




---



##### 



provided however provided
  Schedule 2.04 provided
 Section 2.05 .
 Term Loan Borrowing
 rd
 29




---



##### 



30




---



##### 



Revolving Loan Borrowings rd Notice of Revolving Loan Borrowing provided however
  31




---



##### 



provided
   32




---



##### 



Swing Loan Borrowings Notice of Swing Loan Borrowing
 plus
 33




---



##### 



provided st pro rata
 Section 2.06 .
  34




---



##### 



Section 2.07 .
 Voluntary Prepayments
 35




---



##### 



Mandatory Prepayments
 Excess Outstandings
 36




---



##### 



No Reborrowing
 Section 2.08 .
  Section 2.09 .
 Revolving Loans
 Term Loans
 37




---



##### 



Swing Loans
 Section 2.10 .
    Section 2.11 .
    38




---



##### 



Section 2.12 .
 Facility Fee
 Letter of Credit Fees
  39




---



##### 



Other Fees
 Section 2.13 .
  Section 2.14 .
  40




---



##### 



Section 2.15 .
 General
 Payments by Borrower; Presumptions by Administrative Agent
  41




---



##### 



Section 2.16 .
     Section 2.17 .
 Exhibit C Revolving Credit Commitment Increase Revolving Credit
Increase Date provided however
 42




---



##### 



Revolving Credit Commitment Date Increasing Revolving Credit Lender
 provided however
 Assuming Revolving Credit Lender provided however
 43




---



##### 



Revolving Credit Assumption Agreement
    Section 2.18 .
 st nd Anniversary Date Extended Revolving Credit Maturity Date
 44




---



##### 



Consent Date provided
 Extending Revolving Credit Lender
 Increasing and Extending
Revolving Credit Lender Proposed Additional Revolving Credit Commitment
 Non-Extending
Revolving Credit Lender
  plus Extending Revolving Credit Commitments
 45




---



##### 



46




---



##### 



Assigned Commitments
 Assignees
 Assignment Date
 Assignors
 Assumed Commitment
  47




---



##### 



multiplied by
 over
 Share
 Section 2.19 .
 Request for Issuance
 rd Notice of Issuance Letter of Credit Agreement
 48




---



##### 



Schedule 10.02
  Drawing and Reimbursement
  49




---



##### 



provided st
  st st
  50




---



##### 



Obligations Absolute
 L/C Related Documents
      51




---



##### 



ARTICLE III
TAXES, YIELD PROTECTION AND ILLEGALITY
 Section 3.01 .
 Payments Free of Taxes
 Payment of Other Taxes by the Borrower
 Indemnification by the Borrower
 Evidence of Payments
 Status of Lenders
 52




---



##### 



Non-Bank
Certificate Form W-8BEN,
or
  53




---



##### 



Treatment of Certain Refunds
 Form W-9
 54




---



##### 



Alternative Lending Office
 Section 3.02 .
  Section 3.03 .
  55




---



##### 



Section 3.04 .
 Increased Costs Generally
     Capital Requirements
 56




---



##### 



Certificates for Reimbursement
 Delay in Requests
 Reserves on Eurodollar Rate Loans
 Section 3.05 .
   57




---



##### 



Section 3.06 .
 Designation of a Different Lending Office
 Replacement of Lenders
 58




---



##### 



Section 3.07 .
  ARTICLE IV
CONDITIONS PRECEDENT
 Section 4.01 .
          59




---



##### 



60




---



##### 



Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits .
      Section 4.03 Conditions to Commitment Increases.
   61




---



##### 



ARTICLE V
REPRESENTATIONS AND WARRANTIES
  Section 5.01 .
  Section 5.02 .
 Bankruptcy and Equity Exception
 Section 5.03 .
  62




---



##### 



Governmental Entity
 Contracts
 Section 5.04 .
 Financial Statements
 Section 5.05 .
  63




---



##### 



Section 5.06 .
  Section 5.07 .
 Schedule 5.07 Litigation Claims
 Section 5.08 .
 Pension Plan
   64




---



##### 



Company Foreign Benefit Plan
 Section 5.09 .
  65




---



##### 



Section 5.10 .
   Section 5.11 .
  66




---



##### 



Section 5.12 .
   Section 5.13 .
  Section 5.14 .
  Section 5.15 .
  67




---



##### 



Section 5.16 .
  Section 5.17 .
  Section 5.18 .
 Schedule 5.18
 Section 5.19 .
  68




---



##### 



Section 5.20 .
  Section 5.21 .
  ARTICLE VI
AFFIRMATIVE COVENANTS
  Section 6.01 .
    69




---



##### 



Exhibit I
     Borrower Materials Platform
 70




---



##### 



Public Lender
 Section 6.02 .
      Section 6.03 .
  71




---



##### 



Section 6.04 .
  Section 6.05 .
  Section 6.06 .
  Section 6.07 .
  72




---



##### 



Section 6.08 .
  Section 6.09 .
 Schedule 5.18
 Section 6.10 .
  Section 6.11 .
  73




---



##### 



Section 6.12 .
  Section 6.13 .
  ARTICLE VII
NEGATIVE COVENANTS
  Section 7.01 .
   Schedule 7.01(a)
    74




---



##### 



st
   Schedule 7.01(b)
  st
 75




---



##### 



Section 7.02 .
  Section 7.03 ; .
     Section 7.04 .
  Leverage Ratio Leverage
Ratio
 Interest Coverage Ratio
 Section 7.05 .
  76




---



##### 



Section 7.06 .
    77




---



##### 



Section 7.07 .
 Specified Dividend Schedule 7.07
 Section 7.08
  78




---



##### 



Section 7.09
  ARTICLE VIII
EVENTS OF DEFAULT AND REMEDIES
 Section 8.01 .
  Non-Payment
 Representations and Warranties
 Specific Covenants
 Other Defaults
 79




---



##### 



Cross-Default
 Insolvency Proceedings, Etc
 Proceedings
 Solvency
 Judgments
 80




---



##### 



Change of Control
 Invalidity of Loan Documents
 ERISA.
 Section 8.02 .
      81




---



##### 



Section 8.03 .
       Section 8.04 .
  82




---



##### 



L/C Cash Collateral
Account L/C Cash Collateral Account
Collateral
       83




---



##### 



L/C Cash Collateral
Account Investments
  L/C Cash Collateral Account Obligations
 UCC
 84




---



##### 



ARTICLE IX
ADMINISTRATIVE AGENT; DOCUMENTATION AGENT
 Section 9.01 .
  85




---



##### 



Section 9.02 .
  Section 9.03 .
    86




---



##### 



Section 9.04 .
  87




---



##### 



Section 9.05 .
  Section 9.06 .
  88




---



##### 



Section 9.07 .
  Section 9.08 .
  89




---



##### 



ARTICLE X
MISCELLANEOUS
 Section 10.01 .
         90




---



##### 



provided however
  Section 10.02 .
 Notices Generally
 Schedule 10.02
   Electronic Communications
 91




---



##### 



Change of Address, Etc
 Reliance by Administrative Agent and Lenders
 Section 10.03 .
  92




---



##### 



Section 10.04 .
 Costs and Expenses
 Indemnification by the Borrower Indemnitee provided
 93




---



##### 



Reimbursement by Lenders provided
 Waiver of Consequential Damages, Etc
 Payments
 Survival
 94




---



##### 



Section 10.05 .
  Section 10.06 .
 Successors and Assigns Generally
 Assignments by Lenders
 95




---



##### 



96




---



##### 



Register Register
 Participations Participant
  97




---



##### 



Limitations upon Participant Rights
 Certain Pledges
 Electronic Execution of Assignments
 provided however
 98




---



##### 



Section 10.07 .
  Information provided
 99




---



##### 



Section 10.08 .
  Section 10.09 .
 Maximum Rate
 Section 10.10 .
  100




---



##### 



Section 10.11 .
  Section 10.12 .
  Section 10.13 .
   101




---



##### 



Section 10.14 .
 Governing Law
 Submission to Jurisdiction
 Waiver of Venue
 102




---



##### 



Service of Process
 Section 10.15 .
  Section 10.16 .
 Act
 Section 10.17 .
  103




---



##### 



[Remainder of page intentionally left blank; signature pages follow]
 104




---



##### 



THE BORROWERRTI INTERNATIONAL METALS, INC.By:Name:Title:THE ADMINISTRATIVE AGENTNATIONAL CITY BANKBy:Name:Title:THE DOCUMENTATION AGENTPNC BANK, NATIONAL ASSOCIATIONBy:Name:Title:THE LENDERSCITIBANK, N.A.By:Name:Title:




---



##### 



PNC BANK, NATIONAL ASSOCIATIONBy:Name:Title:FIFTH THIRD BANKBy:Name:Title:COMERICA BANKBy:Name:Title:KEYBANK NATIONAL ASSOCIATIONBy:Name:Title:NATIONAL CITY BANKBy:Name:Title:




---



##### 



BANK OF AMERICA, N.A.By:Name:Title:PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANYBy:
    Prudential Investment Management, Inc.,as investment managerBy:Name:Title:WELLS FARGO BANK, NATIONAL ASSOCIATIONBy:Name:Title:FIRSTMERIT BANK, N.A.By:Name:Title:TD BANK, N.A.By:Name:Title:




---



##### 



FIRST NATIONAL BANK OF PENNSYLVANIABy:Name:Title:FIRST COMMONWEALTH BANKBy:Name:Title:TRISTATE CAPITAL BANKBy:Name:Title:




---



##### 



Schedule 2.01  To Credit Agreement
 Revolving Credit Commitments and Applicable Revolving Credit Percentages
 Applicable RevolvingRevolving Credit
    
    CreditLender
    
    Commitment
    
    PercentageCitibank, N.A.
    
    $
    40,243,902.44
    
    
    
    20.1219512200
    %PNC Bank National Association
    
    $
    40,243,902.44
    
    
    
    20.1219512200
    %Fifth Third Bank
    
    $
    40,243,902.44
    
    
    
    20.1219512200
    %Comerica Bank
    
    $
    28,170,731.71
    
    
    
    14.08536585550
    %KeyBank National Association
    
    $
    35,000,000.00
    
    
    
    17.5000000000
    %National City Bank
    
    $
    16,097,560.97
    
    
    
    8.0487804850
    %TOTAL:
    
    $
    200,000,000
    
    
    
    100
    %




---



##### 



Schedule 2.02  To Credit Agreement
 Term Loan Commitments and Applicable Term Loan Percentages
 Applicable Term LoanLender
    

Term Loan Commitment
    
    PercentageCitibank, N.A.
    
    $
    9,756,097.56
    
    
    
    4.3360433600
    %PNC Bank National
Association
    
    $
    19,756,097.56
    
    
    
    8.7804878044
    %Fifth Third Bank
    
    $
    19,756,097.56
    
    
    
    8.7804878044
    %Comerica Bank
    
    $
    6,829,268.29
    
    
    
    3.0352303511
    %Bank of America, N.A.
    
    $
    35,000,000.00
    
    
    
    15.5555555556
    %National City Bank
    
    $
    18,902,439.03
    
    
    
    8.4010840133
    %Prudential Retirement
Insurance and Annuity
Company
    
    $
    25,000,000.00
    
    
    
    11.1111111111
    %Wells Fargo Bank, National
Association
    
    $
    25,000,000.00
    
    
    
    11.1111111111
    %FirstMerit Bank, N.A.
    
    $
    20,000,000.00
    
    
    
    8.8888888889
    %TD Bank, N.A.
    
    $
    15,000,000.00
    
    
    
    6.6666666667
    %First National Bank of
Pennsylvania
    
    $
    10,000,000.00
    
    
    
    4.44444444444
    %First Commonwealth Bank
    
    $
    10,000,000.00
    
    
    
    4.44444444444
    %TriState Capital Bank
    
    $
    10,000,000.00
    
    
    
    4.44444444444
    %TOTAL:
    
    $
    225,000,000
    
    
    
    100
    %




---



##### 



Schedule 2.04to Credit Agreement
 RTI INTERNATIONAL, INC.
LETTERS OF CREDIT OUTSTANDING
As of September 8, 2008
 EXPIRATIONBENEFICIARY NAME
    
    AMOUNT
    
    LC #
    
    DATE
    
    ISSUING BANKRoyal Bank of Canada
    
    725,643
    
    228242
    
    1-Mar-09
    
    PNCLiberty Mutual
    
    125,000
    
    257810
    
    1-Mar-09
    
    PNC850,643




---



##### 



Schedule 2.10  To Credit Agreement
 RTI International Metals, Inc.  $425,000,000 Credit Facility  Pricing Grid and Applicable Margins
 LEVEL 1
    
    LEVEL 2
    
    LEVEL 3
    
    LEVEL 4
    
    LEVEL 5
    
    Level 6Leverage Ratio
    
    
    
    
    
    > 0.5:1.0 and
    
    > 1.0:1.0 and
    
    > 1.5:1.0 and
    
    > 2.0:1.0 and(Net Debt / EBITDA)
    
    £ 0.5:1.0
    
    £ 1.0:1.0
    
    £ 1.5:1.0
    
    £ 2.0:1.0
    
    £ 2.5:1.0
    
    >2.5:1.0Facility Fee
    
    10 bps
    
    12 bps
    
    15 bps
    
    20 bps
    
    25 bps
    
    25 bpsRevolving Loans
Applicable Margin
for Eurodollar
Rate Loans; Letter
of Credit Fees
    
    40 bps
    
    48 bps
    
    60 bps
    
    80 bps
    
    100 bps
    
    125 bpsTotal Fee on
Outstanding
Eurodollar
Advances
    
    50 bps
    
    60 bps
    
    75 bps
    
    100 bps
    
    125 bps
    
    150 bpsTerm Loan
Applicable Margin
for Eurodollar
Rate Loans
    
    200 bps
    
    200 bps
    
    200 bps
    
    200 bps
    
    250 bps
    
    250 bpsTerm Loan
Applicable Margin
for Base Rate
Loans
    
    50 bps
    
    50 bps
    
    50 bps
    
    50 bps
    
    100 bps
    
    100 bps
 th




---



##### 



Schedule 5.07  to Credit Agreement
 LITIGATION




---



##### 



Schedule 5.18to Credit Agreement
 SUBSIDIARIES
 JURISDICTION OF
    
    OWNER OF EQUITYSUBSIDIARY
    
    FORMATION
    
    INTERESTS
    
    % OF EACH CLASSBow Steel Corporation
    
    Delaware
    
    New Century Metals, Inc.
    
    100%Bow Steel of Texas
Corporation
    
    Delaware
    
    New Century Metals, Inc.
    
    100%Extrusion Technology
Corporation of America
    
    Ohio
    
    New Century Metals, Inc.
    
    100%NaTi Gas Co.
    
    Ohio
    
    RMI Titanium Company
    
    100%New Century Metals, Inc.
    
    Ohio
    
    RTI Fabrication &
Distribution, Inc.
    
    100%New Century Metals
Southeast, Inc.
    
    Delaware
    
    New Century Metals, Inc.
    
    100%Pierce-Spafford Metals
Company, Inc.
    
    California
    
    New Century Metals, Inc.
    
    100%RMI Delaware, Inc.
    
    Delaware
    
    RMI Titanium Company
    
    100%RMI Metals, Inc.
    
    Utah
    
    RMI Titanium Company
    
    100%RMI Titanium Company
    
    Ohio
    
    RTI International
Metals, Inc.
    
    100%RTI Energy Systems, Inc.
    
    Ohio
    
    RTI Fabrication &
Distribution, Inc.
    
    100%RTI Fabrication &
Distribution, Inc.
    
    Ohio
    
    RTI International
Metals, Inc.
    
    100%RTI Hermitage, Inc.
    
    Ohio
    
    RTI Fabrication &
Distribution, Inc.
    
    100%RTI  St. Louis, Inc.
    
    Missouri
    
    RTI Fabrication &
Distribution, Inc.
    
    100%TRADCO, Inc.
    
    Missouri
    
    RMI Titanium Company
    
    100%RTI Finance Corp.
    
    Ohio
    
    RTI International
Metals, Inc.
    
    100%RTI Martinsville, Inc.
    
    Ohio
    
    RTI International
Metals, Inc.
    
    100%RTI Hamilton, Inc.
    
    Ohio
    
    RMI Titanium Company
    
    100%RTI  Claro, Inc.
    
    Province of Quebec,
Canada
    
    RTI International
Metals, Inc.
    
    100%




---



##### 



JURISDICTION OF
    
    OWNER OF EQUITYSUBSIDIARY
    
    FORMATION
    
    INTERESTS
    
    % OF EACH CLASSRTI Europe Limited
    
    United Kingdom
    
    RTI International
Metals, Inc.
    
    100%RTI France S.A.S.
    
    France
    
    RTI International
Metals, Inc.
    
    100%RTI International
Metals GmbH
    
    Germany
    
    RTI International
Metals Limited
    
    100%RTI International
Metals Limited
    
    United Kingdom
    
    RTI Europe Limited
    
    100%RTI International
Metals Srl
    
    Italy
    
    RTI International
Metals Limited
    
    100%RTI-Reamet S.A.
    
    France
    
    RTI France S.A.S.
    
    99.99%Minority Shareholders: RTI
International
Metals Limited; RTI
Europe Limited;
David Hall; Michael
C. Wellham; Nicolas
de Morpurgo; Dawne
Hickton
    
    0.01%




---



##### 



Schedule 7.01(a)  to Credit Agreement
 EXISTING DEBT
  Lease EndingGuarantor
    
    Lessor
    
    Asset Description
    
    Monthly Payment
    
    DateRMI Titanium Company
    
    Pitney Bowes
    
    Mailing Machine
    
    $190
    
    1/31/2010TRADCO, Inc.
    
    IKON Financial Services
    
    Copiers
    
    $1,380
    
    8/30/2009
  Guarantor
    
    Lender
    
    Asset Description
    
    Amount SecuredRMI Titanium Company
    
    Canton Community
Improvement
Corporation
    
    One Vacuum Arc
Re-Melt 
Furnace
    
    $
    100,000




---



##### 



Schedule 7.01(b)  to Credit Agreement
 EXISTING SUBSIDIARY DEBT
 1.
    
    RTI International Metals Inc. subsidiaries have the following capital leases as of
December 31, 2007:
 Monthly
    
    Lease EndingAffiliate
    
    Lessor
    
    Asset Description
    
    Payment
    
    DateBow Steel Corp.
    
    Penske Leasing
    
    Truck - International 4300
    
    $
    1,023
    
    
    
    5/31/2012Bow Steel Corp.
    
    CT Light & Power
    
    Warehouse & Office Lighting Upgrade
    
    $
    559
    
    
    
    9/30/2008Pierce-Spafford
    
    NMHG Financial Services
    
    Used 1997 Forklift
    
    $
    361
    
    
    
    3/11/2010Pierce-Spafford
    
    NMHG Financial Services
    
    Used 2001 Forklift
    
    $
    426
    
    
    
    3/11/2010Pierce-Spafford
    
    Konica Minolta
    
    Copier
    
    $
    277
    
    
    
    8/30/2010RTI St. Louis
    
    IKON Financial Services
    
    Copiers
    
    $
    370
    
    
    
    9/30/2009RTI UK
    
    Danwood Finance Limited
    
    Copiers
    
    $
    1,900
    
    
    
    6/30/2012
 2.
    
    As of June 30, 2008, RTI Claro, Inc. has a CAD 16 Million ten year term loan due June 30, 2017
with National City Bank, Canada Branch of which the outstanding amount was CAD 14,931,200.00.3.
    
    As of June 30, 2008, RTI Claro, Inc. has a CAD 5,175,000 interest free loan facility
with Investissement Quebec of which CAD 3,657,018 is borrowed. This loan will mature in
March, 2014.




---



##### 



Schedule 7.02  to Credit Agreement
 PERMITTED LIENS
 DEBTOR
    
    SECURED PARTY
    
    COLLATERALRMI Titanium Company
    
    Canton Community Improvement
Corporation
    
    One Vacuum Arc Re-Melt FurnaceRMI Titanium Company
    
    IKON Financial Svcs
    
    Leased photocopier machinesRTI International Metals, Inc.
    
    Caterpillar Financial Services
Corporation
    
    Leased Caterpillar 232B Skid Steer
Loader S/N SCH00797RTI International Metals, Inc.
    
    Caterpillar Financial
Services Corporation
    
    Leased Caterpillar 232B2 Skid
Steer Loader S/N SCH02590TRADCO, Inc.
    
    IKON Office Solutions
    
    Leased Canon IR3300 MPH02318ADF XDZ10849Finisher XEG14547Cassett Feed Unit XDM14820TRADCO, Inc.
    
    Citicorp Del Lease, Inc. dba
Citicorp Dealer Finance
    
    Mitsubishi Model #FGC25KLP S/N
AF82D01300 SideshifterTRADCO, Inc.
    
    US Bancorp
    
    Leased Inter-Tel Axxes w/ Voicemail
per Lease # 156000




---



##### 



Schedule 7.07  to Credit Agreement
 RESTRICTIONS ON DIVIDENDS
 1.
    
    The Credit Agreement between RTI-Claro, Inc. and National City Bank, Canada Branch restricts
the ability of RTI-Claro, Inc. to make dividends and distributions if an Event of Default
(under the RTI-Claro, Inc. Credit Agreement) has occurred and is continuing or would result
from such dividend or distribution.2.
    
    The Offer of Loan between RTI-Claro, Inc. and Investissement Québec requires RTI-Claro, Inc.
to obtain the prior written consent of Investissement Québec before declaring or paying any
dividend to the shareholders of RTI-Claro, Inc.




---



##### 



Schedule 10.02  To Credit Agreement
  Administrative Agent
 1.
    
    Address for all notices:National City Bank
629 Euclid Avenue, 2nd Floor
Locator 01-3028
Cleveland, Ohio 44114Attention: Clarice Jones
Phone: 216.222.7776
Fax: 216.222.0103
E-mail: Clarice.Jones@nationalcity.comAndNational City Bank
1900 E. 9th Street
Locator 01-2083
Cleveland, OH 44114Attention: Tim Holmes
Phone: 216.222.9441
Fax: 216.222.9363
E-mail: Timothy.Holmes@nationalcity.com2.
    
    All payments and transfers of funds to the Administrative Agent shall be made by wire
transfer of immediately available funds to National City Bank, ABA# 041-000-124, Account No.
151810-2711, Account Name: Agent Services, with a reference to RTI International Metals, Inc.
and with sufficient information to identify the source and application of such funds.




---



##### 



Borrower
 1.
    
    Address for all notices:RTI International Metals, Inc.
Westpointe Corporate Center One
1550 Coraopolis Heights Road
Fifth Floor Suite 500
Moon Township, PA 15108-2973Attention: William T. Hull, SVP and CFO
Phone: 412.893.0083
Fax: 412.893.0028
E-mail: bhull@rtiintl.com2.
    
    All payments to the Borrower with respect to the Loan Documents shall be made by wire transfer of
immediately available funds as specified separately by the Borrower to the Administrative
Agent.
 2




---



##### 



National City
    
    (RTI INTERNATIONAL LOGO)
 Activity Notice
 Date:
    
    September 4, 2008TO:
    
    NATIONAL CITY
    
    Sonya Townsell
    
    phone 216-222-2254Sonya.Townsell@nationalcity.com
    
    fax 216-222-0012PLEASE COPY EACH OF THE FOLLOWING:Candace.Marsky@nationalcity.com
    
    phone 216-222-2888Kimberly.Thompson@ nationalcity.com
    
    phone 216-222-3539Daisy.Perez@nationalcity.com
    
    phone 216-222-2314Darlene.Null@nationalcity.com
    
    phone 216-222-2906From:
    
    RTI International Metals, Inc.
    
    BORROWER CONTACT
    
    phoneBorrower Contact email address
    
    fax
 Please check appropriate box:
 o    REVOLVER BASE RATE LOAN
    
    Notice Deadline: 10:00 AM Eastern (Same Day)
 Beginning Balance:
    
    $
    ADVANCE:
    
    $
    
    
    CREDIT DDA#:PAYDOWN:
    
    $
    
    

    DEBIT DDA#:Ending Balance:
    
    $
    
 o
   REVOLVER LIBOR LOAN
    
    Notice Deadline: 12:00 PM Eastern (3 Days Prior)
 Effective Date:ADVANCE NEW FUNDS:
    
    $
    
    
    CREDIT DDA#:CONVERT FROM PRIME:
    
    $
    New LIBOR Contact Total:
    
    $
    Duration of Contract:
    
    o 1 Month o 2 Months o 3 Months o 6 MonthsConfirmation of Rate Setting wil be faxed
 o    SWING LINE BASE RATE LOAN
    
    Notice Deadline: 2:00 PM Eastern (Same Day)
 Beginning Balance:
    
    $
    ADVANCE:
    
    $
    
    
    CREDIT DDA#:PAYDOWN:
    
    $
    
    

    DEBIT DDA#:Ending Balance:
    
    $
    




---



##### 



Exhibit B  To Credit Agreement
 National City®
Agent Services
 To
    
    FromWilliam T. Hull
    
    Sonya TownsellRTI International Metals, Inc.
    
    NATIONAL CITY BANKPhone: 412-893-0083
    
    Phone: 216-222-2254Fax: 412-893-0028
    
    Fax: 216-222-0012Email: bhull@rtiintl
    
    Email: Sonya.Townsell@nationalcity.com
 
 Regarding:
   These are an indication of Rates only. Actual Rate Setting will take place on ___/___/20___.
    1 of 2




---



##### 



Exhibit B  To Credit Agreement
 National City®
Agent Services
 Return To:
    
    NATIONAL CITY BANKFax Number:
    
    216-222-0012Regarding:
    
    LIBOR ActivityMaturity Date:
    
    ___/___/20___Principal Maturing:
    
    USD xxx,xxx.xxEstimated Interest Due:
    
    USD xx,xxx.xx
 Indicative Quoted Rates  (Rates include applicable Spread)
   Option
    
    Quoted Rate (%)LIBOR 1 MONTH
    
    
    0.00000
    %LIBOR 2 MONTHS
    
    
    0.00000
    %LIBOR 3 MONTHS
    
    
    0.00000
    %LIBOR 6 MONTHS
    
    
    0.00000
    %
   Convert To Prime:Convert From Prime:New Money Borrowing:Payment:Scheduled Amortization:New LIBOR Amount:
 Authorized By:XXXXX
 2 of 2




---



##### 



Exhibit C  To Credit Agreement
 FORM OF REVOLVING CREDIT COMMITMENT INCREASE NOTICE
 nd
    
  Borrower Credit Agreement Proposed Commitment Increase
    
  1
   
 1
    
    [Insert amount of at least $10,000,000 or an integral
multiple of $5,000,000 in excess thereof]




---



##### 



Very truly yours,
RTI INTERNATIONAL METALS, INC.By:Name:Title - 2 -




---



##### 



Exhibit D  To Credit Agreement
 FORM OF PROMISSORY NOTE (REVOLVING LOAN)
 $[]
    
    Dated: [][], 20[] []
 Borrower  Lender  Credit Agreement




---



##### 



RTI INTERNATIONAL METALS, INC.By:Name:Title:




---



##### 



Exhibit E
 To Credit Agreement
 FORM OF PROMISSORY NOTE (TERM LOAN)
 $[]
    
    Dated: [][], 20[] []
 Borrower  Lender  Credit Agreement




---



##### 



RTI INTERNATIONAL METALS, INC.By:Name:Title:




---



##### 



Exhibit F  To Credit Agreement
 FORM OF
 ASSIGNMENT AND ASSUMPTION
 Assignment and Assumption Insert name of Assignor Assignor Insert name of Assignee Assignee Credit Agreement
 Assigned Interest
 1.
    
    Assignor:2.
    
    Assignee:[and is an Affiliate/Approved Fund of [identify Lender]1]3.
    
    Borrower:
    
    RTI International Metals, Inc., an Ohio corporation4.
    
    Administrative Agent:
    
    National City Bank, as the administrative agent under the Credit Agreement5.
    
    Credit Agreement:
    
    The Four Hundred Twenty Five Million and 00/100 Dollar ($425,000,000.00) Credit Agreement dated
as of September 8,
 
 1
    
    Select as applicable.




---



##### 



2008, among RTI International Metals, Inc., an Ohio corporation, the
Lenders parties thereto, National City Bank, as Administrative Agent,
and the other agents parties thereto
  AggregateAmount of
    
    
    
    PercentageRevolving
    
    Amount of
    
    Assigned
    
    AggregateCredit
    
    Revolving
    
    of
    
    Amount ofCommitment/
    
    Credit
    
    Revolving
    
    Term Loan
    
    
    
    PercentageRevolving
    
    Commitment/
    
    Credit
    
    Commitment/Term
    
    Amount of
    
    Assigned ofLoans for
    
    Revolving
    
    Commitment/
    
    Loans for
    
    Term Loan
    
    Term LoanAssign
    
    
    
    all
    
    Loans
    
    Revolving
    
    all
    
    Commitment/Term
    
    Commitment/ Termor[s]2
    
    Assignee[s]3
    
    Lenders4
    
    Assigned5
    
    Loans6
    
    Lenders7
    
    Assigned8
    
    Loans9$
    
    $
    
    %
    
    $
    
    $
    
    %$
    
    $
    
    %
    
    $
    
    $
    
    %$
    
    $
    
    %
    
    $
    
    $
    
    %
 10
 
 
 2
    
    List each Assignor, as appropriate.3
    
    List each Assignee, as appropriate.4
    
    Amount to be adjusted by the counterparties to take
into account any payments or prepayments made between the Trade Date and the
Effective Date.5
    
    Amount to be adjusted by the counterparties to take
into account any payments or prepayments made between the Trade Date and the
Effective Date.6
    
    Set forth, to at least 9 decimals, as a percentage of
the Revolving Credit Commitment/Revolving Loans of all Lenders thereunder.7
    
    Amount to be adjusted by the counterparties to take
into account any payments or prepayments made between the Trade Date and the
Effective Date.8
    
    Amount to be adjusted by the counterparties to take
into account any payments or prepayments made between the Trade Date and the
Effective Date.9
    
    Set forth, to at least 9 decimals, as a percentage of
the Term Loan Commitment/Term Loans of all Lenders thereunder.10
    
    To be completed if the Assignor and the Assignee
intend that the minimum assignment amount is to be determined as of the Trade
Date. 2




---



##### 



ASSIGNOR[NAME OF ASSIGNOR]By:Title:ASSIGNEE[NAME OF ASSIGNEE]By:Title:
 [Consented to and]11 Accepted:NATIONAL CITY BANK, as
   Administrative AgentByTitle:[Consented to:]12[RTI INTERNATIONAL METALS, INC.],
as BorrowerByTitle:
 
 11
    
    To be added only if the consent of the Administrative
Agent is required by the terms of the Credit Agreement.12
    
    To be added only if the consent of the Borrower is
required by the terms of the Credit Agreement. 3




---



##### 



RTI INTERNATIONAL METALS, INC.
$350,000,000 CREDIT AGREEMENT
 
 Representations and Warranties
 Assignor
 Assignee
 Payments ,
 General Provisions




---



##### 



2




---



##### 



Exhibit G  To Credit Agreement
 FORM OF SUBSIDIARY GUARANTY
 FIRST AMENDED AND RESTATED SUBSIDIARY GUARANTY
   Borrower ),  Existing Credit Agreement )
  Existing Guaranty );
  Credit Agreement 
  Guarantor   Guarantors )
  ARTICLE I
 DEFINITIONS
 Section 1.01 Definitions




---



##### 



 Guaranteed Obligation s
  Guaranteed Parties 
 ARTICLE II
 GUARANTEE
 Section 2.01 The Guarantee
 Section 2.02 Guarantee Unconditional
 - 2 -




---



##### 



provided
     Section 2.03 Limit of Liability
 - 3 -




---



##### 



 Contribution Percentage ), provided
 Section 2.04 Discharge; Reinstatement in Certain Circumstances
 Section 2.05 Waiver
 Section 2.06 Subrogation and Contribution
 - 4 -




---



##### 



Section 2.07 Stay of Acceleration
 ARTICLE III
 REPRESENTATIONS AND WARRANTIES
  Section 3.01 Corporate Existence and Power
 Section 3.02 Corporate and Governmental Authorization; No Contravention
     - 5 -




---



##### 



Section 3.03 Binding Effect
 Section 3.04 Not an Investment Company
 ARTICLE IV
 MISCELLANEOUS
 Section 4.01 Notices
 Section 4.02 No Waiver
 Section 4.03 Amendments and Waivers
 Section 4.04 Successors and Assigns
 Section 4.05 Taxes provided
 - 6 -




---



##### 



Section 4.06 Effectiveness
 Section 4.07 GOVERNING LAW; SUBMISSION TO JURISDICTION
 Section 4.08 WAIVER OF JURY TRIAL
 Section 4.09 WAIVER OF CONSEQUENTIAL DAMAGES
 Section 4.10 Right of Setoff
 Section 4.11 Additional Guarantors Exhibit B
 Section 4.12 Judgment Currency
 - 7 -




---



##### 



 Other Currency )  Required Currency )  Payee )
 Section 4.13 Amendment and Restatement
  - 8 -




---



##### 



RMI TITANIUM COMPANY, an Ohio corporationBy:Name:Title:TRADCO, INC., a Missouri corporationBy:Name:Title:NEW CENTURY METALS SOUTHEAST, INC., a Delaware corporationBy:Name:Title:EXTRUSION TECHNOLOGY CORPORATION OF AMERICA, an Ohio corporationBy:Name:Title:




---



##### 



RTI ENERGY SYSTEMS, INC.,
an Ohio corporationBy:Name:Title:RTI FINANCE CORP., an Ohio corporationBy:Name:Title:




---



##### 



Exhibit A




---



##### 



EXHIBIT B
TO
SUBSIDIARY GUARANTY
 FORM OF GUARANTY SUPPLEMENT
  Guaranty ),
 
 [NAME OF SUBSIDIARY GUARANTOR]By:Name:Title: ACKNOWLEDGED AND AGREED
as of the date first above written:NATIONAL CITY BANKas Administrative AgentBy:Name:Title:




---



##### 



Exhibit I  To Credit Agreement
 FORM OF COMPLIANCE CERTIFICATE
 
 To:
    
    National City Bank, as Administrative Agent
  Agreement Borrower
 
 [Use following paragraph 1 for fiscal year-end financial statement]
 Schedule 1 Section 6.01(a)
 [Use following paragraph for fiscal quarter-end financial statements]
 Schedule 1 Section 6.01(b)
 [select one:]
  [or]




---



##### 



Schedule 2
  - 2 -




---



##### 



IN WITNESS WHEREOF.
 RTI INTERNATIONAL METALS, INC., an Ohio corporation:By:Name:Title:




---



##### 



Statement Date
 SCHEDULE 1




---



##### 



Statement Date
 SCHEDULE 2
 RTI TO PREPARE SPREADSHEET WITH LINE ITEM CALCULATIONS OF THE FOLLOWING
 I.
    
    7.04(a)  Leverage Ratio.II.
    
    7.04(b)  Interest Coverage Ratio.