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Teledyne Technologies Appoints New Chief Financial Officer

LOS ANGELES, October 2, 2000 - Teledyne Technologies Incorporated (NYSE:TDY) today announced the appointment of Robert J. Naglieri as senior vice president and chief financial officer.

Naglieri comes to Teledyne after spending 24 years at General Electric and more than five years with Case Corp., where he was vice president and controller. Most recently, he served as senior vice president and chief financial officer, Agriculture Business of CNH Global N.V. CNH was recently formed through the merger of Case Corp. and New Holland N.V. in November 1999. At Teledyne Technologies, Naglieri will oversee all aspects of corporate financial management and planning, including investor relations. Naglieri received a bachelor of science degree in accounting from Saint Peter's College in New Jersey.

"Bob brings a wealth of financial experience to Teledyne," said Robert Mehrabian, president and chief executive officer of Teledyne Technologies. "His strong background in operations will further enhance our ability to establish Teledyne as a disciplined operating company while we continue to invest in our high growth optoelectronics and wireless communications businesses."

"I'm delighted to be afforded this outstanding opportunity and be a part of the continued transformation of a great company," said Naglieri.

Teledyne Technologies is a leading provider of sophisticated electronics and communications products, systems engineering solutions, and aerospace products and components, with operations in the United States, the United Kingdom and Mexico.

Investor Contact:
Jason VanWees
(310) 893-1642

Press Contact:
Robyn McGowan
(310) 893-1640

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