TAT Technologies Ltd. — Capital/Financing Update 2007

Apr 17, 2007

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TAT TECHNOLOGIES LTD.

P.O.BOX 80, GEDERA 70750 ISRAEL

AT THE COMPANY

Mr. Israel Ofen Executive Vice-President and Chief Financial Officer 011-972-8-859-5411

FOR IMMEDIATE RELEASE

April 17, 2007

GEDERA, Israel, April 17, 2007 -- TAT Technologies Ltd. (NASDAQ: TATTF) announced today that its wholly-owned subsidiary, Limco-Piedmont Inc., filed a registration statement with the Securities and Exchange Commission yesterday with respect to a proposed underwritten initial public offering of shares of common stock.

Limco-Piedmont Inc. expects to use the proceeds from the offering for general corporate purposes, including working capital, and for the repayment of approximately $4 million in indebtedness to TAT Technologies.

The underwriters of the offering are Oppenheimer & Co. Inc. and Stifel, Nicolaus & Company, Incorporated. When available, copies of a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933 relating to this offering may be obtained from Oppenheimer & Co. Inc., 125 Broad Street, 15th floor, New York, NY 10004, Telephone (212) 668-8000. Electronic copies of the registration statement are available from the Securities and Exchange Commission’s website address at www.sec.gov.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

About Limco-Piedmont Inc.

Limco-Piedmont Inc. is a leading provider of maintenance, repair and overhaul, or MRO, services and parts supply services to the aerospace industry. Limco-Piedmont specializes in MRO services for components of aircraft, such as heat transfer components, auxiliary power units, propellers, landing gear and pneumatic ducting. Limco-Piedmont is also an original equipment manufacturer of heat transfer equipment for airplane manufacturers and other related products.

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Limco-Piedmont was incorporated on February 28, 2007 as a successor to Limco-Airepair, Inc., which was incorporated in Oklahoma in 1995 upon the merger of three aerospace companies that had been acquired by TAT Technologies Ltd. from 1992 to 1995.

About TAT Technologies

TAT, together with its subsidiaries, is principally engaged in the manufacture, repair and overhaul of heat transfer equipment, such as heat exchangers, precoolers and oil/fuel hydraulic coolers used in aircraft, defense systems, electronic equipment and other applications. In addition the company manufactures and overhauls aircraft accessories and systems such as pumps, valves, power systems, turbines, etc.

Att’n: TAT Technologies Mr. Israel Ofen Executive Vice-President and Chief Financial Officer +972-8-859-5411

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