Metallurg, Inc. ("Metallurg") is a leading international producer and seller of high quality metal alloys.  Metallurg Holdings, Inc. ("Holdings") is a holding company and does not have any material operations or assets other than its 100% ownership of Metallurg. Holdings is wholly owned by a group of investors led by and including Safeguard International Fund, L.P. an international private equity fund that invests primarily in equity securities of companies in process industries.