---

GenCorp Elects D. Michael Steuert to Its Board of Directors

1 April 1999

GenCorp Elects D. Michael Steuert to Its Board of Directors

    FAIRLAWN, Ohio, April 1 -- GenCorp announced today
the election of D. Michael Steuert to its board of directors, effective
immediately.  Mr. Steuert is Senior Vice President and Chief Financial Officer
of Litton Industries.  The election took place at GenCorp's regularly
scheduled annual shareholder meeting on March 31, 1999.
    "We are very pleased over Mike's election to the board which will allow
GenCorp to continue to benefit from his insight and knowledge of the Company,
particularly as we progress through the plan to spin off Performance Chemicals
and Decorative & Building Products as a separately traded public company,"
said Chairman and CEO John Yasinsky.
    Prior to joining Litton this year, Mr. Steuert was Senior Vice President
and CFO for GenCorp, a position he held since 1994.  He joined GenCorp in
1986, coming from TRW where he was the Senior Finance Director of TRW's
Automotive Worldwide Sector and Controller for the TRW Valve Division in
Cleveland, Ohio.
    Mr. Steuert is a founding member of the Carnegie Mellon University
Graduate School of Industrial Administration Council on Finance, a member of
the Conference Board's Council of CFO's, the National Financial Executives
Institute, and the Northeast Ohio chapter of the Financial Executives
Institute.
    A native of Oklahoma City, he earned his bachelor's degree in physics and
a master's degree in industrial administration from Carnegie Mellon
University, Pittsburgh, Pennsylvania.
    Also at GenCorp's annual shareholder meeting, Directors' Charles A. Corry,
Chairman of the Executive Committee of USX Corporation, William K. Hall,
Chairman and CEO of Falcon Building Products, Inc., and Dr. Robert K.
Jaedicke, Professor of Accounting at Stanford University, were elected to
serve another term through March 2002.
    Retiring from GenCorp's board this year after 10 years of service was P.X.
Kelley, partner in the investment firm of J.F. Lehman & Company and former
Commandant of the United States Marine Corp, and Bob Kunisch, Vice Chairman of
Cendant Corporation, after seven years of service.  "We will miss their
significant contributions and thank them for their valuable years of service
to GenCorp," Yasinsky said.
    GenCorp is a $1.7 billion technology based manufacturer with leading
positions in numerous markets served by its Performance Chemicals, Decorative
& Building Products, Aerospace and Defense and Vehicle Sealing businesses.