EnPro Industries Announces Expiration of Exchange Offer for Its Unregistered 5.875% Senior Notes Due 2022

CHARLOTTE, N.C.–(BUSINESS WIRE)–EnPro Industries, Inc. (NYSE: NPO) today announced the expiration of its
offer to exchange up to $150 million of 5.875% Senior Notes due 2022
(the “New Notes”), which have been registered under the Securities Act
of 1933, as amended, for its outstanding unregistered 5.875% Senior
Notes due 2022 issued on March 24, 2017 (the “Original Notes”) (CUSIP
Nos. 29355X AE7 and U29300 AB3). The exchange offer, which commenced on
October 16, 2017, expired at 5:00 p.m., New York City time, on
November 14, 2017 (the “expiration time”).

As of the expiration time, all $150 million aggregate principal amount
of outstanding Original Notes had been validly tendered for exchange and
not withdrawn. The Company has accepted all Original Notes validly
tendered and not withdrawn. Settlement of the exchange offer is expected
to occur on Thursday, November 16, 2017.

The Company conducted the exchange offer to satisfy its obligations
under the terms of registration rights agreement entered into in
connection with the sale of the Original Notes completed on March 24,
2017 and does not represent a new financing transaction. The Company
will not receive any proceeds from the exchange offer. The terms of the
New Notes are substantially identical to those of the Original Notes,
except that certain transfer restrictions, registration rights and
additional interest provisions related to the registration rights
applicable to the Original Notes do not apply to the New Notes.

This news release is for informational purposes only and is not an offer
to buy or the solicitation of an offer to sell any securities of EnPro
Industries, Inc. The exchange offer was made only pursuant to the
exchange offer documents, including the prospectus and the letter of
transmittal that have been distributed to holders of the Original Notes
and filed with the Securities and Exchange Commission.

About EnPro Industries

EnPro Industries, Inc. is a leader in sealing products, metal polymer
and filament wound bearings, components and service for reciprocating
compressors, diesel and dual-fuel engines and other engineered products
for use in critical applications by industries worldwide. For more
information about EnPro, visit the company’s website at http://www.enproindustries.com.

Contacts

EnPro Industries, Inc.
Chris O’Neal, 704-731-1527
Senior Vice
President – Strategy, Corporate Development and Investor Relations
investor.relations@enproindustries.com