ATK Press Release:

ATK Announces Private Offering of $300 million of Senior Notes

Oct 22, 2013

ARLINGTON, Va., Oct. 22, 2013 /PRNewswire/ -- ATK (NYSE: ATK) announced today its intention to offer $300 millionaggregate principal amount of senior notes due 2021 (the "Notes"). The Notes will be general unsecured unsubordinated obligations of ATK and will be guaranteed on a general unsecured unsubordinated basis by certain of its existing and future subsidiaries.

ATK intends to use the net proceeds from the offering to fund a portion of its previously announced acquisition of Bushnell Group Holdings, Inc. ATK intends to use the additional net proceeds, if any, for general corporate purposes.

The Notes and the related subsidiary guarantees will be offered in the United States to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United Statesonly to non-U.S. investors pursuant to Regulation S under the Securities Act.  The Notes and the related subsidiary guarantees will not initially be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requirements of the Securities Act or any state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior registration or qualification under the securities laws of any such jurisdiction.

ATK is an aerospace, defense and commercial products company with operations in 21 states, Puerto Rico and internationally.

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