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Symmetry Medical Reports Fourth Quarter and Full Year 2008 Financial Results
Date:2/24/2009

hich are available on the SEC's Web site at www.sec.gov.

    Investors/Media:
    The Ruth Group
    Nick Laudico/Jason Rando
    646-536-7030/7025
    nlaudico@theruthgroup.com
    jrando@theruthgroup.com

    Contact:
    Symmetry Medical Inc.
    Fred Hite
    Senior Vice President
    Chief Financial Officer
    (574) 371-2218

    Symmetry Medical Inc.
    Consolidated Statements of Operations

                             Three Months Ended        Twelve Months Ended
                           January 3,  December 29,  January 3,  December 29,
                              2009          2007        2009          2007
                                  (In Thousands, Except Per Share Data)
                           (unaudited)   (unaudited)
    Revenue                  $99,662       $80,662    $423,406      $290,922
    Cost of Revenue           76,315        65,825     323,048       238,343

    Gross Profit              23,347        14,837     100,358        52,579
    Selling, general,
     and administrative
     expenses                 13,866        11,274      58,340        39,484

    Operating Income           9,481         3,563      42,018        13,095
    Other (income) expense:
    Interest expense           1,792         1,909      10,092         6,917
    Derivatives valuation
     (gain)/ loss             (1,419)       (1,100)     (2,460)        1,740
    Other                        293         5,768       2,874          (503)

    Income before
     income taxes              8,815        (3,014)     31,512         4,941
    Income tax expense        (2,502)        2,359       7,493         5,090

    Net income               $11,317       $(5,373)    $24,019         $(149)

    Net income per share:
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SOURCE Symmetry Medical Inc.
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