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Symmetry Medical Reports Third Quarter 2008 Financial Results
Date:11/12/2008

nce to a range of $417 million to $422 million, up from the previously announced range of $410 million to $420 million. This increase is based on current order flow and anticipated customer demand for the remainder of 2008.

For the full year 2008, the Company is adjusting guidance for diluted earnings per share in the range of $0.41 to $0.43, which reflects the third quarter results, additional non-cash foreign exchange impact given current market rates, a higher tax rate, and a delay in the Sheffield operating unit's return to profitability. The Sheffield operating unit incurred a lower operating loss during the third quarter 2008 and recorded operating income in the month of September. However, given the impact of foreign exchange and slower than expected improvements, the Company does not expect the Sheffield unit to reach profitability for the full fourth quarter of 2008 as previously anticipated but does expect that Sheffield will exit the fourth quarter of 2008 at break-even operating income.

Conference Call

Symmetry Medical will host a conference all at 8:00 a.m. ET on November 12, 2008. A live Web cast of the conference call will be available online from the investor relations page of the Company's corporate website at http://www.symmetrymedical.com. The dial-in numbers are (800) 706-7748 for domestic callers and (617) 614-3473 for international. The reservation number for both is 10092834. After the live Web cast, the call will remain available on Symmetry Medical's Web site through February 12, 2009. In addition, a telephonic replay of the call will be available until November 19, 2008. The replay numbers are (888) 286-8010 for domestic callers and (617) 801-6888 for international callers. Please use reservation code 24192002.

About Symmetry Medical Inc.

Symmetry Medical Inc. is a leading independent provider of implants and related instruments and cases to the
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SOURCE Symmetry Medical Inc.
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