Aerojet Rocketdyne Holdings
Feb 5, 2003

GenCorp Board Declares Quarterly Dividend

SACRAMENTO, Calif., Feb 5, 2003 /PRNewswire-FirstCall via COMTEX/ -- The Board of Directors of GenCorp Inc. (NYSE: GY) declared a quarterly cash dividend of three cents per share on the issued and outstanding ten cents par value common stock of the Company, payable February 28, 2003 to shareholders of record on February 18, 2003 at 5:00 p.m. Eastern Standard Time.

GenCorp is a global, technology-based manufacturer with leading positions in automotive, aerospace and defense and pharmaceutical fine chemical industries. For more information on GenCorp visit the Company's web site at http://www.gencorp.com.

SOURCE GenCorp Inc.

CONTACT:
Investors, Yasmin Seyal, Senior Vice President & Chief
Financial Officer, +1-916-351-8585, or Press, Linda Beech Cutler, Vice
President, Corporate Communications, +1-916-351-8650, both of GenCorp Inc.

URL:
http://www.gencorp.com

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