ST. CLAIR SHORES, Mich., Aug. 19 /PRNewswire-FirstCall/ -- Federal Screw Works (Pink Sheets: FSCR) reports a net loss for the fiscal year ended June 30, 2005, of $(6,104,000), or $(4.38) per share, on sales of $86,796,000. For the year ended June 30, 2004, the Company reported net earnings of $1,249,000, or $.87 per share, on sales of $90,658,000. The net loss for the fourth quarter ended June 30, 2005, was $(1,199,000), or $(.87) per share, on sales of $22,611,000. Net earnings for the fourth quarter ended June 30, 2004, were $603,000, or $.42 per share, on sales of $24,058,000. The loss includes $(2,075,000), or $(1.49) per share, and $(351,000), or $(.25) per share, for the fiscal year and fourth quarter, respectively, for charges related to the closing of the Chelsea Division. The Board of Directors has declared a regular quarterly cash dividend of $.10 per share, payable October 3, 2005, to shareholders of record September 2, 2005. DATASOURCE: Federal Screw Works CONTACT: W. T. ZurSchmiede, Jr., Chairman and CFO of Federal Screw Works, +1-586-443-4152 Web site: http://www.federalscrew.com/

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