ALDILA, INC. 
By March 28, 2013
OTC Disclosure & News Service
Poway, CA -
Investor/Media Contacts:
Scott M. Bier, Vice President, CFO
Sylvia J. Castle, Investor Relations
Aldila, Inc. (858) 513-1801
FOR IMMEDIATE RELEASE
ALDILA Closes Merger Agreement with Mitsubishi Rayon America
Poway, CA, March 28, 2013 - ALDILA, INC. (formerly OTCQX:ALDA) announced today that Aldila has closed the merger (the "Merger") as contemplated by the merger agreement (the "Merger Agreement") with Mitsubishi Rayon America, Inc. ("MRA"). The official effective time of the merger will be April 1, 2013.
Shareholders, upon delivery of their shares and a transmittal letter to the paying agent pursuant to the terms of the Merger Agreement, will receive cash consideration of $4.00 per share. Trading in Aldila's shares on OTCQX was terminated at the close of trading on March 28, 2013.
Aldila, which merged with a wholly-owned subsidiary of MRA, will continue as the surviving corporation and has become a wholly-owned subsidiary of MRA. MRA is a wholly-owned subsidiary of Mitsubishi Rayon Co., Ltd. ("MRC") and part of the Mitsubishi Chemical Holdings Corporation group.
Aldila's Board of Directors ("Board") unanimously approved the Merger, which was also approved by Aldila's stockholders. Joining with MRC will better enable Aldila to capitalize on Aldila's business opportunities offered by the growing demand for carbon fiber based materials in a number of industries. The sale will allow Aldila to leverage MRC's resources to more effectively take advantage of the business opportunities open to Aldila.
"Aldila has joined a world class Advanced Composite Materials company that is fully integrated from the base raw material acrylonitrile, precursor, carbon fiber and prepreg materials.
