May 12, 2006

SERVOTRONICS, INC. (AMEX– SVT ) ANNOUNCES
1ST QUARTER RESULTS FOR 2006

Elma, NY -- Servotronics , Inc. (Amex – SVT) reported net income of $273,000 (or $0.13 per share – Basic and $.012 per share - Diluted) on revenues of $5,678,000 for the first quarter ended March 31, 2006 as compared to net income of $134,000 (or $0.06 per share Basic and Diluted) on revenues of $5,684,000 for the comparable period ended March 31, 2005.

The Company is composed of two groups – the Advanced Technology Group (ATG) and the Consumer Products Group (CPG). The ATG primarily designs, develops and manufactures servo control and other components for various commercial and government applications (i.e., aircraft, jet engines, missiles, satellite launch vehicles, etc.). The CPG designs and manufactures cutlery, bayonets, machetes and combat, survival, sporting, agricultural, and pocket knives for both commercial and government applications.

First quarter revenues at the ATG increased by approximately 29% (i.e., $836,000). However, this increase was offset by a similar size decrease in revenues at the CPG. The decrease in revenues at the CPG was primarily the result of the scheduled completion of a substantial U.S. Government contract for a U.S. Marine Corps (USMC) combination Combat Knife/Bayonet system. New Government contracts for other recently developed CPG products are continuing to be received but not yet in the amount that fully replaces the high volume of accelerated deliveries associated with the aforementioned USMC contract.

The current growth in the aerospace industry is directly benefiting the Company because of the many control components it is supplying for applications on the Boeing 700 and Airbus 300 series of commercial airlines, various regional/business jets and significant military programs. Quantity purchase orders and deliveries for commercial aircraft by both Boeing and Airbus have increased substantially from the industry’s lows subsequent to 9/11. Also, during the past year the Company has successfully negotiated multi-year agreements for a wide range of control products with certain of its largest customers. One of these multi-year agreements is for control components used on the Standard Missile and extends to the year 2010. It is expected that the revenue value of the agreement will be in excess of $2,000,000 per year and in excess of $11,000,000 through the life of the agreement.

In January of 2006, the Company’s Board of Directors authorized the purchase by the Company of up to 250,000 shares of its common stock in the open market or in privately negotiated transactions. As of May 11, 2006 , the Company has purchased or has committed to purchase 86,157 shares under this program.

SERVOTRONICS, INC. ( SVT) IS LISTED ON THE AMERICAN STOCK EXCHANGE.