June 30 2006

SERVOTRONICS, INC.
(AMEX-SVT)

Servotronics , Inc.’s annual meeting was held in Buffalo , New York on Friday, June 30, 2006 . The Company’s current successes were reviewed and presented.

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 aircraft, various regional/business jets and significant military programs. 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.

Servotronics’ Advanced Technology Group designs, develops and manufactures servo control and other components for various commercial and government applications (i.e., aircraft, jet engines, missiles, industrial equipment, etc.). Its Consumer Products Group designs and manufactures cutlery, bayonets, machetes and combat, survival, sporting, agriculture, and pocket knives for both commercial and government applications.

The Company reported that continuing product development and marketing efforts are resulting in both new product inquiries and prototype orders. The Company’s expansion of its activities in the medical markets and industrial applications has progressed from supplying prototypes to receiving production orders. Also, the Company’s increased presence in the global markets is also resulting in new prototype and preproduction orders for its proprietary control products.

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 June 30, 2006 , the Company has acquired 124,226 shares during the past 5 months.

Re-elected as Company Directors at the meeting were Dr. Nicholas D. Trbovich, Donald W. Hedges, Dr. William H. Duerig, and Nicholas D. Trbovich, Jr.

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