THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Aeroflex Incorporated (ARXX)

10/6/2005 Proxy Information

Until his retirement in September 1988, Mr. Brenner was President of Aeroflex Laboratories Incorporated, a subsidiary of Aeroflex Incorporated, for more than 15 years.

Our Chairman of the Board and Chief Executive Officer, Mr. Harvey R. Blau, is also Chairman of the Board and Chief Executive Officer of Griffon Corporation. During fiscal 2005, a subsidiary of Griffon Corporation purchased products from us for an aggregate $163,000 in various arms length transactions.

10/6/2004 Proxy Information

Our Chairman of the Board and Chief Executive Officer, Mr. Harvey R. Blau, is also Chairman of the Board and Chief Executive Officer of Griffon Corporation. During fiscal 2004, a subsidiary of Griffon Corporation purchased products from us for an aggregate $416,900 in various arms length transactions.

Mr. Brenner was President of Aeroflex Laboratories Incorporated, one of our subsidiaries, for more than 15 years.

10/6/2003 Proxy Information

Our Chairman, Mr. Blau, is also Chairman of the Board and Chief Executive Officer of Griffon Corporation. During fiscal 2003, a subsidiary of Griffon Corporation purchased products from us for an aggregate $255,986 in various arms length transactions. Mr. Blau was also, until November 30, 2002, a member of the law firm of Blau, Kramer, Wactlar & Lieberman, P.C., which law firm was, and its successor Kramer, Coleman, Wactlar & Lieberman, P.C. is, our general counsel. For the fiscal year ended June 30, 2003, we paid Kramer, Coleman, Wactlar & Lieberman, P.C. approximately $488,000 in legal fees.

Mr. Milton Brenner has been a director of Aeroflex Incorporated since August 1988. Until his retirement in September 1988, he was President of Aeroflex Laboratories Incorporated, a subsidiary of Aeroflex Incorporated, for more than 15 years. Mr. Brenner was previously a director from 1973 to 1986.