5

The schedule contains summary financial information extracted from the Graham Corporation consolidated balance sheet and consolidated statement of operations and retained earnings and is qualified in its entirety by reference to such financial statements.

1,000 3-MOS MAR-31-1998 JUN-30-1997 14 548 9,682 8 5,986 17,551 24,950 15,487 28,965 7,989 1,226 0 0 160 13,041 28,965 12,073 12,073 8,300 8,300 0 0 79 758 266 492 0 0 0 492 0.30 0.29