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 9-MOS MAR-31-1998 DEC-31-1997 2,492 3,405 7,309 8 7,439 21,989 25,130 15,611 33,441 10,879 952 0 0 169 15,235 33,441 38,601 38,601 26,271 26,271 0 0 201 2,561 846 1,715 0 0 0 1,715 1.04 1.01