5

THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE GRAHAM CORPORATION CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

1,000 12-MOS DEC-31-1996 DEC-31-1996 1,263 745 9,235 40 6,343 18,936 24,866 15,294 30,434 10,757 1,442 159 0 0 11,696 30,434 51,394 51,394 35,993 35,993 0 26 355 3,924 863 3,061 0 0 0 3,061 1.90 1.90