EXHIBIT 99.1


          KAMAN CORPORATION'S REMAINING 6% CONVERTIBLE
         SUBORDINATED DEBENTURES DUE 2012 (NASDAQ:KAMNG)
      TO MOVE TO THE OTC BULLETIN BOARD ON FEBRUARY 4, 2004


BLOOMFIELD, Conn. (January 29, 2004) - - Kaman Corporation has
received a letter from The NASDAQ Stock Market, notifying the
company that its remaining 6% Convertible Subordinated Debentures
due 2012 (NASDAQ:KAMNG), originally issued in 1987 and paid down
or converted from an original balance of $95 million to a current
balance of less than $24 million, will be delisted from the Nasdaq
Small Cap Market at the opening of business on February 4, 2004.
The securities are then expected to trade on the OTC bulletin
board from that date forward under the symbol KAMNG.

Marketplace Rule 4310(c)(1) requires that listed securities have
at least two market makers over the previous 10 consecutive
trading days to qualify for listing, a requirement that these
debentures, now several years into their sinking fund phase and
not traded since September 2003, no longer meet.  Because the
issue is small and in the late stages of its life, the company has
elected not to take advantage of either an appeal process or
Marketplace Rule 4310 (c)(8)(A) that provides for a period of 30
days to secure additional market makers for the security.  This
notice is issued to satisfy Marketplace Rule 4815(b).

Kaman's publicly traded Class A Common Shares (NASDAQ:KAMNA) are
not affected by this action.

Kaman Corporation, headquartered in Bloomfield, Conn., conducts
business in the aerospace, industrial distribution and music
distribution markets.

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Contact:
Russell H. Jones
SVP, Chief  Investment Officer & Treasurer
(860) 243-6307
rhj-corp@kaman.com