SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 November 13, 2002 ------------------------------------------------------------------------------- (Date of Report, date of earliest event reported) TITANIUM METALS CORPORATION ------------------------------------------------------------------------------- (Exact name of Registrant as specified in its charter) Delaware 0-28538 13-5630895 -------------------------------------------------------------------------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation) Number) 1999 Broadway, Suite 4300, Denver, CO 80202 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (303) 296-5600 ------------------------------------------------------------------------------- (Registrant's telephone number, including area code) Not Applicable ------------------------------------------------------------------------------- (Former name or address, if changed since last report) Item 5: Other Events On November 11, 2002 the Registrant issued the press release attached hereto as Exhibit 99.1, which is incorporated herein by reference. The press release relates to an announcement by Registrant of the signing of a Letter of Intent appointing Titanium Industries, Inc. as the exclusive North American distributor of certain of the Registrant's products. Item 7: Financial Statements, Pro Forma Financial Information and Exhibits (c) Exhibits Item No. Exhibit List -------- ----------------------------------------------------------- 99.1 Press Release dated November 11, 2002 issued by Registrant. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TITANIUM METALS CORPORATION (Registrant) By: /s/ Joan H. Prusse ------------------------------- Joan H. Prusse Vice President, Deputy General Counsel and Secretary Date: November 13, 2002 EXHIBIT 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE: CONTACT: Titanium Metals Corporation Investor Relations and Media: ---------------------------- 1999 Broadway, Suite 4300 Mark A. Wallace Denver, Colorado 80202 Executive Vice President and Chief Financial Officer (303) 296-5615 Product and Technical: --------------------- Carmen Mauro Sales Mgr Industrial (832) 467-1834 TIMET AND TITANIUM INDUSTRIES SIGN LETTER OF INTENT ON NORTH AMERICAN DISTRIBUTION OF CERTAIN TIMET PRODUCTS DENVER, COLORADO . . . November 11, 2002 . . . Titanium Metals Corporation ("TIMET") (NYSE: TIE) and Titanium Industries Inc. have signed a letter of intent agreeing in principle to TIMET's appointment of Titanium Industries as the exclusive North American distributor of titanium pipe, fittings and flanges produced by TIMET. TIMET produces titanium pipe, fittings and flanges through its subsidiary, Loterios S.p.A., in Milan, Italy. Titanium Industries will stock a full range of Loterios products for sale in North America. Loterios is one of the world leaders in the production of titanium pipe, fittings and flanges. Titanium Industries has a successful history of distributing these products in the North American market. For more information on Titanium Industries, please contact them in Parsippany, New Jersey at (973) 984-8200. TIMET, headquartered in Denver, Colorado, is a leading worldwide producer of titanium metal products. Information on TIMET is available on the World Wide Web at http://www.timet.com/ o o o o