TRW to Close Cookeville, Tennessee Facility

LIVONIA, Mich., June 23 -- TRW Vehicle Safety Systems Inc. today announced the decision to close its Cookeville, Tenn. facility.

The Cookeville plant has approximately 390 employees involved in the assembly of driver and passenger airbags. It is anticipated that employees will not be impacted until the middle of 2006 and full assistance and support will be provided in helping prepare them for future employment at that time.

The decision is based on the steadily increasing pricing pressure in the marketplace and the need to remain competitive to secure new business growth. "The pressures in the marketplace require us to make difficult decisions to remain competitive in the future," said Dennie Boyer, Vice President, Operations, North America Occupant Safety Systems. "This decision is not a reflection of the Cookeville operation or its workforce," Boyer explained.

TRW Vehicle Safety Systems Inc. is a subsidiary of TRW Automotive Holdings Corp. TRW Automotive ranks among the world's top automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, employs approximately 60,000 people in 24 countries. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the Internet at http://www.trwauto.com/ .