Carlisle Companies Acquires Off-Highway Brake Business

CHARLOTTE, N.C.--Oct. 7, 2005--Carlisle Companies Incorporated has announced the acquisition of the off-highway brake assets of ArvinMeritor, Inc. for approximately $39 million. The transaction includes manufacturing assets from the ArvinMeritor facilities in York, SC and Cwmbran, South Wales, U.K. Carlisle provides off-highway braking systems and specialty friction products through Carlisle Industrial Brake & Friction and on-highway heavy-duty braking and friction products through Carlisle Motion Control.

Richmond McKinnish, Carlisle's President and CEO, commented, "We are very excited to be expanding our off-highway braking business which serves one of our most profitable market segments. This acquisition strengthens one of Carlisle's core businesses and is in line with our overall strategy to achieve and maintain leadership in the markets we serve."

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global economic, business, competitive, market and regulatory factors. More detailed information about these factors is contained in the Company's filings with the Securities and Exchange Commission. The Company undertakes no duty to update forward-looking statements.

Carlisle is a diversified global manufacturing company serving the construction materials, commercial roofing, specialty tire and wheel, power transmission, heavy-duty brake and friction, foodservice, data transmission and process systems industries.