TRW Automotive Withdraws Full-Year 2008 Guidance on Continued Weakness in Global Automotive Markets

LIVONIA, Mich., December 4, 2008: TRW Automotive Holdings Corp. , today announced the withdrawal of its Full-Year 2008 sales and earnings guidance, which was last provided on October 30, 2008.

In recent weeks and subsequent to providing the 2008 Full-Year guidance on October 30, 2008, both actual and forecasted levels of vehicle production in global automotive markets have declined beyond previously forecasted levels.

"The second half of 2008 continues to be an unprecedented period for the automotive industry. Since issuing our guidance on October 30th, major markets have experienced significant declines in production well beyond our forecasts in late October," said John Plant, TRW's President and CEO. "We continue to align capacity and reduce our cost structure globally in response to the difficult industry conditions."

TRW continues to maintain a strong capital structure with strong liquidity and expects positive free cash flow in its 2008 Fourth Quarter. The Company plans to announce its Fourth Quarter and Full-Year 2008 results in late February 2009.