Noble International, Ltd. Acquires Interest in S.E.T. Steel, Inc.

    DETROIT, Feb. 19 Noble International, Ltd. ("Noble")
today reported that it has acquired a forty-nine percent
interest in S.E.T. Steel, Inc. ("SET"), a Certified Minority Business
Enterprise.  SET is a Tier I metal processor, principally providing steel
slitting services to the automotive industry.  SET's principal shareholder is
Sid E. Taylor, who prior to forming SET in 1989, spent over twenty-two years
at General Motors.

    Concurrent with the acquisition of its interest in SET, the Company has
completed the sale of its wholly-owned subsidiaries, Noble Metal Forming, Inc.
("NMF") and Noble Metal Processing - Midwest, Inc. ("NMPM") to SET, for
approximately $27.0 million.  Proceeds from the sale will be utilized to pay
down the Company's debt under its Revolving Credit Facility.  The Company will
continue to own and operate its core laser blank welding operations at Noble
Metal Processing, Inc.'s operations in Detroit, Michigan, Shelbyville,
Kentucky, and Brantford, Canada.

    The acquisition of NMF and NMPM will provide SET with a wide variety of
metal processing capabilities, including blanking, forming, welding, assembly,
die making, cut-to-length, steel storage and related services.  SET will now
be able to offer the OEMs and Tier I suppliers with the capability to
undertake a wide variety of metal processing services.  This capability is
critical as auto-companies strive to increase minority content on each
vehicle.

    In commenting on the acquisition and sale, Christopher L. Morin, Noble's
Chief Operating Officer said, "We are extremely pleased to be aligning
ourselves with a business such as SET.  As a supplier to the auto market, SET
and Sid Taylor brings a great deal of experience and capability to the
partnership -- evidenced by their outstanding quality record.  And as a
certified Minority Business Enterprise, SET brings a great deal of business
opportunities to the partnership.  I believe that through the investment we
will create a dominant, quality Minority Business Enterprise which will help
set the standard for automotive suppliers in the metal processing services
arena."

    According to Sid Taylor, SET's Chairman and Chief Executive Officer,
"Noble and SET received a great deal of encouragement and support for this
transaction from the OEMs.  Partnering with Noble provides SET with the
ability to diversify and garner opportunities that are available to qualified
and quality oriented minority business enterprises.  With anticipated 2001
revenue in excess of $100 million, the combined entity will create a company
stronger and more capable than the individual components are on their own."