Tenneco Automotive Amends Senior Credit Agreement

    LAKE FOREST, Ill., March 22 Tenneco Automotive
announced today that it has agreed with its senior lenders to amend certain
terms of its senior credit facility.  These amendments revise the financial
covenant ratios under the facility in each quarter of 2001.  Tenneco
Automotive will retain access to the $500 million revolving credit facility
under the senior credit facility subject to compliance with the revised
financial covenant ratios and other terms under the senior credit facility.
    "We are aggressively reducing costs and spending, and working to improve
our productivity as we continue to face very tough industry conditions -- a
soft worldwide aftermarket, and slower production in the North American light
vehicle and heavy-duty truck markets," said Mark A. McCollum, senior vice
president, and chief financial officer.  "We are pleased with the approval
from our senior lenders, showing support for our strategies to address
immediate challenges, as well as our longer-term plans to grow our
businesses."
    Tenneco Automotive is required to meet three financial ratios under its
senior credit agreement: a maximum leverage ratio (total debt/EBITDA), a
minimum interest coverage ratio (EBITDA/cash interest payments), and a minimum
fixed charge coverage ratio (EBITDA - capital expenditures/cash interest
payments).  For the first quarter of 2001, the maximum leverage ratio was
increased from 4.75 to 6.00; the minimum interest coverage ratio was reduced
from 1.70 to 1.40; and the minimum fixed charge coverage ratio was reduced
from .75 to .60.  The attached table shows the ratio adjustments for the
remainder of 2001.

    Tenneco Automotive is a $3.5 billion manufacturing company headquartered
in Lake Forest, Ill., with 23,000 employees worldwide.  Tenneco Automotive is
one of the world's largest producers and marketers of ride control and exhaust
systems and products, which are sold under the Monroe(R) and Walker(R) global
brand names.  Among its products are Sensa-Trac(R) and Reflex(TM) shocks and
struts, Rancho(R) shock absorbers, Walker(R) Quiet-Flow(TM) mufflers and
DynoMax(TM) performance exhaust products, and Monroe(R) Clevite(TM) vibration
control components.


                                                  2001
                                Q1            Q2           Q3            Q4

    Leverage Ratio
      Prior Covenant          4.75          4.50         4.50          4.25

      Revised Covenant        6.00          6.25         6.00          5.50


    Interest Coverage Ratio
      Prior Covenant          1.70          1.80         1.80          1.90

      Revised Covenant        1.40          1.35         1.40          1.55


    Fixed Charge Coverage Ratio
      Prior Covenant          0.75          0.85         0.85          1.00

      Revised Covenant        0.60          0.55         0.65          0.80