Continental Teves, N.A. Earns Value Award From Toyota

    AUBURN HILLS, Mich., March 30 Continental Teves, N.A. was
recently awarded the Toyota Value Improvement Award in recognition of its
development work on the Vehicle Skid Control (VSC) system, standard on the new
Sequoia.  The certificate was awarded at Toyota's recent Annual Business
Meeting in Cincinnati, Ohio.
    "VSC is ideal for SUVs and Continental is pleased to win an award for this
valuable safety feature," stated Bill Kozyra, President, Continental Teves,
N.A.  "It is an honor to be recognized as a key contributor to Toyota's
success."
    The Sequoia is produced at Toyota Motor Manufacturing Indiana, Inc.
facility in Princeton, Indiana.  The VSC stability control system is produced
at Continental's Morganton, N.C. plant, recognized by Industry Week Magazine
as one of the 10 Best plants in North America.
    Continental Teves, N.A. headquartered in Frankfurt/Main, Germany, is a
unit of Continental AG, Hanover, Germany.  Continental Teves is a world leader
in the design, development and supply of critical brake and chassis stability
systems that contribute to driving safety and comfort.  The company's North
American headquarters is located in Auburn Hills, Mich.  Visit Continental
on-line at http://www.conti-online.com .