Superior Industries Declares Increase in Quarterly Cash Dividend

    VAN NUYS, Calif.--May 11, 2001--Superior Industries International Inc. announced at today's annual meeting of shareholders that the board of directors has approved a 10% increase in the company's quarterly cash dividend to $0.11 per share, commencing with the next quarterly dividend payable on July 13, 2001, to shareholders of record on June 29, 2001.
    Superior has now increased its cash dividend every year for 18 consecutive years.
    "Superior's goal is to manufacture high-quality products for the global automotive industry that satisfy the requirements of our customers, provide opportunities for achievement and personal growth for our employees, and enhance value for our shareholders. We believe that a growing cash dividend contributes importantly to achieving this latter objective, together with our continuing share buy-back program and, of course, Superior's strong financial results. So it is with great pleasure that our board has once again increased the company's quarterly dividend payment -- a clear signal of our confidence in Superior's bright future," a spokesman said.