Decoma announces filing of final prospectus

    CONCORD, ON, May 31 - Decoma International Inc.
today announced that it has filed a final Prospectus
with the Securities Regulatory Authorities in Canada for a public offering of
14 million Class A Subordinate Voting Shares at a price of Cdn.$10.85 per
share. The Offering is anticipated to be completed on or about June 7th, 2001.
The Offering also provides an over-allotment option allowing the underwriters
to purchase up to an additional 2.1 million Class A Subordinate Voting Shares
at a price of Cdn. $10.85 per share within 15 days.
    The Class A Subordinate Voting Shares have not been registered under the
United States Securities Act of 1933, as amended (the "Act"), and may not be
offered or sold in the United States or to U.S. persons except pursuant to
registration under the Act or an applicable exemption therefrom.
    Decoma is a full service supplier of exterior appearance systems for the
world's automotive industry. The Company designs, engineers and manufactures
automotive exterior components and systems which include fascias (bumpers),
front and rear end modules, plastic body panels, roof modules, exterior trim
components and sealing and greenhouse systems for cars and light trucks
(including sport utility vehicles and mini-vans). Decoma has approximately
13,500 employees in 37 manufacturing, engineering and product development
facilities in Canada, the United States, Mexico, Germany, Belgium, England and
Japan.
    This press release may contain "forward looking statements" within the
meaning of applicable securities legislation. Such statements involve
important risks and uncertainties that may cause actual results or anticipated
events to be materially different from those expressed or implied herein.
These factors include, but are not limited to, risks relating to the
automotive industry, pricing concessions and cost absorptions, reliance on
major OEM customers, production volumes and product mix, currency exposure,
environmental matters, new facilities, trade and labour relations,
technological developments by the Company's competitors, government and
regulatory policies, changes in the competitive environment in which the
Company operates and the Company's ability to raise necessary financing. In
this regard, readers are referred to the Company's Form 20-F for its fiscal
year ended December 31, 2000, and subsequent SEC filings.