Dura Automotive Announces Extension of Exchange Offer

    ROCHESTER HILLS, Mich.--Sept. 12, 2001-- Dura Automotive Systems, Inc. , today announced it has extended the deadline to exchange its debt securities until 5 p.m., EST, on Sept. 18, 2001. Dura Automotive commenced an exchange offer on Aug. 13, 2001, of its outstanding $300 million of Series B 9% Senior Subordinated Notes and $158.5 million of Series C 9% Senior Subordinated Notes due 2009, for new debt securities registered with the U.S. Securities and Exchange Commission. The exchange offer was originally scheduled to expire on Sept. 11, 2001 at 5 p.m., EST. At that point, $280.6 million in aggregate principal amount of the Series B Senior Subordinated Notes and $148.7 million in aggregate principal amount of the Series C Senior Subordinated Notes had been tendered for exchange.
    The Exchange Agent is U.S. Bank Trust National Association. Holders of these debt securities may participate in the exchange offer. For information concerning the Exchange Offer, contact U.S. Bank Trust National Association at 800-934-6802.

    Dura Automotive Systems, Inc., is the world's largest independent designer and manufacturer of driver control systems and a leading global supplier of door modules, seat mechanisms and structures, glass systems and engineered assemblies for the global automotive industry. The company is also a leading supplier of similar products to the North American recreational vehicle and mass transit market. The company's products include door modules, parking brake systems, automotive cables, transmission shifter systems, encapsulated and sliding windows, window regulators, hinges, latches, seating systems, engine control products, underbody tire carriers, jacks, brake, clutch and accelerator pedals and other mechanical assemblies. The company's products are sold to every North American, European and Japanese original equipment manufacturers, including Ford, General Motors, DaimlerChrysler, Volkswagen, BMW, Toyota, Honda, Nissan, PSA (Peugeot and Citroen) and Renault. Dura's operating headquarters is in Rochester Hills, Mich., and its corporate office is in Minneapolis, Minn. Information about Dura and its products is available on the Internet at www.duraauto.com.