ArvinMeritor Exhaust Systems Establishes Alliance with Sejong Industrial to Supply Complete Exhaust Systems to Korean OEMs

ARVINMERITOR LOGO
ArvinMeritor logo. (PRNewsFoto)[AG]
TROY, MI USA 05/24/2001
    FRANKFURT, Germany, Sept. 14 ArvinMeritor Inc.
announced that its Exhaust Systems business has formed a strategic alliance
with Sejong Industrial Company Ltd. to supply complete exhaust systems to the
leading Korean original equipment manufacturers (OEMs).
    (Photo:  http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
    Together, the two companies will develop and supply exhaust systems and
components for Korean OEMs, Hyundai Motor Company and Kia Motor Company, in
North America and Korea.  The agreement also allows ArvinMeritor and Sejong
Industrial to partner on exhaust projects in other countries.
    Sejong Industrial, the largest exhaust systems manufacturer in Korea, and
ArvinMeritor, one of the largest exhaust systems manufacturer in the world,
agreed to partner due to their leading industry positions.  ArvinMeritor
Exhaust Systems brings a wealth of experience in research and development,
engineering and manufacturing techniques.  This expertise will help secure the
success of the alliance.
    "Entering into this partnership with Sejong Industrial positions us to
reach the Korean market for the first time with our industry leading exhaust
systems," said Craig Stinson, president, ArvinMeritor Exhaust Systems.  "With
our technology and engineering expertise and Sejong's close ties to the Korean
OEMs, the alliance benefits both of our companies and enables us to meet our
business and corporate goals and meet customers' desires."
    ArvinMeritor Exhaust Systems, a business unit of ArvinMeritor, currently
supplies full-system solutions to its global customers in 17 countries on five
continents.  Committed to the development of emissions technologies for
cleaner air, the group has two advanced-engineering and technology centers
located in Columbus, Ind., USA and Warton, UK.  It also maintains product
development centers in Spain and Germany to provide a network of superior
global solutions and service to customers wherever they need support.
    Sejong Industrial Co. Ltd. is the leading exhaust system supplier in
Korea.  The company has annual sales of over $400 million and produces 1.7
million automotive muffler assemblies, catalytic converters and other body
parts.  With 800 employees in Ulsan, Korea, Sejong Industrial Co. has mainly
been supplying its systems for Hyundai Motor Co. since its establishment in
1976.  The company supports exhaust system technology in India and is making
an effort to extend its market abroad by collaborating with ArvinMeritor.
Sejong common stock is registered on the Kosdaq.  For detailed information on
the company, check out the Web site at: http://www.sejongind.co.kr .
    ArvinMeritor, Inc. is a premier $7-billion global supplier of a broad
range of integrated systems, modules and components to the motor vehicle
industry.  The company serves light vehicle, commercial truck, trailer and
specialty original equipment manufacturers and related aftermarkets.  In
addition, ArvinMeritor is a leader in coil coating applications, including
those for the transportation, appliance, construction and furniture
industries.  The company is headquartered in Troy, Mich., and employs 36,000
people at more than 150 manufacturing facilities in 26 countries.
ArvinMeritor common stock is traded on the New York Stock Exchange under the
ticker symbol ARM.  For more information, visit the company's Web site at:
http://www.arvinmeritor.com .
    This news release contains statements relating to future results that are
"forward-looking statements" as defined in the Private Securities Litigation
Reform Act of 1995.  Actual results may differ materially from those projected
as a result of certain risks and uncertainties, including but not limited to
those detailed from time to time in the company's Securities and Exchange
Commission filings.

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