Viasystems Group Stockholders Approve Share Proposal

    ST. LOUIS--Oct. 19, 2001--Viasystems Group, Inc. today announced that stockholders overwhelmingly approved a proposal that would enable the company to issue 10 million shares of Viasystems common stock to affiliates of Hicks, Muse, Tate & Furst Incorporated ("Hicks Muse"). The stock would be issued upon exercise by Hicks Muse of warrants associated with a $100 million note that Hicks Muse placed with Viasystems in July 2001.
    Of the 97.3 million shares voted at the meeting, 95.8 million shares were voted in favor of the proposal. The company has approximately 141.5 million shares outstanding.
    Viasystems Group, Inc. is a leading global EMS provider with 20,000 employees and 33 manufacturing facilities in 10 countries, supplying customers in the telecommunications, networking, automotive and consumer electronics industries. Viasystems is listed on the New York Stock Exchange, trading under the symbol "VG."