Steven J. Borick Named President and COO of Superior Industries

    VAN NUYS, Calif.--Dec. 10, 2002--Superior Industries International, Inc. announced today that Steven J. Borick, currently Executive Vice President, has been named President and Chief Operating Officer effective on January 1, 2003.
    Chairman and Chief Executive Officer Louis Borick said, "I am pleased to announce this well-earned promotion and expansion of Steve's responsibilities at Superior. With his energy, commitment, and knowledge of the business, Steve has already made many significant contributions to Superior's success. He has worked tirelessly to reduce costs and improve efficiency throughout our organization. He has spearheaded the capacity expansion and globalization programs that have played a crucial role in increasing Superior's share of the aluminum wheel market with current and new OEM customers. He has been instrumental in the design and successful implementation of our plan to enter the aluminum suspension components business. He has earned the trust and respect of our employees and our customers. This promotion is a tangible sign of the Board's confidence in Steve's strong leadership."
    Steven Borick, 50 years old, has been Executive Vice President of Superior Industries since 2000 and a Director since 1981.
    Borick is a Director and member of the Audit Committee of MDC Holdings, Inc., Denver, Colorado, the nation's eighth largest home builder, and a Director of Richmond American Homes, Denver. He earned a B.A. in Business Administration from Western State College, Gunnison, Colorado in 1975. Borick is an active member of the Independent Petroleum Association of America and the American Petroleum Institute.

    About Superior Industries

    Superior supplies aluminum wheels and other aluminum automotive components to Ford, General Motors, DaimlerChrysler, BMW, Volkswagen, Audi, Land Rover, MG Rover, Toyota, Mazda, Mitsubishi, Nissan, Subaru and Isuzu. For additional information, visit Superior's Web site at www.supind.com.

    Forward-Looking Statements

    This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.