Superior Industries Establishes Nominating/Corporate Governance Committee

    VAN NUYS, Calif.--June 20, 2003--Superior Industries International, Inc. announced today that its Board of Directors has established a Nominating/Corporate Governance Committee consisting solely of outside Directors Rudolph (Rudy) A. Schlais, Jr. (Chairman), V. Bond Evans and Philip W. Colburn. "We are proud that these three distinguished executives have agreed to serve on this Committee which plays such an important role in corporate governance," said Chairman and Chief Executive Officer Louis Borick.
    Mr. Schlais, 62 years old, has more than 40 years of experience in the automobile industry in both component and vehicle operations including serving as General Manager of three GM component divisions. He retired from General Motors Corporation in 2002 as Group VP and was President and Chief Executive Officer of GM Asia Pacific. He served on the Board of Isuzu Motors, Fuji Heavy Industries (Subaru) and was Chairman of the Board of Shanghai GM from its founding.
    Mr. Evans, 68 years old, has over 35 years of domestic and international experience in engineering, manufacturing and general management, primarily in the aluminum industry. In 1960 he joined Kawneer Company Canada Limited, and became President in 1968. He was named President of the parent company in 1970. Following the acquisition of Kawneer, Inc. by Alumax, Inc. (NYSE) he held a succession of upper management positions in Alumax, becoming President and Chief Executive Officer in 1991. Mr. Evans also serves on Superior's Compensation and Stock Option Committees.
    Mr. Colburn, 74 years old, has more than 40 years of experience in the automotive industry. He has been Chairman of Allen Telecom, Inc. (NYSE) since 1988 and served as a member of the Board of Allen since 1975. Mr. Colburn also serves on Superior's Stock Option, Audit and Long-Range Financial Planning Committees.

    About Superior Industries

    Superior supplies aluminum wheels and other aluminum automotive components to Ford, General Motors, DaimlerChrysler, Audi, BMW, Isuzu, Land Rover, Mazda, MG Rover, Mitsubishi, Nissan, Subaru, Toyota and Volkswagen. 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.