American Axle & Manufacturing Awarded Five New Contracts

DETROIT, July 15 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, announced today that it has been awarded contracts valued at nearly $30 million annually.

Under the contracts, AAM will provide an average of seven million driveline system and transmission components annually for five customers including two new customers.

The products, which will be manufactured at five different AAM facilities, include cold and warm-formed near-net gears and shafts; hot-formed wheel spindles; warm-formed turbine hubs and sleeves for torque converters; wheel hubs; and stabilizer bars.

AAM is using state-of-the-art processes in the manufacture of these components, including the latest near net-shaped forging technologies which offer a competitive advantage in the manufacture of these products by improving material yield and streamlining subsequent machining operations.

"We are extremely pleased to have been awarded these contracts," says Co- Founder, Chairman & CEO Richard E. Dauch. "The addition of two new customers represents a further diversification of AAM's customer base. It also represents our first opportunity to introduce AAM's world-class quality, delivery, technology and design capabilities to a new, non-traditional AAM market."

AAM is a world leader in the manufacture, design, engineering, and validation of driveline systems and related components and modules, chassis systems and forged products for trucks, sport utility vehicles and passenger cars. In addition to its 14 locations in the United States (in Michigan, New York and Ohio), AAM also has offices and facilities in Brazil, England, Germany, Japan, Mexico and Scotland.

Certain statements contained in this press release which are not historical facts contain forward-looking information with respect to the Company's plans, projections or future performance, the occurrence of which involves risk and uncertainties that could cause the company's actual results or plans to differ materially from those expected by the company which include risk factors described in the Company's filings with the Securities and Exchange Commission.

  For more information ...

  Media relations contact                Investor relations contact
  Carrie L.P. Gray                       David J. Demos
  Director, Corporate Relations          Vice President, Investor Relations
  (313) 974-2598                         (313) 974-3074
  grayc@aam.com                          demosd@aam.com

  Or visit the AAM website at www.aam.com

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