Lear Corporation Announces Financial Appointments

Chip Mower Named Vice President, Finance - Global Purchasing; James L. Murawski Joins Lear as Vice President - Audit Services

SOUTHFIELD, Mich., July 31 -- Lear Corporation today announced the appointment of Chip Mower to vice president, finance - Global Purchasing. James L. Murawski, formerly a vice president and controller with Collins & Aikman Corporation, joins Lear to succeed Mower as vice president - Audit Services.

As vice president of Audit Services, Murawski will be responsible for ensuring that appropriate controls are in place and being observed at all levels of the organization. He will report to Lear Vice Chairman, James H. Vandenberghe. In his new role, Mower will oversee the financial operations related to Lear's global purchasing activities. Mower will report to Steven L. Hayworth, vice president - Global Purchasing. Both appointments are effective immediately.

Mower joined Lear in September 2000 as head of Audit Services. Before joining Lear, he held various finance and operating positions with Federal- Mogul Corporation and General Electric Company. Mower earned a bachelor of science degree in business administration from the University of Vermont and a master of business administration degree in general management from the J. L. Kellogg Graduate School of Management at Northwestern University. He is also a graduate of General Electric's Financial Management Program.

Murawski received both a bachelor of science degree in accounting and a master of business administration degree from the University of Detroit, as well as a master of science degree in taxation from Walsh College. He is a member of the American Institute of Certified Public Accountants; the Michigan Association of Certified Public Accountants; and the Institute of Certified Management Accountants.

Lear Corporation, a Fortune 500 company headquartered in Southfield, Mich., USA, focuses on integrating complete automotive interiors, including seat systems, interior trim and electrical systems. With annual net sales of $14.4 billion in 2002, Lear is the world's largest automotive interior systems supplier. The company's world-class products are designed, engineered and manufactured by 115,000 employees in more than 280 facilities located in 33 countries. Additional information about Lear and its products is available on the Internet at www.lear.com .