Federal-Mogul Appoints Robert S. Miller, Jr. to Chairman of the Board

SOUTHFIELD, Mich., Jan. 13, 2004 -- Federal-Mogul Corporation (BULLETIN BOARD: FMDLQ) announced today that its Board of Directors has elected Robert S. (Steve) Miller, Jr., 62, as non-executive chairman of the board of directors effective January 11, 2004. Miller has been a member of Federal-Mogul's board since 1993. He replaces Frank E. Macher, 62, who has been serving as chairman of the board since October 1, 2001. Miller's election coincides with the expiration of Macher's contract. The board members expressed their appreciation for Macher's contributions during his tenure.

Miller was non-executive chairman of the board from January 11, 2001 to October 1, 2001, after serving briefly as interim chairman and chief executive officer for Federal-Mogul. He was formerly chairman and chief executive officer of Bethlehem Steel Corporation. He is also a member of the board of directors for Pope & Talbot, Inc., Symantec Corporation, UAL (United Airlines), Waste Management, Inc. and RJ Reynolds Tobacco Holdings.

The board also said that Miller's leadership and expertise in financial restructuring will be an asset to Federal-Mogul as the company moves through the final stages of its bankruptcy process and emergence.

Chip McClure, 50, chief executive officer and president of Federal-Mogul, and a member of the company's board of directors since January 11, 2001, said, "I look forward to continuing to work with Steve, the board members and the co-proponents of the plan of reorganization to ensure the success of Federal- Mogul's operations and its emergence from Chapter 11."