Modine Expands Aftermarket Radiator Model Coverage

RACINE, Wis.--Jan. 2, 20046, 2004--The Aftermarket Division of Modine Manufacturing Company has added more than 100 complete replacement radiators to its 2004 product line. The expanded radiator line, currently available, includes thousands of applications from domestic and import cars and light trucks. Modine's Aftermarket is a leader in the supply of replacement radiators both nationally and internationally, including distribution through major national accounts like NAPA, Pronto, Parts Plus, APA, independent automotive parts distributors, and more than 25,000 local repair outlets.

Radiators covered in this new product line include cars, pickup trucks, vans and SUVs, both domestic and import. Continuing Modine's focus on adding late-model applications, the expanded coverage includes popular new vehicles such as the Toyota Corolla/Matrix, Lexus GS300, LS400, RX300, Mazda 626, Infiniti Q45, Honda CR-V, Subaru Outback, GMC Yukon/Denali/Suburban/C/K Silverado and Jeep Wrangler.

Modine radiators continue to be backed by the Gold Card Lifetime Limited Warranty. Introduced in 1996, the added protection afforded by this industry-leading warranty has proven to be popular among consumers and a wide variety of radiator installers. Simply stated, the Gold Card Warranty covers all Modine passenger car and light truck radiators, from failures due to defects in material or workmanship, for as long as the original purchaser owns the non-commercial vehicle in which the replacement radiator was installed. The Radiator Owner's Manual, packed in each shipping carton, contains complete warranty coverage details. The Gold Card Lifetime Limited Warranty is administered by Modine in cooperation with distributors and thousands of participating installers across the United States.

Modine's aftermarket radiators are designed to the highest standards for each vehicle's specific engine-cooling needs. Each aluminum or copper/brass radiator is made from premium materials using the latest fin designs, tube construction and bonding technology. Modine radiators are known for "drop-in" fit and easy alignment of brackets, hoses and transmission oil cooler lines. For the past 30 years, aftermarket radiator installers have trusted the Modine name for quality replacement radiators, more than any other brand.

Modine specializes in thermal management, bringing technology to diversified markets. Modine's Aftermarket also provides a wide variety of other cooling system replacement parts, including air conditioning parts, heaters, fans, and service supplies. Modine's other core markets include original equipment vehicles, HVAC (heating, ventilating, air conditioning), industrial equipment, refrigeration, fuel cells, and electronics cooling. More information about Modine can be found on the Internet at www.modine.com.

This news release may contain forward-looking statements that involve assumptions, risks, and uncertainties, and Modine's actual results, performance, or achievements may differ materially from those expressed or implied in these statements. A detailed discussion of factors that could affect Modine's results are on page 25 of the company's fiscal 2003 Annual Report to Shareholders and in other public filings with the U.S. Securities and Exchange Commission. Modine does not assume any obligation to update any of these forward-looking statements.