Key Automotive Group Names Daniel Ajamian President of Key Safety Systems, Inc.; Promotes Tim Nelson to President of Key Plastics L.L.C.

FARMINGTON HILLS, Mich.--Feb. 2, 20045, 2004--Key Automotive Group (KAG) today announced that, effective immediately, Daniel Ajamian has been named president and chief operating officer of its affiliate, Key Safety Systems, Inc. KAG also announced that Tim Nelson has been promoted to president and chief operating officer for the North American operations of the company's other principal subsidiary -- Key Plastics L.L.C. B. Edward Ewing, who continues as chairman and CEO of all of KAG's affiliated companies, made the announcement.

Ajamian most recently had served as president and chief operating officer of Key Plastics North America. Previously, he was Group President for the company's Trim Products Group. He joined the company in 2001.

Prior to that, he worked as chief financial officer of two Carlyle Management Group companies (Aerostructures and U.S. Marine Repair). He also spent 15 years with General Dynamics and Lockheed Martin in a broad range of operations and financial management positions. Ajamian holds a bachelor's degree from California Polytechnic University and a master's degree in business administration from the Claremont Graduate School.

Ewing said, "Danny's leadership skills in defining strategy, driving key metrics and building a customer-focused organization have been exemplary. During his tenure at Key Plastics, he has led the company's resurgence as a supplier of choice for high quality, cost effective plastic components and sub-assemblies. Under Danny's mentoring, Key Plastics has received two consecutive Automotive Industries "Quest for Excellence" awards. His dedication, determination and drive at Key Plastics make him the natural choice to now help lead and instill the same values at Key Safety Systems."

Since 2001, Nelson was Key Plastics' Group President for its Exterior and Underhood Products division. Having joined the company in 1985, he was promoted to vice president of operations for Key Plastics' Trim Products Group in 1999, following a series of operations and engineering assignments in the company's Pennsylvania operations and corporate offices. He holds a bachelor's degree in engineering from Penn State University.

In announcing the appointment, Ewing said: "As both our employees and customers know, Tim Nelson has played a vital role in Key Plastics' success. He has demonstrated outstanding business judgment in building relationships in the automotive supply chain and has a keen sense of vision for the organization. Tim will bring those qualities to his new post."

The Key Automotive Group of companies is an affiliation of premier suppliers of components and systems to the global automotive industry. Established in 2002 by the Carlyle Management Group, KAG companies generate more than $1.6 billion in sales and employ more than 14,000 employees in state-of-the-art technical and manufacturing facilities in 15 countries in North America, Europe and Asia.

Key Safety Systems (KSS), a KAG affiliated company since April 2003, is a leading global designer and manufacturer of safety-critical components and systems including airbags, seat belts and steering wheels. KSS products are used in more than 300 vehicle models produced by over 45 automobile manufacturers worldwide. KSS' global reach includes 32 manufacturing, technical and sales facilities in 12 countries generating over $ 1 billion in sales and employing more than 10,000 people.

Key Plastics is recognized as a leading supplier of plastic products to the automotive and light truck Tier 1 and OEM markets. A KAG affiliate, Key Plastics engineers and produces value-added components and sub-assemblies for exterior applications, interior trim and functional underhood products. Key Plastics' global operations consist of 21 manufacturing facilities, 3 technical centers and two mold-making facilities providing concurrent program management and production services throughout North America and Europe. With over $500 million in global sales annually, Key Plastics employs over 4,000 people.