TI Automotive Receives Fuel System Contract Award

WARREN, Mich.--April 7, 2004--TI Automotive, the world's leading supplier of integrated fluid storage and delivery systems, has been awarded a contract to supply the complete fuel system for a new sport-utility vehicle to be built in the United States by a German automaker.

The fuel system includes a dual-channel, single-stage (DCSS) pump; fuel lines; a six-layer, blow-molded tank, and a fuel delivery module with integrated fine filter and fuel level sensor.

TI Automotive's newly acquired Pierburg business unit is designing the pump.

The contract calls for 125,000 complete fuel systems annually, with production to reach $135 million in lifetime sales. Production is scheduled to begin in 2006.

TI Automotive is the world's leading supplier of fluid storage, transfer and delivery systems including brake, fuel and air conditioning applications. Based in Warren, Mich., the company employs over 20,000 people at more than 130 facilities in 29 countries on six continents. Further information about TI Automotive is available on the company's website at www.tiautomotive.com.