Richard E. Dauch to Address Detroit Economic Club on Issues Facing Detroit

DETROIT, April 27 -- On May 1, 20040, 2004, American Axle's Co- Founder, Chairman and CEO Richard E. Dauch will address the Detroit Economic Club to provide insights on issues Facing Detroit. Dauch's Speech is titled, "Detroit - In The Cross Hairs." The meeting will be held at the Cobo Center in downtown Detroit beginning at noon.

Richard E. Dauch is a 39-year veteran of the automotive industry. In 1994, he co-founded American Axle & Manufacturing (AAM) by teaming with two investors to purchase General Motors' axle, forge, and driveshaft driveline assets. Today, AAM is a Fortune 500 company, one of the top 30 automotive suppliers in the world, and it is traded on the New York Stock Exchange under the stock symbol AXL.

Tickets for the event are $30 for members and spouses, $35 for guest of members, and $45 for non-members. Full tables of 10 may also be reserved.

The DEC was established in 1934, and is recognized worldwide for its contribution to the discussion and promotion of economic, political and social issues. The club has nearly 2,000 members and is recognized as one of the premier economic forums in the United States.

For more information about the DEC, to order tickets, or to become a member, contact the DEC at (313) 963-8547 or toll-free 1-866-4-ECON-CLUB or log onto our Website at www.econclub.org .

NOTE TO EDITORS: Media wishing to attend the DEC meeting should make a reservation with Jermaine Spight, Communications Specialist for the Detroit Economic Club, +1-313-963-8547 or e-mail at: Jspight@econclub.org or log onto our website @ www.econclub.org .