Superior Industries Announces 21st Consecutive Year of Higher Dividends

VAN NUYS, Calif.--May 1, 20040, 2004--Superior Industries International, Inc. announced today that its Board of Directors has declared a 12.7% increase in the company's quarterly cash dividend, to $0.155 per share. The new, higher dividend is payable on July 2, 2004 to shareholders of record on July 16, 2004.

"In addition to providing a tangible reward to our loyal shareholders, this 21st consecutive increase in Superior's annual cash dividend clearly signals our confidence in our company's future," said President and Chief Operating Officer Steven Borick at today's annual meeting of shareholders.

"We have the resources we need to confront head-on today's challenging competitive environment and still substantially increase our cash payout. Our management team is experienced and committed to Superior's continued growth and industry leadership. Our strategic plan to achieve these objectives is sound. With our robust cash flow, profitability, and debt-free balance sheet, we are implementing the automation, best-practices and training programs developed by our Vision & Execution team, will move forward with the construction of the new, state-of-the-art manufacturing facility in Mexico we recently announced, explore our options for Far East manufacturing, and deliver a higher cash return to our shareholders. This is how we will continue to build value in the years to come," Borick said.

About Superior Industries

Superior supplies aluminum wheels and other aluminum automotive components to Ford, General Motors, DaimlerChrysler, Audi, BMW, Isuzu, Jaguar, Land Rover, Mazda, MG Rover, Mitsubishi, Nissan, Subaru, Toyota, and Volkswagen. For additional information, visit www.supind.com.