Stoneridge Appoints Mosel as New Chief Operating Officer

WARREN, Ohio, June 9 -- Stoneridge, Inc. announced today that Edward F. Mosel has been selected as the Company's new chief operating officer. He succeeds Gerald V. Pisani, who was named president and chief executive officer in May.

Mosel joined Stoneridge in 1988 when the Company acquired Joseph Pollak Corporation. At the time, he was vice president of sales and marketing. He was named vice president and general manager of Stoneridge's Switch Products Division in 1996, and vice president and general manager of the Switch and Sensor Group in 2000.

"Ed is an example of the strong executive talent that we have at Stoneridge," Pisani said. "Under his leadership, the Switch and Sensor Group has demonstrated sustained organic growth and profitability. I look for Ed to apply his extensive experience in product development, product management and lean manufacturing/Six Sigma thinking throughout all of Stoneridge's businesses."

Mosel said, "As a corporation, we have a unique combination of technology, process excellence, strong customer relations and talented employees. It will be our challenge to leverage these assets to strengthen our position in the global transportation industry. I am pleased to be part of the Stoneridge leadership team which will be tasked to achieve that objective."

About Stoneridge, Inc.

Stoneridge, Inc., headquartered in Warren, Ohio, is a leading independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the automotive, medium- and heavy-duty truck, agricultural and off-road vehicle markets. Sales in 2003 were approximately $607 million. Additional information about Stoneridge can be found at http://www.stoneridge.com/ .

Forward-Looking Statements

Statements in this release that are not historical fact are forward- looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied in this release. Factors that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the loss of a major customer, a decline in automotive, medium- and heavy-duty truck or agricultural vehicle production, the failure to achieve successful integration of any acquired company or business, labor disputes involving the Company or its significant customers, risks associated with conducting business in foreign countries, or a decline in general economic conditions. In addition, this release contains time-sensitive information that reflects management's best analysis only as of the date of this release. Stoneridge does not undertake any obligation to publicly update or revise any forward- looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward-looking statements contained in this release can be found in Stoneridge's periodic filings with the Securities and Exchange Commission.