Lear Declares Third Quarter Cash Dividend

SOUTHFIELD, Mich., Aug. 13, 2004 -- Lear Corporation today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the company's common stock. The dividend is payable on September 13, 2004, to shareholders of record at the close of business on August 27, 2004.

Lear Corporation, a FORTUNE 500 company headquartered in Southfield, Michigan, USA, focuses on integrating complete automotive interiors, including seat systems, interior trim and electrical systems. With annual net sales of $15.75 billion in 2003, Lear is the world's largest automotive interior systems supplier. The company's world-class products are designed, engineered and manufactured by more than 110,000 employees. At December 31, 2003, Lear had 289 facilities located in 34 countries. Further information about Lear and its products is available on the Internet at http://www.lear.com/ .

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