American Axle & Manufacturing Declares Fourth Quarter 2004 Dividend

DETROIT, Nov. 19, 2004 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced a fourth quarter cash dividend of $0.15 per share payable on December 28, 2004 to stockholders of record on all of the Company's issued and outstanding common stock as of December 7, 2004.

AAM is a world leader in the manufacture, engineering, design and validation of driveline systems and related components and modules, chassis systems and metal-formed products for light trucks, sport utility vehicles and passenger cars. In addition to its 14 locations in the United States (in Michigan, New York and Ohio), AAM also has offices and facilities in Brazil, China, England, Germany, India, Japan, Mexico and Scotland.