Federal-Mogul Corporation Announces Industrial Agreement with The Timken Company

SOUTHFIELD, Mich.--March 22, 2005--Federal-Mogul Corporation (OTCBB:FDMLQ) has entered into a long-term agreement with The Timken Company to supply National(R) sealing products for sale in the United States and Canada. The seals will be marketed and sold under the Timken brand in cartons with the National industrial seal name. The Timken branded product line will be available in the marketplace in May.

Timken will be the source for National industrial seals for authorized Timken industrial distributors and select original equipment manufacturers. The industrial market encompasses a full range of equipment used in thousands of applications such as manufacturing, off-highway, power transmission and oil refineries. Federal-Mogul will continue to market National Oil Seal products to industrial customers outside the U.S. and Canada. The agreement does not cover the automotive and heavy-duty aftermarket.

"Federal-Mogul is pleased to bring our exclusive portfolio of sealing solutions to a much wider audience of industrial customers through this initiative." said Joseph Felicelli, executive vice president - Worldwide Aftermarket Operations, Federal-Mogul. "With Timken's strengths in the industrial market and the quality of National sealing products from Federal-Mogul, the bottom-line advantage is that the customer can now access premier industrial bearing and seal technologies from a single source."

The National industrial seal products covered by the agreement include oil, grease, fluid sealing, and dirt exclusion sealing products in a broad range of small bore sizes. This product portfolio also includes Federal-Mogul's popular National Redi-Seal(R) technology, which provides premium custom-fit seals within 24 hours; Redi-Sleeve(TM) wear sleeves, which help correct grooved or worn shafts; Shaft Repair Kits; V-seals for extreme environments; and Redi-Coat(R), a patented sealant that fills nicks and scratches in a poorly finished bore.

"Seals are an important expansion of our industrial friction management solutions," said Michael C. Arnold, president - Industrial Group, The Timken Company. "Timken has always been known for experienced technical support and a solid distribution network. Capitalizing on those strengths while partnering with Federal-Mogul to supply seal products accelerates our ability to better serve customers and grow our business."

About The Timken Company

The Timken Company (www.timken.com) is a leading global manufacturer of highly engineered bearings and alloy steels and a provider of related products and services with operations in 27 countries. The company reported record sales of $4.5 billion in 2004 and employed approximately 26,000 at year-end.

About Federal-Mogul

Federal-Mogul is a leading global automotive supplier offering a comprehensive portfolio of quality products, trusted brands and creative solutions. The Company utilizes its engineering and materials expertise, proprietary and innovative technology, manufacturing skill, distribution flexibility and marketing power to create value for its stakeholders. The Company's principal customers include many of the world's foremost original equipment manufacturers of vehicles and industrial products, and aftermarket retailers and wholesalers.

Headquartered in Southfield, Michigan, Federal-Mogul's rich heritage began in Detroit, Michigan in 1899. Today, Federal-Mogul employs more than 45,000 people in 31 countries. Our products are sold under a variety of power brands, including but not limited to, AE(R) engine products, ANCO(R) wipers, Champion(R) spark plugs and wipers, Fel-Pro(R) gaskets, Ferodo(R) brake pads, Glyco(R) bearings, Goetze(R) piston rings, Moog(R) chassis products, National(R) wheel-end components, Nural(R) pistons, Payen(R) gaskets, Sealed Power(R) engine products and Wagner(R) lighting and brake products. For more information on Federal-Mogul google below.