Federal-Mogul Becomes Official CASCAR Sponsor With Moog Chassis Parts

SOUTHFIELD, Mich.--March 24, 2005--Federal-Mogul Corporation (OTCBB:FDMLQ) and CASCAR (Canadian Association for Stock Car Racing) have jointly announced a new sponsor partnership that will see a cash awards program established under the Moog(R) Chassis Parts brand for competitors in CASCAR's three series, the Super Series, Sportsman Series, and Western Series. Moog products are manufactured and marketed by Federal-Mogul Corporation.

The choice of NASCAR Winston Cup champions for 39 consecutive years, Moog is the automotive service industry's premier brand of replacement steering and suspension components. Moog steering and suspension components are engineered to deliver smoother operation through the parts' full range of motion, resulting in more precise and responsive steering. Moog engineers combine the brand's commitment to track-tested performance with an exclusive problem-solving design philosophy that leads to products that improve on original equipment parts and deliver technician-friendly designs.

"We are delighted to welcome Moog Chassis Parts on board as an Official CASCAR sponsor," stated CASCAR president Tony Novotny. "Moog Chassis Parts has a tremendous history of performance within stock car racing and we are proud to have them support our Canadian competitors in CASCAR's three series."

The sponsorship program establishes a cash award that will be paid out to competitors at each CASCAR event, plus a season end award that will be based on performance throughout the season.

"We're proud to be partnering with CASCAR," said Moog Brand Manager Michael Kraft. "The crucial insight we receive from competing in grueling environments like this helps us design better parts for race teams and consumers alike. It's one more way Moog does what it takes to be the best."

The CASCAR Super Series is Canada's top level of stock car racing, with events held in Ontario, Quebec, Alberta, and British Columbia. Over 150 race teams across the country compete in CASCAR's three series, the Western Series, Sportsman Series, and the Super Series.

For more information on Moog chassis parts, contact your nearest Moog automotive replacement parts supplier or write to: Moog Chassis Parts, Federal-Mogul Corporation, 26555 Northwestern Highway, Southfield, MI 48034. Product and promotional information also are available online at www.federal-mogul.com/moog.

About Federal-Mogul

Federal-Mogul is a leading global automotive supplier offering a comprehensive portfolio of quality products and trusted brands. Headquartered in Southfield, Michigan, the Company employs more than 45,000 people in 31 countries. Federal-Mogul reported sales of $6.2 billion in 2004.

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.

Federal-Mogul's 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, visit the company's Web site at http://www.federal-mogul.com.

Note to Editors: There should be an umlaut over the "u" in "Nural" above.