Federal-Mogul Corporation Names Jose Maria Alapont New Chairman

SOUTHFIELD, Mich.--June 23, 2005--Federal-Mogul Corporation (OTCBB:FDMLQ), today announced that President and Chief Executive Officer Jose Maria Alapont has in addition been named Chairman of the Board of Directors for Federal-Mogul, effective immediately. He replaces Robert S. Miller, who has resigned to become chairman and chief executive officer of Delphi Corporation.

The board highly respects Jose Maria's strategic expertise, his understanding of the industry and his ability to develop strong teams and customer relationships. With Jose Maria's leadership, Federal-Mogul will develop as a world-class performing company.

"I am very pleased to be chairman of the board of directors of Federal-Mogul," said Alapont. "We are committed to driving the future of Federal-Mogul, creating value and fully satisfying customers, stakeholders and employees' expectations through our global profitable growth strategy."

Alapont was named president and chief executive officer of Federal-Mogul on March 1, 2005. With more than 30 years of global leadership experience in the automotive manufacturer and supplier industries, Alapont is known throughout the industry as being customer and results oriented, relentless in his drive for excellence and breakthrough performance to generate global profitable growth.

Prior to joining Federal-Mogul, Alapont was chief executive officer and a member of the board of directors at IVECO - the commercial vehicle company of the Fiat Group with 2004 sales in excess of 9 billion (Euro). Under his leadership, IVECO, one of the world's largest manufacturers in the transport sector, consistently achieved profitable growth and realized significant efficiency gains.

Between 1997 and 2003, Alapont held several leadership roles at Delphi Automotive Systems, one of the world's largest and most diversified suppliers of automotive systems and components. He began his career at Delphi as executive director, energy and chassis systems. Soon after, he was promoted to president, Europe, Asia and Middle East, at which time he became a member of the Delphi Strategy Board, the company's top policy-making group. In 2003, Alapont was president of international operations and vice president of sales and marketing.

From 1990 to 1997, Alapont served in a variety of key positions at Valeo Group - a leading global automotive supplier. He started at Valeo as operations director of engine cooling systems, Spain, and thereafter became operations director for worldwide heavy-duty engine cooling systems. He was subsequently promoted to group vice president of worldwide clutch operations, and group vice president of worldwide lighting systems.

A native of Spain, Alapont began his career at Ford Motor Company in 1974 and over the course of 15 years held a number of management positions, from quality and manufacturing at Ford of Spain to powertrain and purchasing at Ford of Europe.

Alapont earned degrees in industrial engineering from the Technical School of Valencia and in philology from the University of Valencia, in Spain.

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 and its subsidiaries employ nearly 45,000 people in 30 countries.

Federal-Mogul products are sold under a variety of power brands, including AE(R) engine products, Anco(R) wipers, BCA(R) bearings, 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) oil seals, 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.