ArvinMeritor Announces Sale of Light Vehicle Aftermarket Exhaust Business in North America

TROY, Mich., March 7 -- ArvinMeritor, Inc. today announced that it has sold its North American Light Vehicle Aftermarket (LVA) exhaust business based in Loudon, Tenn. and Moncton, New Brunswick, Canada, to IMCO (International Muffler Company), a producer of aftermarket exhaust systems and components based in Schulenburg, Texas. Terms of the agreement were not disclosed.

"This transaction will further enhance ArvinMeritor's goal to strengthen our financial position and focus on our core operations," according to Chip McClure, ArvinMeritor chairman, CEO and president. "This sale also provides the LVA exhaust group the opportunity to grow with IMCO."

The divestiture affects approximately 500 employees at the Loudon and Moncton facilities.

About IMCO

IMCO is a leading manufacturer and supplier of full-line aftermarket exhaust products to North America and Canada. The company produces mufflers, tubing, prebent exhaust pipes, glasspacks, converters and performance products. It also provides a line of chrome and stainless tips, hardware and accessory items. IMCO has approximately 300 employees at its 254,000-square- foot facility in Schulenburg, Texas. For more information, visit http://www.imcoweb.com/ .

About ArvinMeritor

ArvinMeritor, Inc. is a premier $8.8 billion global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves light vehicle, commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets. Headquartered in Troy, Mich., ArvinMeritor employs approximately 29,000 people at more than 120 manufacturing facilities in 25 countries. ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For more information, visit the company's Web site at: http://www.arvinmeritor.com/ /.