Lear Honored by Toyota for Superior Supplier Diversity and Excellence in Quality

SOUTHFIELD, Mich., March 23 -- Lear Corporation was recently honored by Toyota Motor Manufacturing North America (TMMNA) for superior supplier diversity and excellence in quality during the 2006 Annual TMMNA Supplier Awards Ceremony on March 21.

These awards acknowledge those suppliers who have met Toyota's highest standards in quality, delivery, value improvement and supplier diversity.

Lear as a whole was honored for superior supplier diversity, recognizing the company's outstanding efforts in minority business development initiatives. In addition, Lear's plant in Edinburgh, Indiana was recognized for excellence in quality.

"These awards further validate Lear's commitment to delivering the highest quality products to our customers and the utilization of a diverse supply base," said Lear Chairman and CEO, Bob Rossiter.

Toyota's Annual Business Meeting and Awards Ceremony bring together the automaker's approximately 500 North American suppliers to share expectations for the coming business year and to recognize outstanding performance among suppliers.

Lear Corporation is one of the world's largest suppliers of automotive interior systems and components. Lear provides complete seat systems, electronic products and electrical distribution systems and other interior products. With annual net sales of $17.1 billion, Lear ranks #127 among the Fortune 500. The company's world-class products are designed, engineered and manufactured by a diverse team of 115,000 employees at 282 locations in 34 countries. Lear's headquarters are in Southfield, Michigan, and Lear is traded on the New York Stock Exchange under the symbol [LEA]. Further information about Lear is available on the Internet at http://www.lear.com/ .

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