ArvinMeritor Announces Sale of Gabriel South Africa Light Vehicle Aftermarket Ride Control Business

TROY, Mich., June 20 -- ArvinMeritor, Inc. today announced the sale of Gabriel South Africa, its Light Vehicle Aftermarket (LVA) Ride Control business in Cape Town -- which includes the sale of the Gabriel trademark in designated African countries -- to Control Instruments Group Limited, which is listed on the JSE Limited in South Africa. The cash purchase price of the transaction is approximately $12 million, which does not include the land and buildings that are being retained by ArvinMeritor. The sale is subject to regulatory approvals.

"This sale is part of our plan to divest non-core businesses and assets," said Chip McClure, ArvinMeritor chairman, CEO and president. "Going forward, we will continue to focus resources and capital on those areas that produce the highest returns for us and create the best strategic fit with our existing product portfolio."

This divestiture affects approximately 400 employees at the Cape Town facility. McClure added, "Gabriel South Africa is joining a company that can fully leverage its capabilities. We wish our longtime LVA associates much success in their future with Control Instruments Group."

ArvinMeritor's light vehicle emissions technologies business, housed at the same location, is not included in or affected by the sale.

About Control Instruments Group Limited

Control Instruments' subsidiaries develop, engineer, manufacture and distribute products and services for niche sectors of worldwide automotive and transportation industries, including the Original Equipment Manufacturer (OEM) motor industry; commercial vehicle and fleet management markets; and a range of products that are supplied to the automotive aftermarket.

The Group has been listed on the JSE Limited since 1987, trading under the share code "CNL." It employs approximately 1,300 people. For more information, visit the Group's Web site at http://www.ci.co.za/ .

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/ .