Meridian Automotive Systems, Inc. Sets New Date for Confirmation Hearing and Seeks Approval of Exit Financing Commitment

ALLEN PARK, Mich., Nov. 27, 2006 -- Meridian Automotive Systems, Inc. today announced that it has rescheduled the confirmation hearing regarding its Plan of Reorganization ("Plan") from November 29, 2006 to December 6, 2006. Meridian requested the short adjournment to allow its creditor constituencies time to finalize certain agreements related to the Plan. Meridian still expects that its Plan will become effective in December 2006.

Meriden also announced that it has filed a motion seeking approval of the commitment from Deutsche Bank to provide the $175 million exit financing to implement the Plan. The hearing to approve the financing commitment is scheduled for November 29, 2006.

Richard E. Newsted, Meridian's President and CEO, said, "We remain on track to emerge from Chapter 11 by the end of the year. The many necessary elements for our Plan to become effective are falling into place thanks to the focus and hard work of the Meridian team, our professional advisors, Deutsche Bank and the strong support of our major secured creditor classes and the Official Committee of Unsecured Creditors."

About Meridian Automotive Systems, Inc.

Meridian Automotive Systems is a leading supplier of technologically advanced front and rear end modules, exterior thermoplastics and composites, lighting and interior systems to automobile and truck manufacturers. Meridian operates 20 plants in the United States, Canada and Mexico, supplying Original Equipment Manufacturers and major Tier One parts suppliers.

This news release contains forward-looking statements based on current assumptions and forecasts made by Meridian Automotive Systems management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future consolidated results, financial situation, development or performance of the company, and the estimates given here. The company assumes no liability to update such forward-looking statements or to adapt to future events or development.