Federal-Mogul Supplemental Disclosure Statement Approved and Confirmation Hearing Date Set by Bankruptcy Court

SOUTHFIELD, Mich.--Federal-Mogul Corporation [OTCBB:FDMLQ] announced that on February 2, 2007, the Honorable Judith K. Fitzgerald, United States Bankruptcy Court for the District of Delaware, approved the Supplemental Disclosure Statement describing the Fourth Amended Joint Plan of Reorganization and set May 8, 2007, as the date for the confirmation hearing with respect to the Amended Plan.

The Bankruptcy Court also approved the solicitation and voting procedures by which the votes of a limited number of classes of creditors will be solicited. The Bankruptcy Court determined that it was not necessary to resolicit the votes of all classes of creditors and equity holders.

The Amended Plan is jointly proposed by Federal-Mogul, the Unsecured Creditors Committee, the Asbestos Claimants Committee, the Future Asbestos Claimants Representative, the Agent for the Prepetition Bank Lenders and the Equity Committee. The Plan also has the support of the Asbestos Property Damage Committee and the Ad Hoc Committee of Unsecured Creditors.

“Federal-Mogul is pleased with the developments accomplished at this hearing which together with the resolution for emergence of the United Kingdom Administrated companies, with activities in the Americas, Europe and Asia Pacific, represent major milestones toward exit from Chapter 11,” said Chairman, President and Chief Executive Officer José Maria Alapont. “We continue to progress successfully, both in the implementation of our global profitable growth strategy to satisfy customer, employee and stakeholder expectations and in our commitment to confirm on May 8 our restructuring plan to emerge.”

About Federal-Mogul

Federal-Mogul Corporation is a leading global supplier, serving the world’s foremost original equipment manufacturers of automotive, light commercial, heavy-duty, agricultural, marine, rail, off-road and industrial vehicles, as well as the worldwide aftermarket. The Company’s leading technology and innovation, lean manufacturing expertise, as well as marketing and distribution deliver world-class products, brands and services with quality excellence at a competitive cost. Federal-Mogul is focused on its global profitable growth strategy, creating value and satisfaction for its customers, employees and stakeholders. Federal-Mogul was founded in Detroit in 1899. The Company is headquartered in Southfield, Michigan, and employs 45,000 people in 35 countries. Visit the company’s Web site at www.federal-mogul.com.

Note to Editors: There should be an accent symbol over the "e" in "José" above.