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Federal-Mogul Names Jeff Kaminski Director of Finance

7 July 1997

Federal-Mogul Names Jeff Kaminski Director of Finance

    SOUTHFIELD, Mich., July 7 -- Thomas W. Ryan, senior vice
president and chief financial officer of Federal-Mogul Corporation
today announced the appointment of Jeff Kaminski to director of finance,
effective immediately.
    Kaminski's responsibilities will include serving as the financial leader
for the implementation of economic value added (EVA) principles throughout the
corporation.  Kaminski will also be a key financial team member supporting
Federal-Mogul's acquisition activities.
    "The combination of Jeff Kaminski's operational experience and financial
background will contribute significantly to the successful implementation of
EVA-based management systems at Federal-Mogul," said Ryan.  "These attributes
will also serve us well in the identification, evaluation and integration of
acquisition opportunities."
    Prior to this appointment, Kaminski was general manager of Federal-Mogul's
Australian aftermarket operations since 1994.  He served the company as
international aftermarket controller since 1991 and corporate staff controller
since 1989.  Prior to joining Federal-Mogul, Kaminski was manager of financial
reporting at R.P. Scherer Corporation.  He began his professional career at
Deloitte Haskins and Sells where he left as a senior accountant.
    Kaminski earned a Bachelor of Business Administration in accounting and
finance from the University of Michigan in 1983.  He earned his Masters of
Business Administration in finance from Wayne State University, Detroit,
Michigan, in 1990.
    Headquartered in Southfield, Michigan, Federal-Mogul is a $2 billion
global manufacturer and distributor of a broad range of non-discretionary
parts primarily for automobiles, light trucks, heavy trucks, and farm and
construction vehicles.  Visit the company's web site at
 http://www.federal-mogul.com for more information on Federal-Mogul.

SOURCE  Federal-Mogul Corporation