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Lear Corporation Completes Acquisition of Keiper Car Seating

31 July 1997

Lear Corporation Completes Acquisition of Keiper Car Seating

    SOUTHFIELD, Mich., July 31 -- Lear Corporation
announced today that it has completed its acquisition of the Keiper Car
Seating business from Putsch GmbH & Co. KG, KEIPER GmbH & Co. and certain of
their affiliates.  The purchase price of the acquisition including the
assumption of debt was approximately $260 million.
    A Fortune 250 Company, Lear Corporation is one of the world's largest
automotive suppliers, with 1996 sales of over $6.2 billion.  The Company's
world class products are manufactured by approximately 45,000 employees in
over 140 facilities located in 23 countries.
    Information about Lear and its products is available on the Internet at
 http://www.lear.com.

SOURCE  Lear Corporation