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Stoneridge, Inc. Files Offering of Common Shares

11 August 1997

Stoneridge, Inc. Files Offering of Common Shares

    WARREN, Ohio, Aug. 11 -- Stoneridge, Inc. today announced
that it has filed a registration statement with the Securities and Exchange
Commission for the initial public offering of up to an aggregate of
$124 million of Common Shares, all of which will be offered by the Company.
The Company is a leading independent designer and manufacturer of highly
engineered electrical and electronic components, modules and systems
principally for the automotive, medium and heavy duty truck and agricultural
vehicle markets.  Morgan Stanley Dean Witter and Donaldson, Lufkin & Jenrette
Securities Corporation are the Managing Underwriters of the offering.  The
Company intends to apply for listing of its Common Shares on the New York
Stock Exchange.  For a copy of a Prospectus Subject to Completion, contact
Morgan Stanley Dean Witter, 1585 Broadway, New York, New York 10036.
    A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.  The
Common Shares may not be sold nor any offers to buy be accepted prior to the
time a registration statement becomes effective.  This press release shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the Common Shares in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state.

SOURCE  Stoneridge, Inc.