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Dura Automotive Systems, Inc., Issues Statement Clarifying Factual Inaccuracies in Crain's Detroit Business Article

9 December 1997

Dura Automotive Systems, Inc., Issues Statement Clarifying Factual Inaccuracies in Crain's Detroit Business Article

           Data Source is Attributed to Bloomberg Financial Markets

    MINNEAPOLIS, Dec. 9 -- Dura Automotive Systems, Inc.
, today issued a statement to clarify substantial factual
inaccuracies in a Crain's Detroit Business article the publication attributed
to data compiled by Bloomberg Financial Markets.  The article appears on page
two of the Dec. 9, 1997 issue of Crain's Detroit Business.
    According to the company, insiders have sold only 204,531 shares since the
company went public in August of 1996.  The article inaccurately says insiders
have sold 1.46 million shares in the last 45 days.  Currently, insiders hold
4,668,466 shares, the majority of which are Class B shares.  Before Class B
shares can be sold, they are converted to Class A shares on a one-to-one
basis.  Of the total shares sold, S.A. Johnson, chairman of Dura Automotive,
has sold a total of 50,000 shares, not the 75,000 shares total stated in the
article.  He continues to hold 417,879 Class B shares.  Milton Kniss has sold
9,031 shares, not the 18,031 share total that is indicated in the article.
    Dura Automotive Systems, Inc., is a leading designer and manufacturer of
driver control mechanisms, cable related systems and engineered mechanical
components for the global automotive industry.  The Company's products include
parking brake systems, automotive cables, latches, transmission shifter
mechanisms and systems, underbody tire carriers, brake and accelerator pedals,
and other mechanical assemblies.  The Company's products are sold to major
North American original equipment manufacturers (OEMs), including Ford,
General Motors and Chrysler, as well as Japanese OEMs, such as Toyota.  The
Company's European and South American facilities support Ford, GM, VW, BMW,
PSA (Peugeot) and various other OEMs.  Dura Automotive's operating
headquarters is in Rochester Hills, Mich., and its corporate office is in
Minneapolis, Minn.

SOURCE  Dura Automotive Systems, Inc.