---

Standard Motor Products Omits Quarterly Dividend

19 February 1998

Standard Motor Products Omits Quarterly Dividend

    NEW YORK, Feb. 19 -- Standard Motor Products, Inc.
, automotive replacement parts manufacturer, announced today that
its Board of Directors has decided to omit payment of the Company's dividend
for the current quarter.
    Mr. Lawrence Sills, President, said, "We have implemented a cost and
working capital reduction program in response to the anticipated loss for the
fourth quarter of 1997.  This program coupled with the previously announced
restructuring of our business to become more focused should return the Company
to profitability in the very near term.  The Company also is currently
completing negotiations for a new bank facility which will provide the
required liquidity to operate our business."  Mr. Sills added, "At this time,
however, the Board of Directors and the Company's management felt it prudent
to omit the dividend.  The Board of Directors will review the reinstatement of
a dividend early next quarter."
    This news release contains certain forward-looking statements that involve
risks and uncertainties.  Actual results, events and performance could differ
materially from those contemplated by these forward-looking statements.  Among
the factors that could cause actual results, events and performance to differ
materially are risks and uncertainties detailed from time-to-time in prior
public statements and the Company's filings with the Securities and Exchange
Commission, including the Company's annual report on Form 10-K for the fiscal
year ended December 31, 1996 and the Company's quarterly reports on Form 10-Q
for the quarterly periods ended March 31, June 30, and September 31, 1997.

SOURCE  Standard Motor Products, Inc.