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LucasVarity Common Rail Diesel Commitments Exceed $1 Billion

23 February 1998

LucasVarity Common Rail Diesel Commitments Exceed $1 Billion

    LONDON, Feb. 23 -- LucasVarity plc (London: LVA, NYSE: LVA)
announced today that its Diesel Systems division is to supply its common rail
fuel injection system to Kia Motor Corp. of Korea, in a contract worth 125
million pounds sterling ($200 million).
    This follows the announcement in December last year of customer
commitments from Ford Motor Company and Renault S.A. worth 500 million pounds
($850 million).
    Dominique Chauvin, managing director of Lucas Diesel Systems, said: "The
majority of vehicle manufacturers are now choosing common rail fuel injection
systems for their future car diesel engines, and we are delighted to be able
to announce our third contract for this technology.  Our system is world class
and we expect further customer selections in the following months."
    Lucas Diesel Systems is one of the world's leading manufacturers of diesel
fuel injection systems, serving the car, van, truck, bus, agricultural,
industrial and marine sectors.

SOURCE  LucasVarity plc