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Meritor Automotive Declares Quarterly Dividend On Common Stock

8 April 1998

Meritor Automotive Declares Quarterly Dividend On Common Stock

    TROY, Mich., April 8 -- Meritor Automotive, Inc.'s
board of directors today declared a quarterly dividend of 10.5
cents per share on its common stock, payable June 1, 1998, to shareowners of
record on May 11, 1998.
    Meritor, with 1997 sales of more than $3.3 billion, is a global supplier
of a broad range of components and systems for commercial, specialty and light
vehicles.  Meritor consists of two businesses: Heavy Vehicle Systems, a
leading supplier of drivetrain systems and components for medium- and heavy-
duty trucks, trailers and off-highway equipment and specialty vehicles,
including military, bus and coach, and fire and rescue; and Light Vehicle
Systems, a major supplier of roof, door, access control and seat adjusting
systems, electric motors and electronic controls, suspension systems and
wheels for passenger cars, light trucks and sport utility vehicles.

SOURCE  Meritor Automotive, Inc.