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SPX Asks Court to Compel Echlin to Call Special Shareholder Meeting

13 April 1998

SPX Asks Court to Compel Echlin to Call Special Shareholder Meeting

    MUSKEGON, Mich., April 13 -- SPX Corporation
today announced that it has asked the U.S. District Court for the District of
Connecticut to compel Echlin Inc. to set a date by April 24, 1998
for a special meeting of Echlin's shareholders and for other relief.  More
than 50% of Echlin shareholders have demanded such a meeting, far above the
required 35% under Connecticut law and Echlin's own by-laws.
    "We are simply asking the Court to compel Echlin to hold on a timely
basis the special meeting its shareholders have already demanded," said John
B. Blystone, Chairman, President and CEO of SPX.  "While Echlin persists in
disenfranchising its own shareholders -- first by attempting to change
Connecticut law and now through frivolous litigation -- SPX will continue to
take all appropriate action to see that Echlin shareholders are given the
opportunity to decide for themselves who they want to run their company."
    On March 25, 1998, SPX delivered to Echlin demands from owners of
approximately 29 million Echlin shares, representing 45.8% of Echlin's
outstanding shares, to hold a special shareholder meeting to vote on replacing
the Echlin Board of Directors with SPX's nominees.  SPX subsequently delivered
additional demands for a special shareholder meeting to Echlin, bringing the
total to approximately 31.8 million Echlin shares, representing in excess of
50% of Echlin's outstanding shares.
    Under Connecticut law and Echlin's own by-laws, Echlin must give notice of
a special meeting within 30 days of receiving demands by holders of 35% of its
outstanding shares, and must hold the meeting within 60 days of giving notice.
    SPX Corporation is a global provider of Vehicle Service Solutions to
franchised dealers and independent service locations, Service Support to
Vehicle Manufacturers, and Vehicle Components to the worldwide motor vehicle
industry.  SPX's Internet address is http://www.spx.com.

SOURCE  SPX Corporation