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Court Sets May 7 Hearing on SPX/Echlin Litigation

17 April 1998

Court Sets May 7 Hearing on SPX/Echlin Litigation

    MUSKEGON, Mich., April 17 -- SPX Corporation
today announced that the U.S. District Court for the District of Connecticut
has scheduled a hearing for May 7, 1998 at 9:30 a.m. to consider preliminary
injunction motions pending between SPX and Echlin Inc. regarding a
special shareholder meeting that has been demanded by the owners of more than
50% of Echlin's outstanding shares.  The Court's Scheduling Order provides:
"In order that SPX not be prejudiced by the establishment of this schedule,
should SPX prevail on its preliminary injunction application and the Court
order Echlin to call and hold a special meeting, the special meeting shall be
held no later than June 23, 1998 (90 days from March 25, 1998)."
    "We are pleased that the Court has indicated that it will act swiftly on
this matter and we are confident in our legal position," said John B.
Blystone, Chairman, President and CEO of SPX.  "SPX remains committed to
taking all necessary action to ensure that Echlin shareholders are given the
opportunity to decide for themselves who they want to run their company."
    Owners of approximately 31.8 million Echlin shares, representing more than
50% of Echlin's outstanding shares, have demanded a special shareholder
meeting.  Under Connecticut law and Echlin's own by-laws, Echlin must hold a
special meeting within 90 days of receiving demands by holders of 35% of its
outstanding shares.
    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