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Tower Automotive, Inc. Announces Two-For-One Stock Split

20 May 1998

Tower Automotive, Inc. Announces Two-For-One Stock Split

    MINNEAPOLIS, May 19 -- Tower Automotive, Inc. ,
today announced that its board of directors voted to declare a two-for-one
split of the company's common stock.
    On July 15, 1998, stockholders will receive one additional common share
for every share owned on the record date of June 30, 1998.  Following the July
15 effective date, the company will have approximately 46 million shares
outstanding.
    Tower Automotive, Inc., produces a broad range of assemblies and modules
for vehicle body structures and suspension systems for the automotive
manufacturers, including Ford, Chrysler, General Motors, Honda, Toyota,
Nissan, Mazda, Fiat, BMW, Volkswagen and Mercedes.  Products include body
structural assemblies such as pillars and package trays, control arms,
suspension links, engine cradles and full frame assemblies.  The company has
its operating headquarters in Grand Rapids, Mich., and a corporate office in
Minneapolis, Minn.