---

Walbro Co. Announces Completion of New Line of Credit

1 June 1998

Walbro Corporation Announces Completion of New Line of Credit

    CASS CITY, Mich., June 1 -- Walbro Corporation
has announced that it has completed a new $150 million line of credit from
NationsBank Business Credit. NationsBank Business Credit is a division of
NationsBank Corporation , the third largest banking company in the
United States. The proceeds of the line of credit will be used to repay the
Company's existing revolving line of credit and to repay the 7.68 percent
Senior Notes issued in 1994.
    In announcing the new line of credit, Frank E. Bauchiero, President and
Chief Executive Officer, Walbro Corporation, noted, "We are pleased to have
arranged this new credit facility with NationsBank. In addition to repaying
existing debt, the new facility provides additional working capital to support
Walbro's continuing strategy of engineering and manufacturing fuel storage and
delivery systems for our global customers."
    Walbro Corporation is a designer and manufacturer of precision fuel
systems and products for automotive and small engine markets.  Walbro
Corporation has subsidiaries and joint ventures throughout the world,
including North and South America, Europe and Asia. Walbro common stock is
traded on the Nasdaq National Market under the symbol WALB.