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Dura Automotive Systems, Inc. Completes Offering

12 June 1998

Dura Automotive Systems, Inc. Completes Offering of 4,413,000 Shares of Class A Common Stock

    MINNEAPOLIS, June 12 -- Dura Automotive Systems, Inc.
, today announced it has completed an offering of 4,413,000
shares of Class A common stock at a price of $32.75.  Of the total shares
offered, 3,100,000 were sold by the company and 1,313,000 were sold by certain
selling stockholders.  The company's net proceeds from the offering will be
used to retire outstanding indebtedness.  Donaldson, Lufkin & Jenrette
Securities Corporation, Robert W. Baird & Co. Incorporated, PaineWebber
Incorporated and Piper Jaffray, Inc. served as underwriters of the offering.
    Dura Automotive Systems, Inc., is a leading designer and manufacturer of
driver control systems, cable-related systems and engineered mechanical
components for the global automotive industry.  The company's products include
parking brake systems, automotive cables, transmission shifter systems,
latches, underbody tire carriers, jacks, brake, clutch and accelerator pedals
and other mechanical assemblies.  The company's products are sold to major
North American original equipment manufacturers (OEMs), including Ford, GM and
Chrysler, as well as Japanese OEMs, including Toyota, Honda and Nissan.  The
company's European and Latin American facilities support Ford, GM, Volkswagen,
Mercedes, BMW, PSA (Peugeot and Citroen), Renault, Fiat, Porsche and various
other OEMs.  Dura's operating headquarters is in Rochester Hills, Mich., and
its corporate office is in Minneapolis, Minn.