---

MascoTech, Inc. Announces Intent To Dispose of Certain Businesses

16 June 1998

MascoTech, Inc. at Annual Investor Conference Announces Intent To Dispose of Certain Businesses

    TAYLOR, Mich., June 15 -- Frank M. Hennessey, Chief Executive
Officer of MascoTech, Inc. , speaking at the Company's annual
investor conference, announced the Company's intent to dispose of certain of
its aftermarket businesses and its vacuum metallizing operation.
    The businesses to be disposed have aggregate annual sales of approximately
$125 million.  The Company believes that aggregate proceeds will equal or
exceed its carrying value for these businesses.  The cash portion of such
proceeds will be applied to reduce the Company's indebtedness.
    Mr. Hennessey further commented that, based on current business
conditions, the Company expects earnings per common share for the second
quarter of 1998 to equal or exceed the consensus analyst estimate of
approximately $.48, notwithstanding recently announced work stoppages at a
major customer.
    MascoTech is a diversified manufacturing company with world-leading
metalforming process capabilities and proprietary product positions serving
transportation, industrial and consumer markets.
    Statements in this press release, which are not historical facts, are
forward looking statements that involve certain risks and uncertainties,
including but not limited to, risks associated with the uncertainty of future
financial results, conditions within the markets in which the Company
competes, labor relations of the Company and certain of its customers and
other uncertainties detailed in the Company's filings with the Securities and
Exchange Commission.
    Visit MascoTech's website at http://www.mascotech.com.  MascoTech's press
releases are also available through Company News On-Call by fax, 800-758-5804,
extension 535375, or http://www.prnewswire.com.