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Standard Products Announces Completion of Stock Program

13 October 1998

Standard Products Announces Completion of Stock Repurchase Program

    DEARBORN, Mich., Oct. 13 -- The Standard Products Company
announced that it has completed the repurchase of 843,600 shares
of its common stock, or five percent of the outstanding shares, under a share
repurchase program adopted by the Company's Board of Directors on June 23,
1998.  The program authorized the repurchase of up to five percent of the
16,872,643 shares outstanding at June 19, 1998.
    Standard Products produces highly engineered polymer-based products and
systems on a global basis for the automotive, appliance and construction
industries.  More information may be found on the Internet at
http://www.standardproducts.com.