---

Bundy Wins Multiple Ford F-Series Contracts

16 October 1998

Bundy Wins Multiple Ford F-Series Contracts

    WARREN, Mich., Oct. 15 -- Bundy Group has been awarded
contracts for small diameter fluid line systems business on three of Ford's
next generation truck line models.
    The models include:
    *  Brake lines for the Ford Heavy Duty F-Series models to be produced in
Brazil.
    *  Fuel vapor recovery and brake line systems for the F-Series truck, to
be built in Mexico at Ford's Cuautitian facility.
    *  In the United States, the F-Series truck will be equipped with a new
Bundy 6000 brake line product, which provides an enhanced corrosion resistant
coating, offering 100,000 mile lifetime performance.

    "These newest contracts demonstrate the growing strength and competitive
advantage Bundy offers to its customers.  By providing a high level of
customer service worldwide, we can continue to assist customers with their
expansion in product innovation and global location," commented Mary Malewicz,
global director of Bundy's Ford Business Unit.
    Bundy is one of TI Group's (headquartered in Abingdon, England) four core
specialized engineering businesses.  Others include John Crane, Dowty and
Forsheda Polymer Engineering Company.  Bundy Group is a world leader in the
manufacturing of specialized small diameter fluid carrying systems for the
automotive and refrigeration industries.  Bundy employs 15,000 people at more
than 105 facilities, located in 27 countries across six continents.