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Tower Automotive, Inc., Announces Dividend

4 December 1998

Tower Automotive, Inc., Announces Dividend on Trust Convertible Preferred Securities

    MINNEAPOLIS, Dec. 4 -- Tower Automotive, Inc.
announced today that a dividend of $0.84 per share will be paid on the 6 3/4%
trust convertible preferred securities issued by the Tower Automotive Capital
Trust.  The dividend will be payable on December 31, 1998, to stockholders of
record on December 15, 1998.  The dividend will be paid on 5,175,000 shares
outstanding.
    Tower Automotive, Inc., produces a broad range of assemblies and modules
for vehicle body structures and suspension systems for the automotive
manufacturers, including Ford, Chrysler, General Motors, Honda, Toyota,
Nissan, Auto Alliance, Fiat, BMW, Volkswagen and Mercedes.  Products include
body structural assemblies such as pillars and package trays, control arms,
suspension links, engine cradles and full frame assemblies.