LucasVarity Wins Chrysler Role Model Award

8 December 1998
LucasVarity Wins Chrysler Role Model Award
    LONDON, Dec. 8 -- LucasVarity plc (London: LVA; NYSE: LVA)
announced today that its Automotive Division is one of nine recipients of
Chrysler Role Model awards for the 1998 model year.  Around 11,000 top parent
suppliers are eligible for these prestigious awards.
    LucasVarity Automotive was recognised in conjunction with two other
DaimlerChrysler suppliers in the Extended Enterprise(TM) category for reducing
variations in brake products.  Through a focused partnership effort with its
plants and Tier 2 suppliers, LucasVarity achieved a 30 percent improvement in
part to part consistency involving a variety of brake components.  This
improvement contributed to a further reduction of brake system warranty claims
at DaimlerChrysler.
    The award for the 1998 model year was the first time that LucasVarity has
been recognised as a Role Model recipient.  In a letter to LucasVarity
Automotive President John Plant, DaimlerChrysler Corporation's Executive Vice
President, Procurement & Supply Tom Sidlik said, "Your employees should be
very proud of this tremendous accomplishment.  I extend my personal thanks to
all of you for your hard work!"
    LucasVarity Chief Executive Officer Victor Rice said, "We are especially
honoured to be recognised in the Extended Enterprise(TM) category because it
is a business practice for which DaimlerChrysler Corporation is particularly
well known.  We fully embrace the philosophy of building and maintaining
long-term business partnerships throughout the supply chain to continuously
improve our products.  The ultimate winners are the owners of new
DaimlerChrysler cars and trucks."
    LucasVarity Automotive President John Plant said, "The Chrysler Role Model
award further evidences our Company's commitment to delighting our customers."
    LucasVarity designs, manufacturers and supplies advanced technology
systems, products and services in the world's automotive and aerospace
industries.