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Noble International, Ltd. Announces Increase in Credit Facility

22 December 1998

Noble International, Ltd. Announces Increase in Credit Facility
    BLOOMFIELD HILLS, Mich., Dec. 22 -- Noble International, Ltd.
("Noble") (Amex: NIL) today announced that on December 17, 1998, it amended
its Amended and Restated Loan Agreement with Comerica Bank to provide for an
increase in its revolving line of credit facility to $60 million (the "New
Comerica Line").  The New Comerica Line expires December 31, 2000, is secured
by a first priority security interest in the assets of Noble and its
subsidiaries and provides for the issuance of up to $1 million in standby or
documentary letters of credit.  The New Comerica Line replaces Noble's and its
subsidiaries' approximately $50 million of prior existing revolving credit
facilities.  Noble paid an up front fee of $18,750 to Comerica in connection
with the New Comerica Line.
    The New Comerica Line may be utilized for general corporate purposes,
including working capital and acquisition financing.  The New Comerica Line
provides Noble with borrowing options for advances under the facility of
either a "Eurocurrency Rate" (Comerica's Eurodollar rate as adjusted for
reserves and other regulatory requirements) or a "Base Rate" (1% below
Comerica's Prime Rate of Interest).  The New Comerica Line is subject to
customary financial and other covenants including, but not limited to,
limitations on payment of dividends, limitations on consolidations, and
mergers and sales of assets.
    Lloyd Jones, Noble's President, stated "We are pleased with the confidence
that Comerica has shown in our business and management with this increase in
our credit facility.  The increased availability will help us meet our capital
needs as we grow into the future and meet our customer demands."
    Certain statements in this news release maybe "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933.  Statements
regarding future prospects and developments are based upon current
expectations and involve certain risks and uncertainties that could cause
actual results and developments to differ materially from the forward-looking
statements.