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Standard Motor Products, Inc. Announces Stock Repurchase

23 December 1998

Standard Motor Products, Inc. Announces Stock Repurchase

    NEW YORK, Dec. 22 -- Standard Motor Products, Inc.
, automotive replacement parts manufacturer and distributor,
announced that its Board of Directors approved a share repurchase of
300,000 shares of the Company's Common Stock.  The shares will be purchased
from time to time through dealer/brokers.  The shares will be used to meet the
continuing requirements of the Company's ESOP and stock options programs.
    Mr. Lawrence Sills, President, said "the stock repurchase reflects the
sustained improvement in the Company's profit performance and the strong cash
flow of the business in 1998.  Actions such as the stock repurchase are an
integral part of the Company's EVA program, which was begun in 1998 and will
be expanded with further participants in 1999.  Additional stock repurchases
will be considered in the future to enhance shareholder value."