---

Lear Corporation Signs Letter of Intent

7 January 1999

Lear Corporation Signs Letter of Intent

    SOUTHFIELD, Mich., Jan. 7 -- Lear Corporation
announced today that it has signed a letter of intent to purchase a portion of
Hyundai Motor Corporation's seating business.
    Lear Corporation, a Fortune 500 company, is one of the world's largest
automotive suppliers, with 1997 sales of $7.3 billion.  The company's world-
class products are designed, engineered and manufactured in 28 countries on
six continents.  Information about Lear and its products is available on the
Internet at http://www.lear.com