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Tower Automotive, Inc., Announces Dividend

1 March 1999

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

    MINNEAPOLIS, March 1 -- Tower Automotive, Inc.
announced today that a dividend of $0.84 per share will be paid on the 6 3/4
percent trust convertible preferred securities issued by the Tower Automotive
Capital Trust.  The dividend will be payable on March 31, 1999, to
stockholders of record on March 15, 1999.  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.