---

MS Acquisition Corp. Enters Into Agreement To Acquire Zenith Industrial

13 May 1999

MS Acquisition Corp. Enters Into Agreement To Acquire Zenith Industrial Corporation

    CENTERLINE, Mich., May 12 -- MS Acquisition Corp. entered
into an agreement to acquire all of the issued and outstanding capital stock
of Zenith Industrial Corporation.  The closing of the transaction is subject
to customary and usual conditions including approval of the Federal Trade
Commission.
    Zenith Industrial Corporation is a stamper specializing in assembly
stampings and underbody parts.  MS Acquisition Corp. is a leading full-service
supplier of highly engineered metal-formed components, complex modules and
mechanical assemblies for automotive original equipment manufacturers in
Europe and North America.