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Standard Motor Products, Inc. Registers Convertible Subordinated Debenture Offering with SEC

26 May 1999

Standard Motor Products, Inc. Registers Convertible Subordinated Debenture Offering with SEC
    NEW YORK, May 25 -- Standard Motor Products, Inc.
an automotive replacement parts manufacturer and distributor, announced today
that it has filed a Registration Statement with the Securities and Exchange
Commission covering the proposed offering of $75,000,000 of Convertible
Subordinated Debentures.
    Goldman, Sachs & Co., and Morgan Stanley Dean Witter have been named as
managing underwriters.
    Proceeds from the sale of the convertible subordinated debentures will be
applied to repaying a portion of Standard Motor Products' outstanding
indebtedness, the purchase of minority interests in certain subsidiaries and
the repurchase of shares of common stock for use in connection with employee
benefit plans, with the balance being available for general corporate
purposes, including future acquisitions.
    A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective.  This release shall not
constitute an offer to sell or the solicitation of any offer to buy nor shall
there be any sale of these securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state.