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Federal-Mogul Completes Acquisition of Piston From Alcan Aluminium

2 June 1999

Federal-Mogul Completes Acquisition of Piston Operations From Alcan Aluminium Limited

    SOUTHFIELD, Mich., June 1 -- Federal-Mogul Corporation
today reported the completion of its acquisition of the piston
division of Alcan Deutschland GmbH in Germany, a subsidiary of Alcan Aluminium
Limited in Canada, that manufactures high quality pistons for passenger cars
and commercial vehicles under the highly regarded Nural brand name.
    "This acquisition is a significant strategic fit with Powertrain's
offering in Europe," said Alan Johnson, executive vice president, Powertrain
Systems.  "Adding Nural quality pistons to our existing European product
portfolio is a clear win for our customers and helps us achieve our priority
of providing power cylinder assemblies globally.  This acquisition keeps
Federal-Mogul at the forefront of value-added customer offerings."
    Alcan's piston division employs approximately 1,100 people at its
manufacturing facility in Nuremberg, Germany, with annual sales in excess of
$150 million.
    Terms of the acquisition were not disclosed.
    Headquartered in Southfield, Michigan, Federal-Mogul is an automotive
parts manufacturer providing innovative solutions and systems to global
customers in the automotive, light truck, heavy-duty, railroad, farm and
industrial markets.  The company was founded in 1899.  Visit the company's web
site at http://www.federal-mogul.com for more information.  Federal-Mogul's
press releases are available by fax through Company News On-Call, call
800-758-5804, ext. 306225.