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Delco Remy Adds Batteries to Road Gang System in Agreement with GNB

29 July 1999

Delco Remy International Adds Batteries to Popular Road Gang System in Agreement with GNB Technologies

    ANDERSON, Ind., July 29 -- Delco Remy America (DRA), a
subsidiary of Delco Remy International introduces a new line of
batteries called Road Gang(TM) Batteries.  This new line of battery will be
featured in the highly popular and durable Road Gang Premium Electrical
System.  In addition, it will also be offered separately as a line of
commercial batteries for DRA's heavy-duty aftermarket program.  GNB
Technologies has been selected as the exclusive supplier for this new battery
program.
    The Road Gang Premium Electrical System, with the addition of the new Road
Gang Battery, is the first electrical system in the industry to carry a three
year/350,000 mile free replacement warranty.
    "The Delco Remy Road Gang is the preferred premium choice in the industry.
Teaming up with GNB to add these new batteries to the system is one more step
in our commitment to provide Best-in Class quality, value and service to our
customers," stated DRA President Richard L. Stanley.
    Now the new Road Gang Premium Electrical System, used in over-the-road
applications for both medium and heavy-duty vehicles, contains a heavy-duty
brushless alternator, over-crank protection starter, low voltage disconnect,
and a set of Road Gang Batteries.  This system will be available as an option
package on most new Class 8 trucks.
    GNB Technologies, a lead-acid battery manufacturer, will supply Road Gang
Batteries to the original equipment and aftermarket programs, as well as a
complementary line of batteries for mid-range automotive, industrial,
agricultural and heavy-duty applications.  The aftermarket batteries will be
available through Delco Remy distributors and participating OE dealer
organizations.
    GNB Technologies CEO Thomas O. Minner said, "This new contract with DRA is
a result of hard work and cooperative spirit between both organizations.  It
is also a significant achievement in GNB's long-term growth plan built upon
developing new products, new markets and new customers."
    The premium Road Gang Batteries, manufactured at GNB's QS9000 certified
facility in City of Industry, California, have passed cycle-life testing that
will exceed any high-cycle battery currently on the market.
    "This new Road Gang Battery has been designed to systematically match the
duty cycle of today's trucks.  This new Road Gang Battery, coupled with the
industries' most durable starter and alternator specification, will allow
fleet owners to have a low cost-per-mile electrical system, all from DRA,"
said Stanley.
    Delco Remy International, Inc., headquartered in Anderson, Indiana (USA),
became a public company with an initial public offering of stock in December
1997.  The company designs, manufactures, remanufactures and distributes
electrical, powertrain/drivetrain and related components for automobiles and
light trucks, medium- and heavy-duty trucks and other heavy-duty, off-road
vehicles.  Products include starter motors, alternators, engines,
transmissions, torque converters, fuel systems, and traction control systems.
The Company serves the aftermarket and original equipment manufacturer market
principally in North America, as well as in Europe, Latin America and Asia
Pacific.   DRI can be found on the Internet at http://www.delcoremy.com  .
    GNB Technologies is an integrated provider of power technology products.
It manufactures and recycles lead-acid batteries for the automotive,
recreational boating, farm, heavy duty truck, electric utility, electric
vehicle, photovoltaic, lift truck, railroad, telecommunications and
uninterruptible power supply markets in more than 50 countries.  GNB
Technologies is wholly owned by Pacific Dunlop Limited of
Melbourne, Australia (PDLPY), which is publicly traded as an ADR on Nasdaq.
GNB can be found on the Internet at http://www.gnb.com .
    Statements in this press announcement, which are not historical facts, are
forward-looking statements that involve certain risks and uncertainties
including, but not limited to risks associated with the uncertainty of future
financial results, acquisition, additional financing requirements, development
of new products and services, the effect of competitive products or pricing,
the effect of economic conditions and other uncertainties detailed in the
Company's filings with the Securities and Exchange Commission.