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Lund International Holdings, Inc. Reduces Workforce

13 August 1999

Lund International Holdings, Inc. Reduces Workforce

    ANOKA, Minn., Aug. 12 -- Lund International Holdings, Inc.
intends to reduce its workforce throughout its Light Truck
Accessories Division by thirty-five people in various administrative and
supervisory positions. The reduction impacts operations in Anoka, Minn.; Howe,
Ind.; Longmont, Colo.; and Corona, Calif. In addition, fifteen people
temporarily employed to facilitate the consolidation of the Division's
Indianola, Iowa warehouse into the Anoka operation are being released.
    The elimination of these positions will occur throughout August and should
contribute to improved financial results towards the end of the third quarter.
On an annual basis, the workforce reduction is expected to contribute
approximately $2,000,000 per year to improved profitability.
    Although market demand for automotive accessories has continued strong,
the financial turnaround in the Light Truck Accessories Division has not yet
met management's expectations. In addition to the workforce reduction, Light
Truck Accessories continues to focus on improved customer service and
additional realignment of its cost structure to further improve its
performance.
    Based in Anoka, Minn., Lund International Holdings is a leading designer,
manufacturer and marketer of a broad line of automotive accessories.
    Statements in this press release relating to future financial results,
company operations, trends and market analyses, among others, are forward-
looking statements made under the Private Securities Litigation Reform Act of
1995.  These statements involve risks and uncertainties which could cause
results of operations to differ materially from those anticipated.  Among the
factors that could cause results of operations to differ materially are the
following:  inability to obtain expected efficiencies or cost reductions, or
to obtain them in a timely manner; consumer preference changes; risks of
expansion into new distribution channels; delays in designing, developing,
testing, or shipping of products; increased competition; general economic
developments and trends; developments and trends in the light truck and
automotive accessory market; sales of heavy trucks, which are cyclical; the
timely development and introduction of competitive new products by the Company
and acceptance of those new products; and increased costs.  This is not an
exhaustive list and the Company may supplement this list in future filings or
releases or in connection with the making of forward-looking statements.