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Dura Automotive Systems, Inc., Announces Dividend on Trust Preferred Securities

1 September 1999

Dura Automotive Systems, Inc., Announces Dividend on Trust Preferred Securities

    MINNEAPOLIS, Sept. 1 -- Dura Automotive Systems, Inc.
, announced today that a quarterly dividend of $0.47 per share
will be paid on the 7 1/2% convertible trust preferred securities issued by
the Dura Automotive Capital Trust.  The dividend will be payable on
September 30, 1999, to stockholders of record on September 15, 1999.  The
dividend will be paid on 2,210,000 shares outstanding.  The convertible trust
preferred securities are traded on the Nasdaq National Market under the symbol
DRRAP.
    Dura Automotive Systems, Inc., is the world's largest independent designer
and manufacturer of driver control systems and a leading global supplier of
door systems, window systems and engineered mechanical components for the
global automotive industry.  The company is also a leading supplier of similar
products to the North American recreational vehicle, mass transit and heavy
truck market.  The company's products include door modules, parking brake
systems, automotive cables, transmission shifter systems, encapsulated and
sliding windows, window regulators, hinges, latches, seating systems, engine
control products, underbody tire carriers, jacks, brake, clutch and
accelerator pedals and other mechanical assemblies.  The company's products
are sold to every North American, European and Japanese original equipment
manufacturers, including Ford, GM, DaimlerChrysler, Volkswagen, BMW, Toyota,
Honda, Nissan, PSA (Peugeot and Citroen) and Renault.