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Safety Components Announces Engagement of Banc of America Securities LLC

13 December 1999

Safety Components Announces Engagement of Banc of America Securities LLC

    GREENVILLE, S.C., Dec. 10 -- Safety Components International,
Inc. , one of the world's leading manufacturers of automotive
airbag fabric and cushions, announced today that it has retained Banc of
America Securities LLC as its financial advisor.  The Company said that, under
this engagement, BAS will assist the Company in evaluating financial
alternatives intended to reduce the Company's financing costs and improve its
liquidity. The Company said these alternatives may include, but are not
limited to, a refinancing of outstanding indebtedness or recapitalization or
restructuring of the Company's balance sheet.  Mr. Robert A. Zummo, Chairman
and Chief Executive Officer of the Company, stated "I am confident that the
successful consummation of this strategy will enhance our ability to pursue
opportunities to grow our business and to improve our profitability."
    This release contains forward-looking statements.  There are certain
important factors that could cause results to materially differ from those
anticipated from the statements above.  Those factors include, but are not
limited to:  dependence of revenues upon several major module suppliers;
worldwide economic conditions; the results of cost-savings programs being
implemented; adequacy of capital; qualification of awarded programs; domestic
and international automotive industry trends; pricing pressures; the ability
to successfully identify strategic alternatives for the Company's non core
operations; and the ability to satisfy the Company's customers on timeliness
and quality.  Additional information on these and other factors that could
potentially affect the Company's financial results may be found in the
Company's filings with the Securities and Exchange Commission.

    Safety Components International, Inc. is a leading, low-cost supplier of
automotive airbag fabric and cushions with operations in North America and
Europe.  The Company is also a leading manufacturer of value-added synthetic
fabrics used in a variety of niche industrial and commercial applications.  In
addition, Safety Components supplies airbag components to its airbag customers
utilizing its machining and stamping capabilities gained from years of
experience as a military ordnance manufacturer and continues as a systems
integrator and manufacturer for ordnance programs.