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Lear Announces Exchange Offer For 7.96% Senior Notes Due 2005

16 December 1999

Lear Corporation Announces Exchange Offer For 7.96% Senior Notes Due 2005 and 8.11% Senior Notes Due 2009
    SOUTHFIELD, Mich., Dec. 16 -- Lear Corporation
announced today that it is has commenced an exchange offer for all of its
outstanding 7.96% Senior Notes due 2005 and 8.11% Senior Notes due 2009.  Lear
is offering to exchange up to $600,000,000 aggregate principal amount of its
7.96% Series B Senior Notes due 2005 which have been registered under the
Securities Act of 1933, as amended, for a like principal amount of its
original unregistered 7.96% Senior Notes due 2005 and up to $800,000,000
aggregate principal amount of its 8.11% Series B Senior Notes due 2009 which
have been registered under the Securities Act of 1933, as amended, for a like
aggregate principal amount of its original unregistered 8.11% Senior Notes due
2009.  The terms of the exchange securities are identical in all respects to
the terms of the original securities for which they are being exchanged,
except that the registration rights and related liquidated damages provisions,
and the transfer restrictions, applicable to the original securities are not
applicable to the exchange securities.
    Lear will accept for exchange any and all original securities validly
tendered on or prior to 5 p.m., New York City time, on the date the exchange
offer expires, which will be January 17, 2000, unless the exchange offer is
extended by Lear.
    The exchange offer is made only pursuant to Lear's prospectus, dated
December 15, 1999, which has been filed with the Securities and Exchange
Commission as part of Lear's Registration Statement on Form S-4.  The
Registration Statement was declared effective by the Securities and Exchange
Commission on December 15, 1999.
    Copies of the prospectus and transmittal materials governing the exchange
offer may be obtained from the Exchange Agent, The Bank of New York, at the
following address:
                             The Bank of New York
                              101 Barclay Street
                           New York, New York 10286
                         Attention: Tolutope Adeyujo
                            Reorganization Section
                                 212-815-2824