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Borg-Warner Automotive Sells Coleman Cable

4 January 2000

Borg-Warner Automotive Sells Coleman Cable

    CHICAGO, Jan. 4 -- Borg-Warner Automotive, Inc.
announced that, effective December 30, 1999, it completed the sale of Coleman
Cable, a producer of wire and cable for utilities and other industries, to a
group of equity investors including management for an estimated $140,250,000
less debt of approximately $3 million.
    Borg-Warner Automotive acquired Coleman Cable as part of its purchase of
Kuhlman Corporation in March 1999.  BWA announced at that time that it was one
of two businesses that were not strategic and would be sold.
    Chicago-based Borg-Warner Automotive, Inc. is a product leader in highly
engineered components and systems for vehicle powertrain applications
worldwide.  The company operates 60 manufacturing and technical facilities in
13 countries.  Customers include Ford, DaimlerChrysler, General Motors,
Toyota, Caterpillar, Navistar, PSA and VW Group.  The Internet address for
Borg-Warner Automotive is:  http://www.bwauto.com .