---

LDM Technologies Announces First Quarter Earnings

3 February 2000

LDM Technologies Announces First Quarter Earnings

    AUBURN HILLS, Mich., Feb. 2 -- LDM Technologies, Inc. reports
net sales for its first quarter ended December 19, 1999 (first quarter 2000)
were $125.4 million, a decrease of $12.7 million, or 9.2%, from the first
quarter of FY 1999.  First quarter 2000 net sales were comprised of $118.9
million of automotive product sales and $6.5 million of mold sales.  The
decline in net sales was partially due to the sale of the Company's
blowmolding business.  The Company also closed first quarter 2000 one week
early to prepare for Y2K issues.  If the early closing had not occurred, net
sales would have been approximately $7 million higher in first quarter 2000.
    Operating profit was $7.6 million, or 6.1% of net sales, for the first
quarter 2000 compared to $9.4 million, or 6.8% of net sales, for the same
period in 1999.  The decrease was due to excluding a week of sales to prepare
for Y2K issues as discussed above.
    Interest expense was $4.7 million for the first quarter 2000 compared to
$5.4 million for the first quarter 1999.  The decrease is due to debt
repayments made over the last twelve months.
    Net income for the first quarter 2000 was $1.3 million, or 1.0% of net
sales compared to $1.7 million, or 1.2% of net sales, in the first quarter
1999.
    EBITDA for the first quarter 2000 was $13.4 million compared to
$14.5 million for the first quarter 1999.
    The decrease in net income and EBITDA was due to excluding one week of
sales in first quarter 2000 to prepare for Y2K issues as previously mentioned.