Superior Industries Wins Aluminum Wheel Supply Order From Mitsubishi

1 March 2000

Superior Industries Wins Initial Aluminum Wheel Supply Order From Mitsubishi Motor Manufacturing

    VAN NUYS, Calif.--March 1, 2000--Superior Industries International, Inc. announced today that it has won an initial order for aluminum road wheels from Mitsubishi Motor Manufacturing of America, Inc.
    "We are pleased to welcome Mitsubishi as our newest aluminum wheel customer. Shipments have already begun from Superior's plant in Pittsburg, Kansas to Mitsubishi's facility in Normal, Illinois for two 2001 model year cars, and we are confident that we have the opportunity to earn significant follow-on orders with this important new customer in the years ahead," a Superior spokesman said.
    Noting that Superior also recently added DaimlerChrysler and Rover to its world-class customer base, the spokesman said, "Superior continues to expand its share of the growing aluminum wheel market evidenced by the recent announcements of significant new and replacement OEM aluminum wheel contracts. Our success is a direct result of our many years of on time and on budget production of the highest quality aluminum automotive products. We expect to be just as successful in the emerging market for aluminum suspension and related components, an opportunity that we believe may ultimately rival or even surpass our opportunity in aluminum wheels."
    The spokesman added, "We are expanding several of our existing plants and building a new OEM wheel plant to meet the rising demand in this side of our business. We also are building a new facility dedicated solely to aluminum suspension and related underbody components. These investments underscore Superior's commitment to customer satisfaction."

    About Superior Industries

    Superior supplies aluminum wheels and other aluminum components to Ford, General Motors, DaimlerChrysler, BMW, Volkswagen, Audi, Rover, Toyota, Mazda, Mitsubishi, Nissan and Isuzu.

    The statements contained in this release that are not historical facts may be deemed to constitute forward-looking statements. Actual results might differ materially from those projected in such statements due to a number of risks and uncertainties, including, without limitation, demand and competition for the Company's products, and other risks or uncertainties detailed in the Company's filings with the Securities and Exchange Commission.