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Saturn Electronics & Engineering, Inc. Announces Filing of Registration Statement

3 April 2000

Saturn Electronics & Engineering, Inc. Announces Filing of Registration Statement

    AUBURN HILLS, Mich., March 30 Saturn Electronics &
Engineering, Inc. (Saturn) announces that it filed a registration statement
with the Securities and Exchange Commission for a proposed public offering of
common stock.  Although terms of the offering were not disclosed, some of the
shares are expected to be sold by Saturn and some of the shares are expected
to be sold by selling shareholders.  The offering will be made through a group
of underwriters managed by Credit Suisse First Boston, Merrill Lynch & Co.,
and Needham & Company, Inc.
    Saturn Electronics & Engineering, Inc. is a provider of electronic
manufacturing services (EMS) to original equipment manufacturers (OEMs) and
their suppliers.  Saturn provides its customers with a full range of services
and manufacturing capabilities through its facilities in North America, Mexico
and Asia.
    A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold, nor may offers to buy be accepted, prior to
the time the registration statement becomes effective.  The press release
shall not constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of these securities in any State in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any State.