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Continental Recognized by Ford as Key Supplier

3 April 2000

Continental Recognized by Ford as Key Supplier

    AUBURN HILLS, Mich., March 31 This week Ford Motor Company
presented Continental with three World Excellence Awards in recognition of its
role in helping Ford achieve its success in 1999.  Continental received the
most in the category that recognizes impact on customer satisfaction by
leading key Ford initiatives.
    Continental earned World Excellence Awards for consumer focused
technology, high mileage improvement and warranty reduction program.  The
warranty reduction efforts resulted in significant cost savings that Ford
shared with Continental.
    "We continually look for ways to provide our customers with the best in
automotive safety and comfort technologies and systems," stated Bill Kozyra,
president, Continental Teves N.A.  "It is an honor to be recognized by one of
our largest customers world wide and we are committed to helping our customers
keep and expand their customer base by creating superior products and standing
behind them with best-in-class warranties."
    The World Excellence Award provides annual recognition to suppliers based
on quality, cost and delivery metrics that were jointly developed by Ford and
its suppliers.
    Continental Teves, headquartered in Frankfurt/Main, Germany, is a unit of
Continental AG, Hannover, Germany.  With 1999 sales of US $9.7 billion,
Continental Teves is a world leader in the design, development and supply of
critical brake and chassis stability systems that contribute to driving safety
and comfort.  The company's North American headquarters is located in Auburn
Hills, Mich.  Visit Continental Teves North American on-line at
http://www.contitevesna.com