Simpson Industries Projected to Win Both the Contested Proxy Proposals

21 April 2000
Simpson Industries Projected to Win Both the Contested Proxy Proposals
    PLYMOUTH, Mich., April 19 Simpson Industries, Inc.
(Nasdaq: SMPS) today announced that the preliminary results received from
their proxy solicitor indicated that a comfortable majority of shareholders
who voted have supported the management on both the contested proxy proposals.
Preliminary tabulation indicates that:

    *  Management nominees appear to have been re-elected by a 3 to 2 margin.
    *  Over 54% of the shares voted to support Simpson management's strategic
       plan and to reject the MMI platform.

    Simpson Industries also reported that more than 80% of the eligible votes
were cast, which indicates substantial shareholder participation.  The final
vote count is expected to be reported on May 2, 2000.
    Simpson Industries supplies powertrain and chassis products to original
equipment manufacturers in the worldwide automotive and medium and heavy duty
diesel engine markets.  Simpson's products are focused in three groups:
noise, vibration and harshness, wheel-end and suspension, and modular engine
assemblies.  Simpson's manufacturing units are located in the United States,
Canada, Mexico, Brazil, England, India, France, Spain and South Korea.
Information about Simpson is available on the Internet at
http://www.simpsonind.com .
    Certain statements in this press release may be "forward-looking
statements" under the Securities Exchange Act of 1934.  Statements regarding
future operating performance, new programs expected to be launched and other
future prospects and developments are based on current expectations and
involve certain risks and uncertainties that could cause the actual results
and developments to differ materially from the forward-looking statements.
Potential risks and uncertainties include such factors as demand for the
Company's products, pricing and other actions taken by the Company.
    To receive a copy of this and other Simpson press releases by fax, please
call Company News-On-Call at 800-758-5804 - extension 107165, or you can
access the information via the Internet at http://www.prnewswire.com