Simpson Industries, Inc. Board Authorizes Stock Repurchase Program

21 April 2000
Simpson Industries, Inc. Board Authorizes Stock Repurchase Program
    PLYMOUTH, Mich., April 20 Simpson Industries, Inc.
(Nasdaq: SMPS) announced that the Board of Directors has authorized management
to repurchase up to an aggregate 600,000 shares of the Company's outstanding
common stock for general corporate purposes.  The shares under this
authorization are expected to be acquired by Simpson Industries from time-to-
time, depending upon market conditions and other factors and will be
repurchased on the open market or through private transactions.  The company
also announced that its previous stock repurchase program to buyback 650,000
shares of common stock authorized by the Board in April 1998 was completed
last month.
    "We appreciate the support shown by the shareholders at the Annual Meeting
on April 18," said Roy E. Parrott, Chairman and Chief Executive Officer of
Simpson Industries, Inc.  "We continue our efforts to explore strategic
alternatives and initiatives to enhance shareholder value," he added.
    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 .