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Federal-Mogul Appoints G. Michael Lynch Chief Financial Officer

7 June 2000

Federal-Mogul Appoints G. Michael Lynch Chief Financial Officer

    SOUTHFIELD, Mich. - Dick Snell, chairman and chief
executive officer, Federal-Mogul Corporation today announced the
appointment of G. Michael Lynch, to executive vice president and chief
financial officer, effective June 19, 2000.  Lynch had been employed by Dow
Chemical Company as vice president and controller.
    
    Lynch, 57, joined Dow Chemical Company in 1997 after a 29-year career with
Ford Motor Company where his most recent position was controller, automotive
components division, which ultimately became Visteon.  While at Ford, Lynch
held a number of varied financial assignments both domestic and international
including executive vice president and chief financial officer of Ford New
Holland.

    "Mike has a depth of experience and success at two global companies noted
for strong financial management," said Snell.  "Having spent years at Ford,
Mike brings excellent knowledge of our marketplace.  Most notably, he spent
his last three years at Ford serving as primary financial officer of their
consolidating automotive parts division."

    Lynch earned both his Bachelor of Science and Master of Science degrees in
electrical engineering from Cornell University in New York in 1965 and 1966,
respectively.  He also earned a Master of Science degree in Industrial
Administration from Carnegie-Mellon University in Pennsylvania in 1968.

    He replaces Thomas W. Ryan who resigned from the company in March.  Dave
Bozynski, vice president and treasurer, had been serving as the interim chief
financial officer.  "Dave served the company very well in this interim role by
providing excellent leadership and helping us improve our business analysis
capabilities," said Snell.  "With the addition of Mike Lynch, we have an
extremely strong financial team."

    Headquartered in Southfield, Michigan, Federal-Mogul is an automotive
parts manufacturer providing innovative solutions and systems to global
customers in the automotive, light truck, heavy-duty, and farm and industrial
markets.  The company was founded in 1899.