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Faurecia in Line with Its Growth Target First Half 2000: +17.7%

12 July 2000

Faurecia in Line with Its Growth Target First Half 2000: +17.7%

    PARIS - In line with its growth target, Faurecia's first half 2000 
consolidated sales totalled EUR 2,894.3 million, an increase of 17.7% based on a
comparable Group structure.  Favorable exchange rates accounted for 2.8% of the 
increase.

    Sales were boosted by the growth in the number of exhaust systems equipped
with catalytic converters.  Excluding these converters, and at constant
exchange rates, sales expanded by 9.3% in the first half and 4.1% in the
second quarter, compared with the same periods of 1999.

    In euros M            2nd quarter             1st half       For memo 1st
                         compared with          compared with       half 1999
                       the same period*       the same period*      published
                         2000   Variation     2000      Variation
                                2000/1999               2000/1999

    automotive seating  766.1      1.6%      1,555.7       7.3%       1,449.8
    exhaust systems     477.6     36.2%        910.1      38.6%         371.8
    vehicle interior    113.2     10.1%        220.1       8.6%**       202.6
    front-end           101.8     27.4%        208.4      39.7%         149.2
    TOTAL             1,458.7     13.4%      2,894.3      17.7%       2,173.4

    *  including the APAS Group, acquired on December 31, 1999, in both the
       1999 and 2000 figures.
    ** 21.5% excluding the steering wheel business sold in June 1999.

    Automotive seating sales edged up by a modest 1.6% in the second quarter,
due to lower production output in the United Kingdom and the decision by
certain carmakers to postpone the start-up of production of certain new
vehicle models until the second half of 2000.  Total sales growth for the
first six months came to 7.3%, including 1.7% due to favorable exchange rates.
In Europe, sales expanded by 4.8%, helped by the strong performances of French
carmakers.  In North America, new contracts with General Motors and higher
volumes with Ford fuelled a robust 25.3% increase in sales, at constant
exchange rates.

    The exhaust systems business enjoyed strong growth in both Europe and the
United States.  Like-for-like growth, excluding the effect of sales of
catalytic converters, stood at 11.8%, reflecting higher sales by most
carmakers.

    Vehicle interior sales were boosted by the development of the steering
column and instrument panel businesses.

    Front-end sales growth was largely attributable to the contract to equip
the new Audi A6.  Faurecia now supplies front-ends for all Audi models.

    Faurecia is Europe's fifth largest automobile equipment supplier and one
of the leaders worldwide in five major vehicle modules:  seating, cockpits,
door panels, exhaust systems and front-ends.  The Group's 1999 pro forma sales
totalled euro 4.8 billion.  It has operations in 27 countries and employs
35,000 people at 110 sites.  Faurecia is quoted on the Paris Stock Exchange.