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BorgWarner Declares Quarterly Dividend

21 July 2000

BorgWarner Declares Quarterly Dividend

    CHICAGO - The board of directors of BorgWarner Inc. has declared a quarterly 
dividend of $0.15 per share on all of the company's issued and outstanding 
common stock.  The dividend is payable August 15, 2000 to shareholders of record 
on August 1, 2000.

    Chicago-based BorgWarner is a product leader in highly engineered
components and systems for vehicle powertrain applications worldwide.  The
company operates 60 manufacturing and technical facilities in 13 countries.
Customers include Ford, DaimlerChrysler, General Motors, Toyota, Caterpillar,
Navistar, PSA and VW Group.