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Simpson Industries, Inc. Announces Quarterly Dividend

23 August 2000

Simpson Industries, Inc. Announces Quarterly Dividend 
    PLYMOUTH, Mich., Aug. 23 Simpson Industries, Inc.
announces that its Board of Directors declared a quarterly
dividend in the amount of $.10 per share.  The dividend is payable
September 28, 2000 to shareholders of record on September 7, 2000.