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Tower Automotive Announces Dividend

1 September 2000

Tower Automotive Announces Dividend on Trust Convertible Preferred Securities

    GRAND RAPIDS, Mich., Sept. 1 Tower Automotive, Inc. , announced today that a dividend of
$0.84 per share will be paid on the 6 3/4% trust convertible preferred
securities issued by the Tower Automotive Capital Trust.  The dividend will be
payable on September 30, 2000, to stockholders of record on September 15,
2000.  The dividend will be paid on 5,175,000 shares outstanding.