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Simpson Industries Reports Second Half 2000 Outlook

4 September 2000

Simpson Industries Reports Second Half 2000 Outlook

    PLYMOUTH, Mich., Sept. 1 Simpson Industries, Inc.
today reported that a larger than anticipated drop in heavy-
duty volumes, further weakening of the Euro and increased product launch
activities will have an unfavorable impact on the company's earnings.
    These factors are expected to reduce earnings by approximately $0.10 to
$0.12 per share in the second half of 2000.  Full year 2000 diluted earnings
per share are now projected in the range of $1.03 to $1.05.