FEDERAL-MOGUL'S NEW EUROPEAN STRUCTURE STRENGTHENS CUSTOMER FOCUS

FEDERAL-MOGUL'S NEW EUROPEAN STRUCTURE STRENGTHENS CUSTOMER FOCUS Southfield, Michigan - Gordon A. Ulsh, president and chief operating officer, Federal-Mogul Corporation (NYSE: FMO), announces a new operating structure for Europe appointing Wilhelm A. Schmelzer, 58, executive vice president, Europe, effective immediately. Schmelzer will be responsible for all manufacturing and distribution operations, and all sales and marketing activities in Europe and Africa for both original equipment and aftermarket customer channels. While these units benefit from strategy, engineering and technology development lead by the Southfield, Michigan based Powertrain Systems, Sealing Systems and General Products operating executives, the Europe-based functions report directly to Schmelzer. ''Through acquisitions in the past 15-months, we have developed an impressive product portfolio for our customers in Europe. Uniting these operations under the proven leadership of Willi strengthens our commercial advantage,'' said Ulsh. ''The power to partner with our customers grows significantly as we unite our offerings into one value-added presence.'' In conjunction with this appointment, Ulsh announces the expansion of Rick Streicher's role with Sealing Systems. Streicher, 52, is appointed vice president, Sealing Systems, replacing Schmelzer as the leader of Sealing Systems. He gains responsibility for the group's strategic planning, global engineering and manufacturing processes. He will continue to be responsible for the gasket and seal operations in North America and Asia, adding South America. ''Rick is an impressive leader who is committed to achieve operational excellence and zero defects,'' said Ulsh. ''I'm very proud to have our Sealing Systems business under Rick's leadership.'' This move is accompanied by a realignment of product lines operating under Federal-Mogul's three operating groups. Camshafts and sintered products, once part of General Products, now are aligned under Powertrain Systems. Wiper products, once part of Sealing Systems, now are aligned under General Products. ''The realignment in Powertrain Systems supports the growth of our cylinder head assembly as a module, along with our power cylinder system, making it easier for customer contact and development with us,'' said Ulsh. ''In General Products, the combination of wipers together with our lighting products allow us a combined visibility product offering that offers added value to our customers.'' ::Wilhelm A. Schmelzer, Executive Vice President - Europe Wilhelm A. Schmelzer has been appointed executive vice president - Europe, reporting to Ulsh. Prior to this promotion, Schmelzer, was executive vice president - Sealing Systems, since February 1998, responsible for global operations for gaskets and seals for both original equipment and aftermarket customers. He served as vice president and group executive, responsible for Federal- Mogul's engine and transmission products worldwide since 1995. In addition, in 1997 he assumed responsibility for Federal-Mogul's aftermarket operations in Europe. He has also served in several key international and domestic accounting and finance positions. In January 1992, he was named vice president and group executive, engine and transmission products- Europe. Schmelzer joined the company in 1969 as an accounting trainee. Schmelzer earned a degree in accounting and finance as a ''Diplom Betribswirt'' from the Fachhochschule in Cologne, Germany. He also attended Albion College in Albion, Michigan, as a fellow of the Carl Duisberg Foundation. While attending Albion, he participated in an international work- study program, majoring in economics. ::Rick Streicher, Vice President - Sealing Systems Rick Streicher has been appointed vice president, Sealing Systems, reporting to Ulsh. Prior to this expanded role, Streicher was vice president, Sealing Systems - North America, since March 1998, responsible for the gasket and seal operations in North America for original equipment and aftermarket customers, in addition to business activities in Japan. Prior to this appointment, he was executive vice president, technology and operations at Fel-pro. Streicher joined Fel-Pro in 1992 as vice president of operations and since then has assumed additional responsibilities for distribution, development and applications engineering. Before joining Fel- Pro, Streicher held senior management positions in manufacturing operations at various companies including ITT and Consolidated Aluminum (U.S. subsidiary of Swiss Aluminum). Streicher earned a Master of Business Administration degree from the University of Chicago and a Bachelor of Science degree in industrial engineering from the University of Illinois. :: Powertrain Systems The product portfolio of Powertrain Systems includes: power cylinder systems (rod bearings, connecting rods, pistons, piston pins, piston rings, and piston liners), camshafts, sintered products (valve seats and valve guides), valves, spark plugs, ignition wires and cables, ignition coils and ceramic insulators. :: Sealing Systems The product portfolio of Sealing Systems includes: total engine sealing, total transmission sealing, total axle sealing, cylinder head gaskets, ancillary gaskets, dynamic seals, bonded pistons, heat shields and noise and vibration sealing systems. :: General Products The product portfolio of General Products includes: brake and friction products, chassis products, driveline products, lighting products, wiper products, fuel system components, and systems protection products. Headquartered in Southfield, Michigan, Federal-Mogul is an automotive parts manufacturer providing innovative solutions and systems to global customers in the automotive, light truck, heavy-duty, railroad, farm and industrial markets. The company was founded in 1899. Visit the company's web site at http://www.federal-mogul.com for more information. Federal-Mogul's press releases are available by fax through Company News On-Call, call 800-758-5804, ext. 306225. Contact: Kimberly A. Welch of Federal-Mogul, Tel +1 248-354-1916, Company News On-Call http://www.prnewswire.com/comp/306225.html or fax +1 800-758-5804 ext. 306225, Web site: http://www.federal-mogul.com/

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