$1.5 million Settlement

$1.5 million Settlement

January 24, 2005

$1.5 million Settlement in Securities Fraud Class Action for Loss of Investment Value

Securities Matter Nets $1.5M Settlement Class Action Alleged Loss Of Investment Value

Type of action: Securities fraud class action

Type of injuries: Loss of investment value Name of case: In re Federal Mogul Securities Litigation

Court/case no./date: U.S. District Court; Eastern District of Michigan; #00-40222; Jan. 12, 2004

Name of judge: Paul Gadola

Settlement amount: $1.5 million

Attorneys for the plaintiff: E. Powell Miller, Marc L. Newman, Richard H. Weiss, James Tullman and Mark Levine Attorney for the defendant: Withheld

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