Metaldyne Corporation Announces the Completion of Its Offering Of Senior Notes Due 2013 PLYMOUTH, Mich., Oct. 27 /PRNewswire/ -- Metaldyne Corporation announced the completion of its offering of $150.0 million of senior notes due 2013, which is an increase in the size of the offering announced on October 14, 2003. The senior notes will be guaranteed on a senior basis by each of Metaldyne Corporation's domestic subsidiaries that is a guarantor or direct borrower under their credit facility. The net proceeds from the senior notes offering will be used to repay the balance of $98.5 million aggregate principal amount of Metaldyne's outstanding 4.5% subordinated debentures due 2003 and to repay approximately $46.6 million of term loan debt under the credit facility. The senior notes were offered in a private offering to qualified institutional buyers under Rule 144A and to persons outside the United States under Regulation S. The senior notes will not be registered under the Securities Act of 1933, as amended, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of the senior notes in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. About Metaldyne Metaldyne is a leading global designer and supplier of metal-based components, assemblies and modules for transportation-related powertrain and chassis applications including engine, transmission/transfer case, wheel-end and suspension, axle and driveline, and noise and vibration control products to the motor vehicle industry. The company serves the automotive segment through its Chassis, Driveline & Transmission, and Engine Group. Headquartered in Plymouth, Mich., Metaldyne has annual revenues of $1.5 billion. The company employs over 7,250 employees at over 50 facilities in 11 countries. For more information, please visit http://www.metaldyne.com/ . Forward-Looking Statements This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results because of certain risks and uncertainties, including but not limited to general economic conditions in the markets in which Metaldyne operates, declines in North American automobile and light truck builds, reductions in outsourcing by our automotive customers, increases in our raw material and energy costs, labor costs and strikes at our major direct and indirect customers and at our facilities, dependence on significant automotive customers, the level of competition in the automotive supply industry and pricing pressures from our customers, technological developments that could competitively disadvantage us, and risks associated with conducting business in foreign countries. DATASOURCE: Metaldyne Corporation CONTACT: Kurt Ruecke, Director of Corporate Communications of Metaldyne, +1-734-354-4020 Web site: http://www.metaldyne.com/

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