HAYZ Hayes Lemmerz International (MM)

NORTHVILLE, Mich., Nov. 14 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (NASDAQ:HAYZ) today announced that it has closed on the sale of its Commercial Highway Hub and Drum business to Precision Partners Holding Company, which was previously announced on October 20, 2005. The Hub and Drum business includes the Company's operations in Berea, Kentucky, Chattanooga, Tennessee and in Mexico City, Mexico. This transaction does not include the Company's Automotive Brake Business that manufactures brake components for the passenger car and light truck market. Net proceeds from the sale will be used to reduce the principal amount of Hayes Lemmerz' Term B loan and a portion will be used to provide the Company with additional liquidity. Hayes Lemmerz International, Inc. is a leading global supplier of automotive and commercial highway wheels, brakes, powertrain, suspension, structural and other lightweight components. The Company has 36 facilities and over 10,000 employees worldwide. This press release includes forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, which represent the Company's expectations and beliefs concerning future events that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. All statements other than statements of historical facts included in this release are forward looking statements. Factors that could cause actual results to differ materially from those expressed or implied in such forward looking statements include the factors set forth in our periodic reports filed with the SEC. Consequently, all of the forward looking statements made in this press release are qualified by these and other factors, risks, and uncertainties. DATASOURCE: Hayes Lemmerz International, Inc. CONTACT: Marika P. Diamond, Hayes Lemmerz International, Inc., +1-734-737-5162

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