HAYZ Hayes Lemmerz International (MM)

NORTHVILLE, Mich., May 18 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (NASDAQ:HAYZ) issued a reminder today that its previously announced rights offering will expire at 5:00 p.m., Eastern Daylight Time, on Monday, May 21, 2007, unless extended. On or about April 23, 2007, the Company distributed to holders of its common stock as of the close of business on April 10, 2007, non-transferable subscription rights to purchase an aggregate of 55,384,615 shares of common stock at a subscription price of $3.25 per share. Each whole subscription right will entitle the holder thereof to purchase one share of common stock at the subscription price of $3.25 per share and carries with it a basic subscription privilege and an over-subscription privilege. The rights offering expires at 5:00 p.m., Eastern Daylight Time, on May 21, 2007, unless extended. If you are a beneficial owner of shares of our common stock whose shares are registered in the name of a broker, custodian bank, or other nominee and wish to participate in the rights offering, you must instruct your broker, custodian bank or other nominee to exercise your rights and deliver all documents and payment on your behalf. Your broker, custodian bank or other nominee will instruct you as to the steps required to exercise your rights and may require you to act before the expiration of the rights offering in order to timely submit payment and other documents on your behalf. Your subscription rights will not be considered exercised unless the subscription agent receives from your broker, custodian, or nominee, as the case may be, all of the required documents and your full subscription price payment before the expiration of the rights offering. Holders of record must complete the appropriate subscription rights certificates and submit them directly to the subscription agent with the proper payment. This press release shall not constitute an offer to sell, nor the solicitation of an offer to buy, any securities, nor shall there be any sale of securities mentioned in this press release 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. The rights offering is being made only by means of a prospectus. Copies of the rights offering materials, including the prospectus, may be obtained from Innisfree M&A Incorporated, the information agent for the rights offering, by calling toll- free at (888) 750-5834. Banks and brokerage firms please call collect at (212) 750-5833 to request copies of the rights offering materials. About Hayes Lemmerz International, Inc. Hayes Lemmerz International, Inc. is a leading global supplier of automotive and commercial highway wheels, brakes and powertrain components. Hayes Lemmerz International, Inc. has 30 facilities and approximately 8,500 employees worldwide. DATASOURCE: Hayes Lemmerz International, Inc. CONTACT: Marika P. Diamond of Hayes Lemmerz International, Inc., +1-734-737-5162 Web site: http://www.hayes-lemmerz.com/

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