Cooper-Standard Automotive Purchases Automotive Components Holdings' Fuel Rail Business

Novi, Mich., April 02, 2007 - Ford Motor Company and Cooper-Standard Automotive today announced completion of Cooper-Standard's purchase of the Automotive Components Holdings' fuel rail manufacturing operations at its El Jarudo, Mexico, plant. Under the sales agreement, Automotive Components Holdings, LLC, transferred ownership of its equity interest in Manufactura El Jarudo, S. de R. L. de C.V. to Cooper-Standard along with related U.S. assets.

The El Jarudo operation is a North American maquiladora plant and producer of automotive fuel rails. The plant employs about 450 people. It is part of Automotive Components Holdings, a Ford-managed temporary company formed in October 2005.

"Closing this transaction is a key step in expanding our ability to provide a broad array of fluid subsystems and modules," said Jim McElya, CEO, Cooper-Standard Automotive. "The El Jarudo facility has excellent quality levels and is a strong addition to our manufacturing footprint and it allows us to now offer fuel rails to our customers."

Automotive Components Holdings produces automotive and architectural glass, and automotive interior, climate, chassis and powertrain components at 10 plants in the U.S. and two in Mexico.


About Cooper-Standard Automotive
Cooper-Standard Automotive Inc., headquartered in Novi, Mich., is a leading global automotive supplier specializing in the manufacture and marketing of systems and components for the automotive industry. Products include body sealing systems, fluid handling systems, and NVH control systems. Cooper-Standard Automotive Inc. employs approximately 19,000 people globally with more than 70 facilities throughout the world. For more information, visit the company's Web site at: www.cooperstandard.com.

Cooper-Standard is a privately-held portfolio company of The Cypress Group and Goldman Sachs Capital Partners Funds.

The Cypress Group is a private equity investment firm managing more than $3.5 billion of capital. Cypress has an extensive track record of making growth-oriented investments in targeted industry sectors and building equity value alongside proven management teams.

Founded in 1869, Goldman Sachs is one of the oldest and largest investment banking firms. Goldman Sachs is also a global leader in private corporate equity and mezzanine investing. Established in 1991, the GS Capital Partners Funds are part of the firm's Principal Investment Area in the Merchant Banking Division. Since 1986, Goldman Sachs' Principal Investment Area has formed 13 investment vehicles aggregating $56 billion of capital to date.