Standard Car Truck Company and Cooper Standard Sign Collaborative Agreement

Park Ridge Illinois, June 06, 2005 - Standard Car Truck Company and Cooper Standard, both leaders in technology and innovative product design, have signed a collaborative agreement to design and manufacture dynamic control parts for freight cars.

This collaboration brings together Standard Car Truck's vast experience in the rail industry and Cooper Standard's 40-plus years of vibration control design and manufacturing experience. "We are excited about the formation of this business relationship with Cooper Standard," said Rick Mathes, chairman, Standard Car Truck Company. "Our collective goal is to provide the global freight car community innovative products that add to the safety and productivity of our customer base."

"Cooper Standard is also pleased to join in this partnership with Standard Car Truck," commented Paul Gilbert, president, Cooper Standard Global NVH Control Systems Division. "We value the depth of knowledge Standard Car Truck brings to the market and we look forward to growing our relationship," Gilbert said.


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.