South Australian Manufacturing Plant to Close

Novi, Mich., July 17, 2008 - Cooper-Standard Automotive announced that it intends to close its automotive fluid systems manufacturing plant at Woodville North (Adelaide) and cease production in South Australia.

In a separate move, Tecalemit, a division of Cooper-Standard Automotive at Woodville North, will be sold. Tecalemit distributes garage equipment and fluid handling equipment for the automotive industry and designs and manufactures industrial lubrication systems for the mining industry.

The General Manager of Cooper-Standard's fluid systems division at Woodville North, John Thomas, said the announcement was being made months in advance of the closure to give as much notice as possible to employees, customers and suppliers.

"We met today with all employees to brief them, thank them for their loyalty and work over many years and to assure them that they will be treated fairly in this closure process."

"The closure is an inevitable response to changes in market demand that have resulted in our sales and margins deteriorating and reduced customer demand, so, to that end we have decided to cease production at the Woodville North plant."

"I am saddened that we must close a plant that has a loyal workforce and a long history here at the Woodville North site," Mr Thomas said.

The fluid systems plant employs 136 people, many of whom have worked at Woodville North for decades and all of whom will receive their full entitlements in accordance with the Cooper-Standard Union Collective Agreement. The company will also offer support to employees in seeking new jobs.

Mr Thomas said Cooper-Standard, with the cooperation of its employees, customers and suppliers, intends to progressively exit production of automotive fluid system products at the Woodville North plant over the coming months.


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 employs approximately 19,000 people globally with more than 70 facilities throughout the world. For more information, visit the company's website at www.cooperstandard.com.