Lear Corporation Selected by IndustryWeek Magazine As

One of the World's 100 Best-Managed Companies SOUTHFIELD, Mich. (PROTEXT) - Lear Corporation (NYSE: LEA) ison the fourth annual list of IndustryWeek's 100 Best-ManagedCompanies. Chosen by editors at IndustryWeek (IW) Magazine, thelist includes the world's 100 best managed companies. The reportappears in the today's issue of IndustryWeek. Candidates for IndustryWeek's 100 Best-Managed Companies wereculled from the IndustryWeek 1000, a list of the world's largestpublicly held manufacturing companies based on revenues. Waltham,Mass.-based Primark supplied the data for the IW 1000, which waspublished in June. Each company was selected after a lengthy evaluation thatincluded the following four steps: analysis of the company'sfinancial performance; review of a questionnaire that each IW1000 company was given an opportunity to complete; research intoeach company's practices in areas such as philanthropy andsafety; and voting by a panel of more than 100 business leaders,analysts, and academicians. "The Lear organization is honored by this recognition. Theentire Lear team is responsible for the success Lear hasachieved," said Kenneth L. Way, Lear Chairman and Chief ExecutiveOfficer. "While we're pleased with our selection by IndustryWeek,we know that the competitive global business climate requiresthat we work even harder to ensure that Lear remains a well-managed company capable of competing into the next century." "IndustryWeek's 100 Best-Managed Companies demonstratesuperior, consistent financial performance," says John Brandt,editor-in-chief of IW. "We also honor these companies forinvesting heavily in such areas as research and development, newmarkets, employees and society." Fourteen countries are represented on this year's list: theUnited States (69 companies), the United Kingdom (7), Japan (5),Germany (4), Switzerland (3), Finland (2), Mexico (2), India (2),Ireland (1), Denmark (1), Canada (1), France (1), Singapore (1),and the Netherlands (1). IndustryWeek's 100 Best-Managed Companies will be recognizedat the 100 Best-Managed Companies Awards Celebration andExecutive Summit at the Loews Ventana Canyon Resort in Tucson,Arizona, on February 28 - March 1, 2000. Lear Corporation, a Fortune 200 company headquartered inSouthfield, Michigan, is one of the world's largest automotivesuppliers, with 1998 proforma sales of more than $12 billion. Thecompany's world-class products are designed, engineered andmanufactured by more than 100,000 employees in over 300facilities located in 33 countries. Information about Lear andits products is available on the Internet at http://www.lear.com Now in its 30th year, IndustryWeek Magazine serves seniorexecutives and decision-makers in manufacturing and itssupporting industries. The magazine, which has more than 800,000readers worldwide, is published by Penton Media, Inc. (NYSE:PME), a diversified business media company that publishesmagazines and electronic information products, produces tradeshows and conferences, and provides marketing and businessdevelopment products and services, including direct mail lists,research, and customer publishing. Copies of IW can be orderedthrough its customer sales and service department at (USA) 800-326-4146. ots Original Text Service: Lear Corporation Internet:http://www.newsaktuell.de Contact: Karen Stewart Director -Corporate Communications of Lear 248-447-1651 or John R.Brandt Editor-in-Chief of IndustryWeek Tel.: (USA) 216-931-9443or jbrandt@industryweek.com Company News On-Call:http://www.prnewswire.com/comp/518304.html or fax: (USA) 800-758-5804 ext. 518304 Web site: http://www.lear.com

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