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Newsroom Lear Employees Raise $430,000 For Tsunami Relief

Southfield, Mich. February 7, 2005 – Lear Corporation [NYSE:LEA] today announced a total of $430,000 in financial support has been sent to the American Red Cross to support victims of the Asian tsunamis including $215,000 contributed by Lear employees worldwide during the month of January, as well as a 100% match by the company.

The human devastation of the Indian Ocean tsunami prompted within Lear a desire to do something as a team, resulting in the decision to create a philanthropic match to employees' donations to tsunami relief in the month of January. The donations came from Lear employees around the world.

“Every year, our employees demonstrate their devotion to the communities in which we work and live by giving generously to the annual United Way campaign and various other charitable causes, but in this instance, the response from our people was overwhelming, said Bob Rossiter, Lear Chairman and Chief Executive Officer. “I am proud of the spirit of the entire Lear team, especially when it comes to helping others.

Lear Corporation, a Fortune 500 company headquartered in Southfield, Mich., USA, focuses on integrating complete automotive interiors, including seat systems, interior trim and electrical systems. With annual net sales of $17 billion in 2004, Lear is one of the world's largest automotive interior systems suppliers. The company's world-class products are designed, engineered and manufactured by more than 110,000 employees in 34 countries. Further information about Lear and its products is available on the internet at

Posted on 2/7/2005

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