HAYZ Hayes Lemmerz International (MM)

Hayes Lemmerz Announces Pricing of Primary Offering of Approximately 6.45 Million Shares and Secondary Offering of 2.0 Million Shares NORTHVILLE, Mich., Feb. 6 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. announced today that its primary offering of approximately 6.45 million shares (plus approximately 1.27 million additional shares to cover underwriters' over-allotments, if any) of its common stock and a secondary offering of 2.0 million shares of its common stock has been priced at $16.25 per share. The Company will use the net proceeds that it will receive in the offering to redeem approximately $85 million aggregate principal amount of its outstanding 10-1/2% Senior Notes due 2010. (Logo: http://www.newscom.com/cgi-bin/prnh/20010522/HLILOGO ) The secondary offering is for shares owned by AP Wheels, LLC, an affiliate of Apollo Management V, L.P. Lehman Brothers and Merrill Lynch & Co. are the managing underwriters and joint bookrunners for the offering and Citigroup Global Markets Inc., Lazard Freres & Co. LLC and UBS Securities LLC will serve as co-managers. The offering is being made by means of a prospectus, copies of which may be obtained from Lehman Brothers Inc. c/o ADP Financial Services, Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, New York, 11717 or by calling (631) 254-7106 or at the Securities and Exchange Commission's website at http://www.sec.gov/ . This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Hayes Lemmerz International, Inc. is a leading global supplier of automotive and commercial highway wheels, brakes, powertrain, suspension, structural and other lightweight components. The Company has 44 plants and approximately 11,000 employees worldwide. http://www.newscom.com/cgi-bin/prnh/20010522/HLILOGO DATASOURCE: Hayes Lemmerz International, Inc. CONTACT: Marika Diamond of Hayes Lemmerz International, Inc., +1-734-737-5162 Web site: http://www.hayes-lemmerz.com/

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