The Court's confirmation order is conditioned upon the Company obtaining exit financing. The Company is currently working with a number of potential lenders to structure exit financing of approximately US$100 million. The Company expects to finalize its exit financing and to emerge from Chapter 11 no later than December.

"We appreciate the efforts of our prepetition creditors in reaching agreements that enable us to significantly reduce our debt," said Curtis J. Clawson, Chairman and Chief Executive Officer of the Company. "We also appreciate the cooperation of the PBGC and the representatives of our retirees in reaching agreements that will allow us to substantially reduce our pension and retiree medical obligations in a manner that is fair and equitable to our valued retirees. We worked long and hard to achieve this important balance. We believe that we will emerge from Chapter 11 as a leaner, stronger competitor well positioned to continue our leadership in the global wheel market. Our customers and suppliers will not see any changes in our business following our emergence."

As announced on May 11, 2009, the Company, certain of its U.S. subsidiaries and one (non-operating) international subsidiary filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware. More information on the Company's restructuring is available on the "Restructuring Information" page on the Company's website (www.hayes-lemmerz.com).

About Hayes Lemmerz International, Inc.

Originally founded in 1908, Hayes Lemmerz International, Inc. is a leading worldwide producer of aluminum and steel wheels for passenger cars and light trucks and of steel wheels for commercial trucks and trailers. The Company is also a supplier of automotive powertrain components. The Company has global operations with 23 facilities, including business, sales offices and manufacturing facilities, located in 12 countries around the world. The Company sells products to every major North American, Asian and European manufacturer of passenger cars and light trucks and to commercial highway vehicle customers throughout the world.

Eric Moraw, Hayes Lemmerz International, Inc., +1-888-753-5283, +1-734-737-5679

The Court's confirmation order is conditioned upon the Company obtaining exit financing. The Company is currently working with a number of potential lenders to structure exit financing of approximately US$100 million. The Company expects to finalize its exit financing and to emerge from Chapter 11 no later than December.

"We appreciate the efforts of our prepetition creditors in reaching agreements that enable us to significantly reduce our debt," said Curtis J. Clawson, Chairman and Chief Executive Officer of the Company. "We also appreciate the cooperation of the PBGC and the representatives of our retirees in reaching agreements that will allow us to substantially reduce our pension and retiree medical obligations in a manner that is fair and equitable to our valued retirees. We worked long and hard to achieve this important balance. We believe that we will emerge from Chapter 11 as a leaner, stronger competitor well positioned to continue our leadership in the global wheel market. Our customers and suppliers will not see any changes in our business following our emergence."

As announced on May 11, 2009, the Company, certain of its U.S. subsidiaries and one (non-operating) international subsidiary filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware. More information on the Company's restructuring is available on the "Restructuring Information" page on the Company's website (www.hayes-lemmerz.com).

About Hayes Lemmerz International, Inc.

Originally founded in 1908, Hayes Lemmerz International, Inc. is a leading worldwide producer of aluminum and steel wheels for passenger cars and light trucks and of steel wheels for commercial trucks and trailers. The Company is also a supplier of automotive powertrain components. The Company has global operations with 23 facilities, including business, sales offices and manufacturing facilities, located in 12 countries around the world. The Company sells products to every major North American, Asian and European manufacturer of passenger cars and light trucks and to commercial highway vehicle customers throughout the world.

Eric Moraw, Hayes Lemmerz International, Inc., +1-888-753-5283, +1-734-737-5679

The organization will be aligned into three regions.

The first region is Turkey.

Mustafa Zaim - Managing Director of Turkish Operations will continue in his present role as Managing Director and will also assume the additional responsibilities coordinating Global Materials management as well as act in an Advisory capacity to the EAAP region on operational matters. Zaim will continue to report to Mr. Bentley.

The second region is Europe, Africa and Asia Pacific (EAAP).

Pieter Klinkers - Vice President Sales & Marketing has been promoted to President - Europe, Africa & Asia Pacific.

David Kasul - Managing Director - Brazil has been promoted to Vice President - Operations for Europe and Africa.

Marc Hendrickx will replace Klinkers in the role of Vice President - Sales & Marketing.

The third region is "The Americas" which consists of North America, Mexico and Brazil.

Donald Hampton - Vice President - North American Wheels Group has been promoted to Vice President and General Manager for the Americas.

Luis Blecher - Financial Director - Brazil has been promoted to Managing Director of Brazil to replace David Kasul and will be responsible for all Brazilian operations.

About Hayes Lemmerz International, Inc.

Originally founded in 1908, Hayes Lemmerz International, Inc. is a leading worldwide producer of aluminum and steel wheels for passenger cars and light trucks and of steel wheels for commercial trucks and trailers. The Company is also a supplier of automotive powertrain components. The Company has global operations with 23 facilities, including business, sales offices and manufacturing facilities, located in 12 countries around the world. The Company sells products to every major North American, Asian and European manufacturer of passenger cars and light trucks and to commercial highway vehicle customers throughout the world.

SOURCE Hayes Lemmerz International, Inc.

http://www.hayes-lemmerz.com