Federal-Mogul Corporation Announces 2008 Second Quarter Results Conference Call and Web Cast

Federal-Mogul Corporation (Nasdaq: FDML) announced today it will hold a conference call and web cast on Thursday, July 24, 2008 at 9:00 a.m. EDT, to review the Company's second quarter 2008 financial results.

    To participate in the call:
    Domestic calls:  888-713-4215
    International calls:  617-213-4867

    Pass code I.D. - 58311916

To facilitate rapid connection on morning of the call, please use the pre-registration link at https://www.theconferencingservice.com/prereg/key.process?key=PJDBHGLL8 . The live audio web cast is also available in the Investor Relations section of the corporate Web site at

http://www.federalmogul.com/en/Investors/ .

An audio replay of the call will be available beginning two hours following the call and will be accessible until August 7, 2008 at:

    Domestic calls:  888-286-8010
    International calls:  617-801-6888
    Pass code I.D. - 35689660

The second quarter press release can be downloaded at http://www.federalmogul.com/en/Investors/, on July 24, 2008 at 8:00 a.m.

    Investor Relations Contact:   David Pouliot
                                  (248) 354-7967
                                  David.Pouliot@federalmogul.com

About Federal-Mogul

Federal-Mogul Corporation is a leading global supplier of powertrain and safety technologies, serving the world's foremost original equipment manufacturers of automotive, light commercial, heavy-duty, agricultural, marine, rail, off-road and industrial vehicles, as well as the worldwide aftermarket. The company's leading technology and innovation, lean manufacturing expertise, as well as marketing and distribution deliver world-class products, brands and services with quality excellence at a competitive cost. Federal-Mogul is focused on its global profitable growth strategy, creating value and satisfaction for its customers, shareholders and employees. Federal-Mogul was founded in Detroit in 1899. The company is headquartered in Southfield, Michigan, and employs 50,000 people in 35 countries.

Forward-Looking Statements

Statements contained in this press release, which are not historical fact, constitute "Forward-Looking Statements." Actual results may differ materially due to numerous important factors that are described in Federal-Mogul's most recent report to the SEC on Form 10-K, which may be revised or supplemented in subsequent reports to the SEC on Forms 10-Q and 8-K. Such factors include, among others, the cost and timing of implementing restructuring actions, the Company's ability to generate cost savings or manufacturing efficiencies to offset or exceed contractually or competitively required price reductions or price reductions to obtain new business, conditions in the automotive industry, and certain global and regional economic conditions. Federal-Mogul does not intend or assume any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

CONTACT: Paula Silver - 248-354-4530

              Jennifer Rass - 248-354-7502

SOURCE Federal-Mogul Corporation

http://www.federal-mogul.com

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