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TRW Automotive Launches Rack Drive Electrically Powered Steering for Ford Motor Company Passenger Cars

Nov 19, 2008

LIVONIA, Mich., Nov. 19 /PRNewswire-FirstCall/ -- TRW Automotive Holdings Corp. (NYSE: TRW) today announced the launch of its Electrically Powered Steering (EPS) Rack Drive system with Ford Motor Company for the 2010 Ford Fusion and Mercury Milan.

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"Launching Rack Drive steering on Ford Motor Company's flagship passenger car models is a milestone for both companies," said Peter Lake, executive vice president, sales and business development for TRW Automotive. "Electric steering is among the technologies with the greatest potential to increase fuel efficiency, reduce CO2 emissions and enable further integration with other electronically controlled systems to enhance safety and comfort."

Rack Drive steering technology, also referred to as 'EPS Belt Drive', brings the fuel efficiency and carbon dioxide reduction benefits of an electric steering system to higher rack load vehicles as compared to TRW's current Column Drive EPS system, already launched on more than 30 vehicle models. As with all TRW electromechanical steering systems, the Rack Drive system only consumes noticeable power when steering assist is needed. The energy consumption of an EPS system is typically less than seven percent of a conventional hydraulic rack and pinion power steering system, thereby providing considerable fuel consumption benefits. CO2 emissions can also be reduced by up to 3.5%.

TRW's EPS Rack Drive system can provide premium performance across a wide range of vehicle platforms with rack assist forces of up to 12 kilonewtons (kN). Power assist is applied directly to the rack allowing for a smooth, responsive, low-inertia, low-friction steering system with direct steering feel.

The Rack Drive EPS system can be programmed with steering assist functions in line with vehicle manufacturer's requirements -- options include speed sensitive steering, positive and responsive on-center steering feel and the possibility to fine-tune the steering characteristics to the vehicle's target market. The system also offers the opportunity to integrate with other vehicle systems such as electronic or roll stability control and Driver Assist System (DAS) features. These features typically include safety related support functions but can also encompass comfort functions such as semi automated parallel parking.

"This has been a great opportunity to work closely with our Ford engineering counterparts to bring a state-of-the-art technology to the market, that provides such a significant customer value" said Frank Lubischer, vice president of engineering, TRW steering & suspension. "The product is delivered as a fully tested, ready-to-install steering system, eliminating conventional mechanical and hydraulic components such as the steering pump, pulley, belt, reservoir and hydraulic lines. Rack Drive EPS adds another exciting product to our safety and chassis-controls roadmap, that couldn't come at a better time, considering the dramatic shift in fuel-economy and safety demands in the industry."

About TRW

With 2007 sales of $14.7 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 27 countries and employs approximately 66,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at .

Forward-Looking Statements

This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which can cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Report on Form 10-K for the fiscal year ended December 31, 2007 (our "Form 10-K") and in our Reports on Form 10-Q for the quarters ended March 28, 2008, June 27, 2008 and September 26, 2008, such as: disruptions in the financial markets adversely impacting the availability and cost of credit could negatively affect our business; loss of market share, production cuts and capacity reductions by domestic North American vehicle manufacturers and a market shift in vehicle mix in North America and resulting restructuring initiatives, including bankruptcy actions, of our suppliers and customers; sharply increasing commodity inflationary pressures adversely affecting our profitability and supply base, including any resulting inability of our suppliers to perform as we expect; escalating pricing pressures from our customers; our dependence on our largest customers; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; our substantial debt and resulting vulnerability to an economic or industry downturn and to rising interest rates; cyclicality of automotive production and sales; risks associated with non-U.S. operations, including economic uncertainty in some regions; contraction in consumer spending, a market shift in vehicle mix and production cuts in Europe; product liability, warranty and recall claims and efforts by customers to alter terms and conditions concerning warranty and recall participation; work stoppages or other labor issues at our facilities or at the facilities of our customers or suppliers; assertions by or against us relating to intellectual property rights; the possibility that our largest shareholder's interests will conflict with ours; and other risks and uncertainties set forth in our Form 10-K and in our other filings with the Securities and Exchange Commission. We do not undertake any obligation to release publicly any revision to any of these forward-looking statements.

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SOURCE: TRW Automotive Holdings Corp.

CONTACT: John Wilkerson of TRW Automotive-North America,
+1-734-855-3864, or Lynette Jackson of TRW Automotive-Europe,

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