American Axle & Manufacturing Announces Change in Board of Directors DETROIT, Dec. 23 /PRNewswire-FirstCall/ -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced that Mr. Robert L. Friedman and Mr. Bret D. Pearlman, representatives from Blackstone Capital Partners II Merchant Banking Fund L.P. and its affiliates (Blackstone), have resigned from the AAM Board of Directors, effective immediately. This is the final step in Blackstone's planned and completed orderly exit strategy of its investment in AAM on December 8, 2003. "I want to thank Bob Friedman, Bret Pearlman and The Blackstone Group for their strong support of AAM over the past six years and wish them good luck on their future endeavors," said American Axle & Manufacturing Co-Founder, Chairman of the Board & CEO Richard E. Dauch. "We are currently evaluating candidates to fill these vacancies on our Board of Directors." AAM is a world leader in the manufacture, engineering, design and validation of driveline systems and related components and modules, chassis systems and forged products for light trucks, sport utility vehicles and passenger cars. In addition to its 14 locations in the United States (in Michigan, New York and Ohio), AAM also has offices and facilities in Brazil, England, Germany, Japan, Mexico and Scotland. For more information: Media relations contact: Investor relations contact: Carrie L.P. Gray Richard F. (Rick) Dauch Director, Corporate Relations Vice President Investor Relations (313) 758-4880 (313) 758-4767 Or visit the AAM website at http://www.aam.com/ DATASOURCE: American Axle & Manufacturing Holdings, Inc. CONTACT: Media relations contact: Carrie L.P. Gray, Director, Corporate Relations, +1-313-758-4880, , or Investor relations contact: Richard F. (Rick) Dauch, Vice President Investor Relations, +1-313-758-4767, , both of American Axle & Manufacturing Holdings, Inc. Web site: http://www.aam.com/ Company News On-Call: http://www.prnewswire.com/comp/033813.html

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