American Axle & Manufacturing Awarded New Driveline System Production Contract DETROIT, April 7 /PRNewswire-FirstCall/ -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, announced today that it has been selected as the driveline system and module supplier for a 2008 model year North American vehicle program. AAM will be the sole source, exclusive supplier and systems integrator for all of the driveline components, systems, modules and forged products for the new off-road adventure sport enthusiast vehicle. The contract is valued at $100 million per year based on current customer design direction. "We are extremely pleased to have been sourced this important new vehicle program which recognizes our unmatched capabilities in designing premier driveline and chassis systems," said AAM Co-Founder, Chairman & CEO Richard E. Dauch. "This new program expands AAM's book of business through 2014." American Axle & Manufacturing is a world leader in the manufacture, design, engineering, and validation of driveline systems and related components and modules, chassis systems and forged products for 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. Certain statements contained in this press release which are not historical facts contain forward-looking information with respect to the Company's plans, projections or future performance, the occurrence of which involves risk and uncertainties that could cause the company's actual results or plans to differ materially from those expected by the company which include risk factors described in the Company's filings with the Securities and Exchange Commission. 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, Carrie L.P. Gray, Director, Corporate Relations, +1-313-758-4880, or , or investor relations, Richard F. [Rick] Dauch, Vice President, Investor Relations, +1-313-758-4767, or , both of American Axle & ManufacturingHoldings, Inc. Web site: http://www.aam.com/

Copyright