TRW to Close Cookeville, Tennessee Facility

TRW to Close Cookeville, Tennessee Facility 


LIVONIA, Mich., June 23  /PRNewswire-FirstCall/ -- TRW Vehicle Safety Systems
Inc. today announced the decision to close its Cookeville, Tenn. facility.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO )

The Cookeville plant has approximately 390 employees involved in the assembly
of driver and passenger airbags.  It is anticipated that employees will not be
impacted until the middle of 2006 and full assistance and support will be
provided in helping prepare them for future employment at that time.

The decision is based on the steadily increasing pricing pressure in the
marketplace and the need to remain competitive to secure new business growth.
"The pressures in the marketplace require us to make difficult decisions to
remain competitive in the future," said Dennie Boyer, Vice President,
Operations, North America Occupant Safety Systems.  "This decision is not a
reflection of the Cookeville operation or its workforce," Boyer explained.

TRW Vehicle Safety Systems Inc. is a subsidiary of TRW Automotive Holdings
Corp.  TRW Automotive ranks among the world's top automotive suppliers.
Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries,
employs approximately 60,000 people in 24 countries.  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 http://www.trwauto.com/ .

Forward-Looking Statements

This release contains statements that are not statements of historical fact,
but instead are forward-looking statements.  All forward-looking statements
involve risks and uncertainties.  Our actual results could differ materially
from those contained in forward-looking statements made in this release.  Such
risks, uncertainties and other important factors which could cause our actual
results to differ materially from those contained in our forward-looking
statements are set forth in the TRW Automotive Holdings Corp. Report on Form
10-K for the fiscal year ended December 31, 2004 (the "10K"), and our Report on
Form 10-Q for the quarter ended April 1, 2005, and include: possible production
cuts by our customers; escalating pricing pressures from our customers; severe
inflationary pressures impacting the markets for ferrous metals and other
commodities; non-performance by, or insolvency of, our suppliers and customers;
our substantial leverage; interest rate risk arising from our variable rate
indebtedness; the highly competitive automotive parts industry and its
cyclicality; product liability and warranty and recall claims; our dependence
on our largest customers; loss of market share by domestic vehicle
manufacturers; limitations on flexibility in operating our business contained
in our debt agreements; fluctuations in foreign exchange rates; the possibility
that our owners' interests will conflict with ours; work stoppages or other
labor issues and other risks and uncertainties set forth under "Risk Factors"
in the 10-K and in our other SEC filings.  We do not intend or assume any
obligation to update any of these forward-looking statements. 

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DATASOURCE: TRW Automotive Holdings Corp.



CONTACT:  Manley Ford, [phone], or John Wilkerson,

[phone], both of TRW



Web site:  http://www.trwauto.com/ 

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