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Lear Honored by GM as a 2007 Supplier of the Year


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SOUTHFIELD, Mich., April 28 -- Lear Corporation , received the General Motors 2007 Supplier of the Year award for its significant contributions to GM's global product and performance achievements. The 16th annual award -- themed the "Best of the Best" -- was presented to Lear during ceremonies Saturday, April 26 at the Sawgrass Marriott Hotel in Jacksonville, Fla.

"GM is proud to honor Lear Corporation as a GM Supplier of the Year winner, " said Bo Andersson, GM group vice president, Global Purchasing and Supply Chain. "This award is our way of telling the winners that we appreciate all of their efforts in working together with GM to manufacture world-class vehicles."

"Lear is among the best of the best," he continued. "They understand that our mutual success can only be achieved by sharing common goals and priorities."

"This award from General Motors is especially meaningful because of the sheer size of its global supply base and the performance criteria set forth in qualifying as a GM Supplier of the Year," said Bob Rossiter, Lear's Chairman, CEO and President. "I want to congratulate the entire Lear team for being instrumental in making this Lear's fourth consecutive year as a recipient of this award and the sixth time Lear has been honored in the new millennium."

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 97 suppliers for their outstanding performance throughout 2007.

Lear Corporation is one of the world's largest suppliers of automotive seating systems, electrical distribution systems and related electronic products. The Company's world-class products are designed, engineered and manufactured by a diverse team of 91,000 employees at 215 facilities in 35 countries. Lear's headquarters are in Southfield, Michigan, and Lear is traded on the New York Stock Exchange under the symbol [LEA]. Further information about Lear is available on the Internet at LEAR.