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Lund International Announces Headquarters Expansion

7 July 1998

Lund International Holdings, Inc. Announces Headquarters Expansion Plan

    ANOKA, Minn., July 7 -- Lund International Holdings, Inc.
announced today that it will begin construction of a 104,000
square foot addition to its corporate headquarters in Anoka, Minn.  The
expansion will allow for the consolidation of its 130,000 square foot
distribution facility located in Indianola, Iowa.
    "The move to the Anoka facility not only allows Lund to operate in less
overall square feet, it is expected to significantly improve distribution
capabilities and turn-around time for product shipments," stated William J.
McMahon, President and Chief Executive Officer.
    Mr. McMahon further stated that, "Although there will be additional costs
associated with the expansion program, we are optimistic that this move will
further improve Lund's customer service focus as we will have the ability to
consolidate product shipments.  Additionally, costs and expenses associated
with the move are expected to be offset by operational efficiencies and
overall cost savings generated from the consolidation."
    Lund is a leading designer, manufacturer and marketer of a broad line of
automotive accessories for new and used light trucks, including pickup trucks,
sport utility vehicles, mini-vans and other vans.  With the acquisition of
Deflecta-Shield Corporation, Lund is also a leading manufacturer of automotive
accessories for the heavy-duty truck market. The corporation is headquartered
at 911 Lund Boulevard, Anoka, Minnesota 55303.
    Discussions in this news release of Lund's belief that improvements can be
gained in operational efficiencies contain forward looking statements that
involve risks and uncertainties, including but not limited to general economic
conditions, difficulties which may be encountered in the consolidation of the
distribution facility and implementing new processes, competitive factors and
other risks detailed from time to time in the Company's SEC reports, including
the Form 10-K for the transition period ended December 31, 1997.  Actual
results may vary materially from those anticipated.