14th
April 2008 - Federal-Mogul
Corporation to List Class A Common Stock on NASDAQ
Federal-Mogul Corporation has announced that its
Class A Common Stock will be listed on the NASDAQ Global Market on April
23, 2008, and will trade under the ticker symbol “FDML.” President and
Chief Executive Officer José Maria Alapont and a representative group of
employees are slated to commemorate the listing at the NASDAQ MarketSite
in New York at the market opening on April 23.
The listing of Federal-Mogul’s Common Stock
on NASDAQ will be a significant milestone for the Company. We are
focused on executing our sustainable global profitable growth strategy
based on leading technology and innovation to satisfy customers,
shareholders and employees,” Alapont said.
Federal-Mogul announced on April 8, 2008 that
it will report its first quarter 2008 results on April 22, 2008.
About Federal-Mogul
Federal-Mogul Corporation is a leading global
supplier, serving the world’s foremost original equipment manufacturers
of automotive, light commercial, heavy-duty, agricultural, marine, rail,
off-road and industrial vehicles, as well as the worldwide aftermarket.
The Company’s leading technology and innovation, lean manufacturing
expertise, as well as marketing and distribution deliver world-class
products, brands and services with quality excellence at a competitive
cost. Federal-Mogul is focused on its sustainable global profitable
growth strategy, creating value and satisfaction for its customers,
shareholders and employees. Federal-Mogul was founded in Detroit in
1899. The Company is headquartered in Southfield, Michigan, and employs
50,000 people in 35 countries. Visit the Company’s Web site at
www.federal-mogul.com.
Forward-Looking Statements
Statements contained in this press release,
which are not historical fact, including the anticipated date of listing
of the Class A Common Stock on the NASDAQ Global Market, constitute
"Forward-Looking Statements." Actual results may differ materially due
to numerous important factors that are described in Federal-Mogul's most
recent report to the SEC on Form 10-K, which may be revised or
supplemented in subsequent reports to the SEC on Forms 10-Q and 8-K.
Such factors include, among others, the cost and timing of implementing
restructuring actions, the Company's ability to generate cost savings or
manufacturing efficiencies to offset or exceed contractually or
competitively required price reductions or price reductions to obtain
new business, conditions in the automotive industry, and certain global
and regional economic conditions. Federal-Mogul does not intend or
assume any obligation to update any forward-looking statement to reflect
events or circumstances after the date of this press release.
Source: Federal-Mogul Press Release