7th October 2008 - TRW Automotive Withdraws Full-Year 2008 Guidance; Expects Third Quarter Net Loss

TRW Automotive Holdings Corp, today announced the withdrawal of its Full-Year 2008 sales and earnings guidance provided on July 31, 2008. In addition, the Company now expects a net loss for its 2008 third quarter on lower than anticipated sales, significantly higher restructuring expenses and increased commodity costs.

In recent months and subsequent to providing the 2008 Full-Year guidance on July 31, 2008, both actual and forecasted levels of vehicle production in Europe and North America have declined. In addition, the mix shift away from pickup trucks and sport utility vehicles to smaller and more fuel efficient cars in North America and from large and mid-sized passenger cars to small cars in Europe is having a more dramatic impact than previously anticipated. The effects of the lower vehicle production levels, mix shift of vehicles produced and the increased commodity costs will negatively impact the Company's second half. Given these challenges, TRW continues to realign its capacity and reduce its fixed cost structure, which will result in a higher level of restructuring and asset impairment expense in the second half of 2008.

"It has truly been an unprecedented period for the automotive industry. The challenges of lower production and commodity inflation have worsened in North America and conditions in Europe have now deteriorated," said John Plant, TRW's President and CEO. "We are taking the actions expected in this environment to adjust our cost base to ensure the competitiveness of the business and to align our organization with changing industry conditions as we move into 2009."

TRW plans to provide updated guidance for Full-Year 2008 when the Company announces its third quarter financial results on October 30, 2008.

About TRW

With 2007 sales of $14.7 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 27 countries and employs approximately 66,000 people worldwide. 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.