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NASCAR Winston Cup Cars Race on Wall Street This Morning

17 December 1997

NASCAR Winston Cup Cars Race on Wall Street This Morning

    Place:         New York Stock Exchange (Wall St. & 18 Broad St.)

    Time:          Race:  8:00 a.m. - 8:10 a.m.

    Event:         NYSE Chairman, Richard Grasso and Hal Sperlich (former
                   Chrysler Corporation President and "Father of the
                   Minivan"), current Chairman of a new IPO listing today,
                   Delco Remy International, Inc. will race two
                   authentic NASCAR Winston Cup cars to the checkered flag and
                   "Winner's Circle" at the entrance to the New York Stock
                   Exchange.

    Background:    The "race" and victory ceremonies at the NYSE welcome Delco
                   Remy to the "Winner's Circle" at Wall Street and chart a
                   new chapter in the former GM division's story which has
                   recently experienced rapid growth in its automotive and
                   truck components manufacturing business, supplying US and
                   world markets.

    Related
      Events:      Broad Street will be transformed into a festival with State
                   Fair type tents featuring NASCAR race cars on display and
                   remote control model car racing on a giant track with
                   prizes to race heat winners from the visitor audience until
                   1:00 p.m. today.

                   A Winston Cup race car transporter will be on display with
                   Delco Remy International products, as well as a helium
                   blimp outside and large world globe suspended from trading
                   floor to symbolize Delco Remy's worldwide presence.

    Press
      Release:     Available from PR Newswire after 9:30 a.m. EST

    Video
      Highlights:  Available 2:30 p.m. to 2:45 p.m.
                     Transponder:  10
                     Location:  Galaxy C4, Transponder 10; NR Look #102362
                                Waterfront #1630

    Interviews:    Delco Remy International's Chairman, Hal Sperlich and
                   President, Thomas J. Snyder, will be in New York today and
                   available for interviews and appearances.

    Photos:        New York City AP Office

    CONTACT:  John Pyzik of Delco Remy International, 317-590-7934.
SOURCE  Delco Remy International, Inc.