FOR IMMEDIATE RELEASE
LEAR SEATING CORPORATION TO ISSUE 10,000,000
SHARES OF COMMON STOCK
SOUTHFIELD, MI, AUGUST 4, 1995 -- Lear Seating Corporation (NYSE: LEA) announced plans to issue
10,000,000 shares of common stock under a registration statement filed today with the Securities and Exchange
Commission. Additionally, the Company's largest shareholders, certain merchant banking partnerships affiliated
with Lehman Brothers Holdings Inc. and FIMA Finance Management Inc., are selling 4,125,000 shares and
875,000 shares, respectively, which are also included under the registration statement. The sale of the securities is
expected to occur in September.
The proceeds from the sale of the common stock by the Company will be used to repay a portion of the
indebtedness anticipated to be incurred in connection with the Company's planned acquisition of Automotive
Industries Holding, Inc.
The offering will be managed by Lehman Brothers Inc., Morgan Stanley & Co. Inc., PaineWebber, Inc. and
Schroder Wertheim & Co. The selling stockholders have granted the underwriters an option to purchase up to an
additional 2,250,000 shares to cover over-allotments, if any.
Lear Seating Corporation is the world's leading supplier of automotive seat systems.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission
but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the
time the registration statement becomes effective. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of
any such state or jurisdiction. The offering of these securities may only be made