'Tennis Moguls' the Latest Volley in Federal-Mogul's Commitment To Big Brothers Big Sisters of Metropolitan Detroit

'Tennis Moguls' the Latest Volley in Federal-Mogul's Commitment To Big Brothers Big Sisters of Metropolitan Detroit

June 8, 2000

It began in 1997 with a

cooperative mentoring program known as “The 5% Solution.” Today, the

“solutions” provided through Federal-Mogul Corporation’s (NYSE: FMO) support

of Big Brothers Big Sisters of Metropolitan Detroit have enjoyed exponential

growth.

In September 1997, Federal-Mogul Chairman, Chief Executive Officer Dick

Snell unveiled a plan to enroll 5 percent of the company’s World Headquarters

staff as Big Brothers or Big Sisters to local children in need. The company

immediately upped the ante by committing an additional 5 percent of its

Southfield employees to become “mentors for a day” with Little Brothers or

Little Sisters who had yet to be matched with adults.

The company’s commitment to Big Brothers Big Sisters grew out of the

dedication of Snell and his wife, Sheridan, to making Federal-Mogul a leading

advocate of community causes. The Snells came to the area from Chicago in

1996 when Dick Snell was elected chairman, chief executive officer and

president of the company. Dick Snell is a national board member of Big

Brothers Big Sisters of America; Sheridan Snell serves on the board of the

Metropolitan Detroit chapter.

“A company of our size can generate a great deal of momentum on behalf of

important local issues,” Snell said. “In my mind, there are few issues more

important than the future of our community’s children. Mentoring programs

such as those provided through Big Brothers Big Sisters help bring an

overwhelmingly positive influence to the lives of children who might otherwise

assume they have little hope for success or happiness.”

Since the launch of its corporate partnership plan, Federal-Mogul has

raised more than $1 million to support Big Brothers Big Sisters programs. In

addition, the company has sponsored clothing drives and organized a formal

“job shadowing” program to introduce at-risk children to the opportunities and

challenges of the business world.

“These activities have enriched the lives of our employees, as well,”

Snell said. “I’m very proud of the way our company has responded to the needs

of hundreds of young people and, by extension, to the needs of the Detroit

community.”

“The Tennis Moguls,” the newest component of the company’s partnership

with Big Brothers Big Sisters, will provide tennis clinics and more than 1,400

hours of personal lessons to Detroit-area “littles.” The mission of the

three-year program is to help the kids develop constructive, enjoyable skills

they can share with their family members, friends and mentors.

Headquartered in Southfield, Michigan, Federal-Mogul is an automotive

parts manufacturer providing innovative solutions and systems to global

customers in the automotive, small engine, heavy-duty and industrial markets.

The company was founded in 1899. Visit the company’s web site at

http://www.federal-mogul.com for more information.