American Axle & Manufacturing Announces Profit-Sharing Payouts

Feb 19, 2001, 00:00 ET from American Axle & Manufacturing Holdings, Inc.

    DETROIT, Feb. 19 /PRNewswire/ -- American Axle & Manufacturing Holdings,
 Inc. (AAM), which is traded as AXL on the NYSE, today announced that it will
 be issuing profit-sharing payments averaging $2,193.12 to its eligible U.S.
 employee associates.
     AAM has generated profit-sharing payments to its eligible U.S. workforce
 each year for the last seven years, since it began operations in 1994.
     "We are pleased to share with our associates the positive results of our
 record earnings for 2000," said Co-Founder, Chairman & CEO Richard E. Dauch.
 "The dedication of our excellent team of associates to quality and increased
 productivity provided us with the tools we needed to continue to grow our
     AAM is a world leader in the manufacture, engineering, validation and
 design of driveline systems, chassis systems and forged products for trucks,
 buses, sport utility vehicles and passenger cars.  In addition to its 14
 locations in the United States (in Michigan, New York and Ohio), AAM also has
 offices and facilities in Brazil, England, Germany, Japan, Mexico and
     Certain statements contained in this press release which are not
 historical facts contain forward-looking information with respect to the
 Company's plans, projections or future performance, the occurrence of which
 involves risk and uncertainties that could cause the company's actual results
 or plans to differ materially from those expected by the company which include
 risk factors described in the Company's filings with the Securities and
 Exchange Commission.
     For more information:
     Investor relations contact      Media relations contact
     Robert A. Krause                Carrie L.P. Gray
     Vice President & Treasurer      Director, Marketing & Corporate Relations
     313-974-3074                    313-974-2598       
     Or visit the AAM website at

SOURCE American Axle & Manufacturing Holdings, Inc.