Cooper-Standard Automotive Consolidates Two Divisions into New Body and Chassis Systems Division

Novi, Mich., October 12, 2006 - Cooper-Standard Automotive Inc. announced today that in order to better align the organization and to serve its global customers, the company is combining the former Global Sealing Division and the NVH Control Systems Division into one new group called the Body and Chassis Systems Division.

The Fluid Systems Division led by President Larry Beard and the new Body and Chassis Systems Division will continue to report directly to Ed Hasler, president and chief operating officer.

"These changes are necessary to ensure that our competitive ability is not only maintained in the future, but is also designed to enhance stakeholder value," said Hasler.


About Cooper-Standard Automotive
Cooper-Standard Automotive Inc., headquartered in Novi, Mich., is a leading global automotive supplier specializing in the manufacture and marketing of systems and components for the automotive industry. Products include body sealing systems, fluid handling systems, and NVH control systems. Cooper-Standard Automotive Inc. employs approximately 19,000 people globally with more than 70 facilities throughout the world. For more information, visit the company's Web site at: www.cooperstandard.com.

Cooper-Standard is a privately-held portfolio company of The Cypress Group and Goldman Sachs Capital Partners Funds.

The Cypress Group is a private equity investment firm managing more than $3.5 billion of capital. Cypress has an extensive track record of making growth-oriented investments in targeted industry sectors and building equity value alongside proven management teams.

Founded in 1869, Goldman Sachs is one of the oldest and largest investment banking firms. Goldman Sachs is also a global leader in private corporate equity and mezzanine investing. Established in 1991, the GS Capital Partners Funds are part of the firm's Principal Investment Area in the Merchant Banking Division. Since 1986, Goldman Sachs' Principal Investment Area has formed 13 investment vehicles aggregating $56 billion of capital to date.