Cooper-Standard Automotive To Close Tawas City, Michigan Facility

Novi, Mich., November 10, 2006 - Cooper-Standard Automotive Inc. announced today that in 2007 the company will close its Fluid Systems Division's service parts and prototyping facility in Tawas City, Michigan. Service, low volume production, and prototypes will be transferred to other CSA facilities during 2007.

"The consolidation of this facility is necessary to better align our manufacturing capacity in North America," stated President and COO Ed Hasler. "This move will improve our utilization levels, lower our operating costs, and further enhance our competitive position," emphasized Hasler.

The Tawas City, Michigan operation employs approximately 65.


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.