SPEEDVISION TO FEATURE EXTENSIVE SALEEN HISTORY

June 27, 2001 — With a record sales year now in progress and the recent growth of it’s high-performance parts division, Saleen Inc. is enjoying some of the greatest success in its 18-year history.  Fittingly, the Speedvision network and its highly popular “American Muscle Car” television show have assembled a 30-minute history of the company entitled: “Race Bred, The Saleen Mustang Story,” which traces the development of these special cars and their enthusiastic owners.

The show, which airs tonight (Wednesday) at 8:00 p.m. and again tomorrow afternoon (Thursday) at 3:30 p.m., was produced by Toby Murphy and Stan Rarden. Comprised of a narrative history of the Mustang-based Saleen sports cars, including interview with Steve Saleen, Saleen engineering Vice President Neil Hannemann and Saleen club president Debbie Blalock, “Race Bred” traces the high-performance car’s development from earliest versions all the way up to the latest S281 supercharged coupes and convertibles. The SpeedVision feature show also includes a comprhensive look at Saleen’s American supercar, the powerful Saleen S7.

In keeping with the show’s title and Saleen’s distinguished motorsports heritage, the program also includes select racing footage, including coverage of the Konrad/Team Saleen’s stunning GTS-class victory at the 2001 12 Hours of Sebring.

For more information on Saleen — its people and its products — visit the web site at www.saleen.com.

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TARGA RALLY TALLY A RECORD 150 ENTRANTS

By: N.A. on June 22, 2001
Original Article: WAIKATO TIMES

This year’s Dunlop Targa New Zealand rally will be the largest competitive rally held in this country with 150 entries so far.

The six-day tarmac rally is the seventh to be run and will be held from October 23 to 28.

The 2000 event was taken out by Australia’s Craig Dean in a Saleen Mustang with most of the 11 Australian cars that crossed the Tasman acquitting themselves well.

The 2001 Targa, which runs in central North Island, has a mixture of old and new stages over 600km of closed roads and 1300km of touring.

Since the 1999 event the emphasis of the event has changed away from contemporary 4WD cars (only six are accepted), which has brought out a larger number of interesting cars.

Among the entries there is a 1963 Sayer lightweight E Type Jaguar, two ex-group B MG Metro 6R4s from the 1980s, 10 Ford Escorts, both MK1 and MK2 with two being RS1800s from the 1980s, a Mini Cooper powered Mini Marcos, two 1960s Sunbeam Rapiers, several MGBs and a lone Audi Quattro.

Also entered is Robbie Francevic, the charismatic Kiwi who has been winning national and international events since the 1960s. Francevic won the 1967 national championship for sedans in the Custaxie, the inaugural Wellington street race with a Volvo 240T in 1986, and the following year the 1987 Australian Touring Car Championship.

Francevic is running in a 1969 Pontiac GTO.

In the more modern categories there are four Mazda RX7 Batmobiles, seven Porsches and seven Peugeots, two Nissan Skylines and the latest Ford Mustang Cobra R. There is also a yet-to-be released 2001 Honda Integra Type R.

Ex-Tasman Motorsport Indy Car Team owner Steve Horne has put to one side his normal management role and is driving the Integra.

Some of the more quirky vehicles include a 1955 Chevrolet Pickup with a 5-litre V8, a 1999 Chevrolet Silverado ute, a Subaru Legacy GT Station wagon and a Ford Anglia with Nissan running gear.

Already entered from Australia are a Tasmanian team in an EH Holden and a MGB Roadster from NSW. Andrew Bryson from Western Australia has teamed up with Kiwi Rootes Group specialist Brian Bradshaw in a Hillman Imp. From Queensland there is a 1970s Datsun H510.

SALEENS S7Rs RACE TO THE FINISH AT 24 HOURS OF LE MANS

LE MANS, June 17, 2001 – ABC’s Wide World of Sports has often suggested that sports involve the “thrill of victory and the agony of defeat.” Well, that may be true for athletic adventures that last for less than three hours, some less than ten seconds. But for those participating in the 24 Hours of Le Mans the emotions are more of sheer physical and mental exhaustion and the pride of finishing this momentous race.

At Le Mans, while winning is the ultimate objective for any manufacturer, the honor traditionally bestowed to those who finish this 24 hour marathon is timeless. At Le Mans, to finish is also victory.

That is why a few moments after the #1 Audi, the overall winner, crossed the finished line at 4 p.m. on Sunday, those gathered in the Saleen pit suite toasted the drivers and crews of the two Saleen S7Rs to finish the 2002 classic. Last year, the #60 Saleen/Allen Speedlab factory car gained a well-earned third-place podium finish in the Saleen S7R’s inaugural trip to Le Mans, setting the fastest lap en route.

This year, Saleen customer teams took the battle to the two factory Corvettes and a nest of Chrysler Vipers. The #68 RML/Graham Nash Saleen S7R finished fifth in GTS behind the #63 Corvette that won for the second-straight year at the 8.5-mile Sarthe Circuit. The #66 Konrad Motorsport, driven by last year’s podium mates Franz Konrad and Terry Borcheller, was seventh in class in spite of four hours lost replacing a gearbox that was
holed by a stone.

“We’re real proud of the effort put forth by our customer teams this year,” stated Steve Saleen, the creator of the S7R. “They not only had to compete against a well-financed factory effort, but also had to deal with a tremendous handicap imposed by the ACO. We are looking forward to the day that we can compete with the Vettes and the Vipers on a level playing field. We’re sure the result will be quite different.”

All three Graham Nash Motorsport Saleen S7Rs return to action in the British and Spanish GT Championships both of which they currently lead. The Konrad Motorsport Saleen S7Rs will battle the factory Corvettes in the next rounds of the American Le Mans series at Mid-Ohio (June 30) and Road America (July 7).

EXIDE TECHNOLOGIES NAMED EXCLUSIVE BATTERY SUPPLIER FOR SALEEN S7

EXIDE SELECT ORBITAL THE BATTERY OF CHOICE FOR AMERICAN SUPERCAR

PRINCETON, N.J., June 15 /PRNewswire/ — Exide Technologies (NYSE: EX), the global leader in stored electrical energy solutions, has signed an agreement to supply Exide Select Orbital(R) batteries to Saleen, Inc. Based in Irvine, California, Saleen specializes in the manufacture of high-performance vehicles for street and track; produces and markets a broad line of performance parts; and provides design, engineering and certification services. As a battery supplier to Saleen, Exide Technologies will provide the original-equipment batteries for all Saleen S7 street and racing vehicles.

The agreement calls for Exide Technologies to supply the Exide Select Orbital(R) — the world’s only original-equipment approved spiral-wound lead-acid battery — for use in Saleen’s top-of-the-line vehicles, including the Saleen S7, an American supercar, and the Saleen S7R, the racing version of the S7. Further, Exide Technologies will be an associate sponsor of the Saleen/Allen Speedlab race team starting with the prestigious 24 Hours of LeMans event on June 16 and 17. And Saleen will specify the Exide Select Orbital(R) as the preferred replacement battery for all Saleen S7 vehicles.

Saleen offers a full line of consumer vehicles as well as a wide array of parts and accessories designed for improving performance. Saleen’s S281 naturally-aspirated and supercharged models, available as coupes, convertibles or speedsters; the XP8 Performance Utility Vehicle; and the race-bred SR coupe are mainstays of the company’s high-performance vehicle line.

The crown jewel of Saleen’s vehicle lineup is the 2001 S7 supercar, one of the most exotic supercars in the world, capable of speeds exceeding 200 miles per hour, with a zero-to-60 time of under four seconds. The Saleen S7 redefines high-tech and modern racing technology with its 7-liter V-8 engine, advanced suspension system and aerodynamic design.

“We chose the Exide Select Orbital(R) because it is the only spiral-wound, sealed, absorbed glass mat lead-acid battery that has withstood the rigors required for original-equipment certification,” said Steve Saleen, Founder and President of Saleen. “In addition, Exide Technologies supports its products with a high-quality global service network.”

The Exide Select Orbital(R) features a highly efficient design and construction of tightly wound plates that provide unparalleled power among conventional automotive batteries. It holds its charge longer — and has a shelf life three times longer — than conventional batteries. The battery can be recharged in a fraction of the time, has greater power output and resists vibration better than any other lead-acid battery. Because the Exide Select Orbital(R) is completely sealed, it eliminates leaks and spills. It is extremely resistant to vibration, heat and cold and offers greater safety because it contains no free liquid electrolyte and does not produce gas.

“The Saleen signature on a vehicle signifies the state-of-the-art in design, performance, engineering and manufacturing,” said Craig Muhlhauser, President and Chief Operating Officer of Exide Technologies. “The Exide Select Orbital(R) is the only spiral-wound, sealed, absorbed glass mat lead-acid battery in the world that can meet these exacting, high-performance criteria for the Saleen vehicle line.”

Note:
Exide Technologies is the global leader in providing electrical energy storage solutions. The company has operations in 89 countries, serving the industrial and transportation markets.

Industrial applications include network-power batteries for telecommunications systems, fuel-cell load leveling, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS) markets; and motive-power batteries for a broad range of equipment uses, including lift trucks, mining vehicles and commercial vehicles.

Transportation uses include automotive, heavy-duty truck, agricultural, marine and other batteries, as well as new technologies being developed for hybrid vehicles and new 42-volt automotive applications. The company supplies both aftermarket and original-equipment transportation customers.

Further information about Exide Technologies, its financial results and other information can be found at www.exide.com .

Media contact: Tim Yost, 734-827-3282; tyost@exideworld.com
Investor contact: Thomas J. Smith, 609-919-4946, tsmith@exideworld.com.

Certain statements in this press release may constitute forward-looking statements as defined by the Securities Litigation Reform Act of 1995. As such, they involve known and unknown risks, uncertainties and other factors that may cause the actual results of the company to be materially different from any results expressed or implied by such forward-looking statements. These are enumerated in further detail in the company’s Form 10-K.

MEDIA CONTACTS at LeMans:
Frederic Guyonneau for Exide: 678-361-7321
Jack Gerkin for Saleen: 714-814-9901

MEDIA CONTACTS in U.S.:
James Chew for Exide: 610-698-4458
Tim Yost for Exide: 734-827-3282

INVESTOR CONTACT:
Thomas J. Smith for Exide: 609-919-4946

[SOURCE: Exide Technologies]