Plan Confirmed in Lear Corporation Case

Debtor Name:  Lear Corporation

Year Filed:  2009

Jurisdiction:  United States Bankruptcy Court / Southern District of New York

Asset Size:  Over 1 Billion, but less than 5 Billion

Case Number:  09-14326

Industry:  Automobile/Auto Parts/Services, Manufacturing

SOUTHFIELD, Mich., Nov. 5 /PRNewswire-FirstCall/ -- Lear Corporation, a
leading global supplier of automotive seating systems, electrical distribution
systems and electronic products, today announced that the U.S. Bankruptcy
Court of the Southern District of New York has entered an order confirming the
Company's Plan of Reorganization, clearing the way, after only four months,
for Lear to emerge from bankruptcy.  An overwhelming majority of all voting
classes voted in favor of the Company's Plan of Reorganization.

"Today's confirmation is an important milestone for Lear," said Bob Rossiter,
Lear's Chairman, Chief Executive Officer and President.  "Thanks to the
diligent work of our employees and the tremendous support we have received
from our customers, suppliers, secured lenders, bondholders and others, we
have moved through the restructuring process expeditiously." 

Mr. Rossiter added, "Upon emergence, we will have substantially lower debt, a
strong and flexible balance sheet and in excess of one billion dollars in
cash.  This capital restructuring, combined with the significant operational
restructuring we have completed since mid-2005, positions our Company for
profitable growth and long-term success."

Lear expects the Plan of Reorganization to become effective on November 9,
once all closing conditions have been met.

The Company has filed an application with the New York Stock Exchange (NYSE)
to list its new common stock under the ticker symbol "LEA."  Subject to the
approval of Lear's application, Lear expects that its new common stock will
begin trading on the NYSE on a "when issued" basis (LEA WI) on or about the
effective date of the Plan of Reorganization and commence "regular way"
trading as soon as possible thereafter.

At today's confirmation hearing, the Honorable Judge Allan L. Gropper affirmed
that Lear has met all of the necessary statutory requirements to confirm its
Plan of Reorganization and exit from Chapter 11.  This ruling applies to all
of Lear's operations in the U.S. and Canada that were included in the
bankruptcy cases.  Lear's other subsidiaries were not a part of any of the
bankruptcy proceedings.