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Echlin Inc.
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(Name of Registrant as Specified in Its Charter)
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[ECHLIN LOGO]
ECHLIN INC. TO DETERMINE VALIDITY OF DEMAND CARDS CALLING
FOR A SPECIAL MEETING
BRANFORD, Conn., March 24, 1998--In response to SPX Corporation's
announcement that it believes it has received demand cards in connection with a
special meeting of Echlin Inc. (NYSE: ECH) shareholders, from holders of at
least 35% of the outstanding shares of Echlin common stock, Echlin said it will
determine the validity of the demand cards when those cards are delivered by
SPX to Echlin.
Echlin intends to give effect to all valid revocations of demands,
whether received before or after delivery of any demands.
Echlin, with annual sales of $3.6 billion, manufactures a wide scope of
safety- and efficiency-related products for the world's 650 million motor
vehicles. It employs 30,000 associates in over 150 operations spread across
six continents.
