Operating Profit for Hayes Lemmerz emerging from Chapter 11

Hayes Lemmerz International, Inc. has announced that it posted operating income of 51.6 million dollars for the second quarter ended July 31, 2003, these include costs related to the Chapter 11 period.

This is a big improvement from a previous year’s loss of 12.6 million dollars, which also included expenses related to the Company’s Chapter 11 reorganization. Earnings from operations excluding these items was 20.

4 million dollars in the current quarter, compared with a year earlier loss of 7.2 million dollars. Gross profit margin increased to 11.

2% in the second quarter of 2003 from 7.6% in 2002..