ArvinMeritor Inc. announced that it has increased the price it will pay for its 8-3/4% Notes due 2012 that are tendered pursuant to its previously announced tender offer for up to $175 million aggregate principal amount of ArvinMeritor's 8-3/4% Notes due 2012. The Total Consideration for each $1,000 principal amount of notes tendered pursuant to the offer has been increased to $1,097.50. Holders of notes that are validly tendered and not validly withdrawn at or before 5:00 p.m. New York City time on the Early Tender Date of March 8, 2010 will receive the Total Consideration for their notes that are accepted for purchase in the offer. The Tender Offer Consideration for each $1,000 principal amount of notes tendered pursuant to the offer has been increased to $1,067.50. Holders of notes that are validly tendered after 5:00 p.m. New York City time on the Early Tender Date and at or before 11:59 p.m. New York City time on the Expiration Date of March 22, 2010 will receive the Tender Offer Consideration for their notes that are accepted for purchase in the offer. The Tender Offer Consideration consists of the Total Consideration minus the Early Tender Payment which remains $30.00 for each $1,000 principal amount of notes. Holders who tender notes at or before 5:00 p.m. New York City time on March 8, 2010 can withdraw tenders at or before 5:00 p.m. New York City time on March 8, 2010, but not thereafter. Holders who tender notes after 5:00 p.m. New York City time on March 8, 2010 cannot withdraw their tenders. In addition to any consideration received, holders who tender notes that are accepted for payment in the offer will be paid any accrued and unpaid interest calculated up to but not including the settlement date. The settlement date is expected to be March 23, 2010, which is one day after the Expiration Date or promptly thereafter. The Expiration Date and the Early Tender Date have not been extended and all of the other terms and conditions of the offer remain in effect as described in the Offer to Purchase dated February 23, 2010.

ArvinMeritor Inc. announced the commencement of a tender offer for up to $175 million aggregate principal amount of ArvinMeritor's 8-3/4% Notes due 2012 in the manner described below. The total outstanding principal amount of the notes included in the offer is approximately $276 million. ArvinMeritor will conduct the offer in accordance with terms and conditions described in its Offer to Purchase dated Feb. 23, 2010. The offer will expire at 11:59 p.m. New York City time on Mar. 22, 2010, unless extended or earlier terminated. The aggregate principal amount of notes that may be purchased in the offer will not exceed $175 million. To the extent the aggregate principal amount of notes tendered and not withdrawn pursuant to the offer exceeds this cap, ArvinMeritor will accept notes for purchase on a pro rata basis in the manner described in the Offer to Purchase. The total consideration for each $1,000 principal amount of notes tendered pursuant to the offer will be $1,065. The tender offer consideration for each $1,000 principal amount of notes tendered pursuant to the offer will be $1,035, which consists of the Total consideration minus the early tender payment (which is $30.00 for each $1,000 principal amount of notes). The company intends to fund the purchase of the notes from the proceeds of its pending offering of notes due 2018, holders of notes that are validly tendered and not validly withdrawn at or before 5:00 p.m. New York City time on the Early Tender Date of Mar. 8, 2010 will receive the Total Consideration for their notes that are accepted for purchase, holders of notes that are validly tendered after 5:00 p.m. New York City time on the Early Tender Date and at or before 11:59 p.m. New York City time on the Expiration Date will receive the Tender Offer Consideration for their notes that are accepted for purchase, which is equal to the Total Consideration minus the Early Tender Payment. Holders who tender notes at or before 5:00 p.m. New York City time on the Early Tender Date can withdraw tenders at or before 5:00 p.m. New York City time on the Early Tender Date, but not thereafter, holders who tender notes after 5:00 p.m. New York City time on the Early Tender Date cannot withdraw their tenders. In addition to any consideration received, holders who tender notes that are accepted for payment in the offer will be paid any accrued and unpaid interest calculated up to but not including the settlement date. The settlement date is expected to be Mar. 23, 2010, which is one day after the Expiration Date or promptly thereafter. BofA Merrill Lynch, J.P. Morgan, Citi and RBS are the dealer managers for the offer. Global Bondholder Services Corporation is the Information Agent and Depositary for the offer. This news release is neither an offer to purchase nor a solicitation of an offer to sell the securities.

ArvinMeritor Inc. will reiterate guidance for its second quarter of fiscal year 2010 and its planning assumptions for full fiscal year 2010. The company's financial guidance for the second quarter of fiscal year 2010 is for expected results from continuing operations which includes all four of ArvinMeritor's current segments: Commercial Truck, Industrial, Aftermarket & Trailer and the remaining Light Vehicle Systems business. For the second quarter of fiscal year 2010 (compared to the first fiscal quarter of 2010), the company anticipates: revenues to be flat, EBITDA, before special items, to be flat, income before taxes, before special items, to be flat and free cash flow to be slightly negative primarily due to the company's semi-annual interest payment on its fixed debt securities. The company will also reiterate that there was no change in its planning assumptions for the full fiscal year which call for capital expenditures in the range of $90-110 million, interest expense in the range of $95-110 million, income tax expense before special items in the range of $40-60 million and cash income taxes in the range of $25-50 million.

The Component and Controls Industry

The Component and Controls Industry

ARVINMERITOR INC Files SEC form 8-K, Other Events

ArvinMeritor Announces Pricing and Increased Size of Common Stock Offering

ArvinMeritor Announces Pricing of $250 Million of Senior Unsecured Notes

ArvinMeritor Increases Total Consideration and Tender Offer Consideration in Tender Offer for Up to $175 Million of the Company's 8-3/4% Notes due 2012

ArvinMeritor Announces Exercise in Full by Underwriters of Over-Allotment Option to Purchase Additional 2,602,500 Shares of Common Stock

ArvinMeritor Announces Exercise in Full by Underwriters of Over-Allotment Option to Purchase Additional 2,602,500 Shares of Common Stock

ArvinMeritor Increases Total Consideration and Tender Offer Consideration in Tender Offer for Up to $175 Million of the Company's 8-3/4% Notes due 2012

ArvinMeritor Announces Pricing of $250 Million of Senior Unsecured Notes

Come On Aboard The Bond Bandwagon

ArvinMeritor Announces Pricing and Increased Size of Common Stock Offering

ArvinMeritor reiterates fiscal 2Q outlook

Fitch upgrades ArvinMeritor debt ratings

Fitch upgrades ArvinMeritor debt ratings

ArvinMeritor reiterates fiscal 2Q outlook

ArvinMeritor Announces Tender Offer for Up to $175 Million of the Company's 8-3/4% Notes Due 2012

ArvinMeritor Announces Offering of Senior Unsecured Notes

ArvinMeritor Announces Offering of Common Stock

ArvinMeritor plans stock and debt offerings