Allison Transmission Declares Quarterly Dividend and Announces Annual Stockholders' Meeting and Record Date

    Allison Transmission Declares Quarterly Dividend and Announces Annual
                    Stockholders' Meeting and Record Date

PR Newswire

INDIANAPOLIS, Feb. 14, 2013

INDIANAPOLIS, Feb. 14, 2013 /PRNewswire/ --Allison Transmission Holdings,
Inc. (NYSE: ALSN) announced today that its board of directors declared a cash
dividend of $0.06 per share on the Company's common stock and non-voting
common stock for the first quarter of 2013. Payment will be made on March 11,
2013, to stockholders of record at the close of business on February 25, 2013.

(Logo: http://photos.prnewswire.com/prnh/20120702/DE33547LOGO)

The payment of any future quarterly dividends will be at the discretion of the
board of directors and will be dependent upon Allison Transmission's financial
position, results of operations, available cash, cash flow, capital
requirements and other factors deemed relevant by the board of directors.

In addition, the Company announced that its 2013 Annual Meeting of
Stockholders will be held on May 8, 2013. The record date for the meeting
will be March 11, 2013.

About Allison Transmission
Allison Transmission is the world's largest manufacturer of fully-automatic
transmissions for medium- and heavy-duty commercial vehicles, medium- and
heavy-tactical U.S. military vehicles and hybrid-propulsion systems for
transit buses. Allison transmissions are used in a variety of applications
including on-highway trucks (distribution, refuse, construction, fire and
emergency), buses (primarily school and transit), motor homes, off-highway
vehicles and equipment (primarily energy and mining) and military vehicles
(wheeled and tracked). Founded in 1915, the Allison business is headquartered
in Indianapolis, Indiana, U.S.A. and employs approximately 2,800 people.
Allison has manufacturing facilities and customization centers located in
China, The Netherlands, Brazil, India and Hungary. With a global presence,
serving customers in North America, Europe, Asia, Australia, South America,
and Africa, Allison also has over 1,500 independent distributor and dealer
locations worldwide. More information about Allison is available at
www.allisontransmission.com.

Forward-Looking Statements
This press release may contain forward-looking statements. All statements
other than statements of historical fact contained in this press release are
forward-looking statements. In some cases, you can identify forward-looking
statements by terminology such as "may," "will," "should," "expect," "plans,"
"project," "anticipate," "believe," "estimate," "predict," "intend,"
"forecast," "could," "potential," "continue" or the negative of these terms or
other similar terms or phrases. Forward-looking statements are not guarantees
of future performance and involve known and unknown risks. Factors which may
cause the actual results to differ materially from those anticipated at the
time the forward-looking statements are made include, but are not limited to:
risks related to our substantial indebtedness; our participation in markets
that are competitive; general economic and industry conditions; our ability to
prepare for, respond to and successfully achieve our objectives relating to
technological and market developments and changing customer needs; the failure
of markets outside North America to increase adoption of fully-automatic
transmissions; the discovery of defects in our products, resulting in delays
in new model launches, recall campaigns and/or increased warranty costs and
reduction in future sales or damage to our brand and reputation; the
concentration of our net sales in our top five customers and the loss of any
one of these; risks associated with our international operations; brand and
reputational risks; our intention to pay dividends; and labor strikes, work
stoppages or similar labor disputes, which could significantly disrupt our
operations or those of our principal customers. Although we believe the
expectations reflected in such forward-looking statements are based upon
reasonable assumptions, we can give no assurance that the expectations will be
attained or that any deviation will not be material. All information is as of
the date of this press release, and we undertake no obligation to update any
forward-looking statement to conform the statement to actual results or
changes in expectations.

SOURCE Allison Transmission Holdings, Inc.

Website: http://www.allisontransmission.com
Contact: Melissa Sauer, Allison Transmission Inc., +1-317-242-5000,
melissa.sauer@allisontransmission.com
 
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