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Federal-Mogul Corporation : Federal-Mogul Board of Directors Elects Kevin P. Freeland Co-CEO of Federal-Mogul Corporation and

 Federal-Mogul Corporation : Federal-Mogul Board of Directors Elects Kevin P.
   Freeland Co-CEO of Federal-Mogul Corporation and CEO, Global Aftermarket

SOUTHFIELD, Mich., May 29,  2013 ... The Board  of Directors of  Federal-Mogul 
Corporation (NASDAQ:  FDML),  a  global  supplier  of  powertrain  and  safety 
technologies, and of leading brands  in the worldwide automotive  aftermarket, 
today announced the election of Kevin P. Freeland to the position of  Co-Chief 
Executive Officer of  Federal-Mogul Corporation and  Chief Executive  Officer, 
Federal-Mogul's Vehicle Components Segment (VCS), effective June 17,  2013. 
Mr. Freeland will report to the company's Board of Directors. Federal-Mogul's
VCS  is  one  of  the   largest  independent  global  suppliers  of   leading, 
premium-branded automotive parts to  the automotive aftermarket. The  company 
manufactures and distributes more than 20 of the world's most recognized  auto 
parts brands, including  ANCO^® wiper blades,  Champion^® spark plugs,  MOOG^® 
chassis parts, and Wagner^® brake products.

"The Board is pleased to welcome  Kevin to Federal-Mogul, and we look  forward 
to his leadership in  growing the aftermarket division  and building upon  its 
world-class products and strong customer  base," said Carl C. Icahn,  Chairman 
of Federal-Mogul's Board of Directors.

Mr. Freeland joins  Federal-Mogul after 32  years of merchandising,  marketing 
and procurement  experience,  most  recently as  Chief  Operating  Officer  of 
Advance Auto Parts, Inc.  Prior to joining Advance  Auto Parts, Mr.  Freeland 
spent eight years, from  1995 to 2003,  with Best Buy  Co., Inc., a  specialty 
retailer of consumer  electronics, office products,  appliances and  software, 
serving as Senior  Vice President  in its procurement  and distribution  group 
and, ultimately, President of its Musicland Division.

"On behalf  of the  Federal-Mogul organization,  we congratulate  and  welcome 
Kevin and  look  forward  to  working  with  him  to  continue  to  strengthen 
Federal-Mogul's position as  a preferred  supplier to  the global  independent 
aftermarket," said  Rainer  Jueckstock, CO-CEO  of  Federal-Mogul and  CEO  of 
Federal-Mogul's Powertrain Segment.

About Federal-Mogul

Federal-Mogul Corporation  (NASDAQ:  FDML) is  a  leading global  supplier  of 
products and services to the  world's manufacturers and servicers of  vehicles 
and equipment  in the  automotive, light,  medium and  heavy-duty  commercial, 
marine,  rail,  aerospace,  power  generation  and  industrial  markets.   The 
company's  products  and  services  enable  improved  fuel  economy,   reduced 
emissions and enhanced vehicle safety. Federal-Mogul operates two  independent 
business  segments,  each  with  a   chief  executive  officer  reporting   to 
Federal-Mogul's Board of Directors. Federal-Mogul's Powertrain Segment designs
and  manufactures  original  equipment   powertrain  components  and   systems 
protection products  for  automotive,  heavy-duty,  industrial  and  transport 
applications.

Federal-Mogul's Vehicle  Components  Segment  sells and  distributes  a  broad 
portfolio of products  through more  than 20  of the  world's most  recognized 
brands  in  the  global  vehicle  aftermarket,  while  also  serving  original 
equipment vehicle  manufacturers  with products  including  braking,  chassis, 
wipers and other vehicle components. The company's aftermarket brands  include 
ANCO^® wiper  blades;  Champion^®  spark  plugs,  wipers  and  filters;  AE^®, 
Fel-Pro^®, FP Diesel^®, Goetze^®, Glyco^®, Nüral^®, Payen^® and Sealed Power^®
engine products;  MOOG^®  steering  and suspension  parts;  and  Ferodo^®  and 
Wagner^® brake products.  Federal-Mogul was  founded in Detroit  in 1899.  The 
company employs 45,000 people in 34 countries, and its worldwide  headquarters 
is in Southfield, Michigan, United States. For more information, please  visit 
www.federalmogul.com.

Forward-Looking Statements

Statements contained in  this press  release, which are  not historical  fact, 
constitute "Forward-Looking Statements." Actual results may differ  materially 
due to numerous important factors  that are described in Federal-Mogul's  most 
recent report to the SEC on Form 10-K, which may be revised or supplemented in
subsequent reports to the  SEC on Forms 10-Q  and 8-K. Such factors  include, 
among  others,  fluctuations  in  domestic  or  foreign  vehicle   production, 
fluctuations in the demand for vehicles containing our products, the Company's
ability to generate cost  savings or manufacturing  efficiencies to offset  or 
exceed contractually  or  competitively  required price  reductions  or  price 
reductions to obtain new business, conditions in the automotive industry,  the 
success of the  company's segmentation and  corresponding effects and  general 
global and  regional economic  conditions. Federal-Mogul  does not  intend  or 
assume any obligation to update any forward-looking statements.

CONTACT:  Steve Gaut (248) 354-7826 for investor and media questions

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Source: Federal-Mogul Corporation via Thomson Reuters ONE
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