Article: FEDERAL-MOGUL ANNOUNCES OUTCOME OF BOARD MEETING

Report from the India Press Release brought to you by the Hindustan Times

MUMBAI, India, Jan 22 -- The Bombay Stock Exchange of India made the following corporate announcement:

Federal-Mogul Goetze (India) Ltd., has informed BSE that the Board of Directors of the Company at its meeting held on January 22, 2007, inter alia, has transacted the following:

1. Mr. Anil Nanda has resigned from the position of Chairman and Director of the Company.

2. Dr. R.C. Vaish has also resigned from the Board of Directors of the Company and Mr. Vishvjeet Kanwarpal has been appointed in the casual vacancy caused due to resignation of Dr. R.C. Vaish.

3. Mr. Charles B. Grant has been appointed as a Non-Executive ...

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