Lear is pleased with its partnership with Comer Holdings as we share the mutual goal of providing our customer the highest possible level of service and quality. Additionally, this new partnership aims to promote the growth of minority business enterprises and supports the communities where we do business, and we are confident the Indiana work force will help us fulfill those goals.

Investors can be assured that the company is financially sound and focused on improving our longer-term operating performance.

While we regret having to suspend the dividend program, management is focused on preserving the company's financial flexibility in a very challenging industry environment.