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Superior Industries Delays Reporting
2010 Second Quarter Financial Results
VAN NUYS, CALIFORNIA -- August 11, 2010
-- Superior Industries International, Inc. (NYSE:SUP)
today announced that it is postponing the release of its financial results for the second quarter and year-to-date periods ended June 30,
2010, and its earnings conference call originally scheduled for today, Wednesday, August 11, 2010. The postponement is the result of
delays in finalizing the quarter financial close due, in part, to the recent implementation of a new Enterprise Resource Planning (ERP) system.
Superior is working diligently to finalize its second quarter results and will provide new dates and times for the earnings release and earnings
conference call in a forthcoming news release.
About Superior Industries
Superior supplies aluminum wheels to Ford, General Motors, Chrysler, BMW, Mitsubishi, Nissan, Subaru, Toyota and Volkswagen. For more information, visit www.supind.com.
Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements, which include references to anticipated levels of demand for the Company’s products, are based on current expectations, estimates
and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance
and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what
is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the company's Securities
and Exchange Commission filings and reports. In addition, such statements could be affected by general automotive industry and market conditions and growth rates,
and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation
to update any forward-looking statement to reflect events or circumstances after the date of this release.
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