Motor Wheel^® Earns PACCAR Quality Award

Motor Wheel^® Commercial Vehicle Systems Earns PACCAR Inc. Quality Achievement Award

Canton, MI — May 30, 2008 — Motor Wheel Commercial Vehicle Systems, Inc. announced that it has been honored with PACCAR Inc.’s prestigious Quality Achievement Award.

The 2007 Quality Achievement has been awarded to Motor Wheel’s United States and Mexico operations, recognizing their accomplishment of a 50 PPM or better level of quality.

The award points out that PACCAR products including DAF, Kenworth, and Peterbilt trucks have earned a reputation for unsurpassed quality, and much of the credit for their global success goes to their suppliers like Motor Wheel CVS who meet or exceed PACCAR’s quality expectations.

“Motor Wheel is very proud to receive this recognition,” said Ed Meador, President and Chief Executive Officer of Motor Wheel Commercial Vehicle Systems. “This award demonstrates Motor Wheel’s commitment to quality. It is also a well-deserved recognition of the hard work and dedication of our employees in the U.S. and Mexico.”

Motor Wheel Commercial Vehicle Systems, Inc. is a leading global supplier of commercial highway axle-end components.

Contact: Jennifer Cameron Motor Wheel Commercial Vehicle Systems, Inc. 734.416.8911

About Precision Partners

Precision Partners (a portfolio company of GSC Partners) is a leading global manufacturing and engineering services company with 22 production facilities located in the United States, Canada, Mexico, China and South Africa, with pro forma revenues in excess of $475 million. Precision Partners offers full manufacturing services including: design and process engineering; machining; stamping; component casting; complex die tooling design and build; fixturing design and fabrication; electro-mechanical assembly; full project and supply chain management; and the industry standard Motor Wheel brand braking system hubs, drums, and rotors.

Precision Partners now offers its customers the combined technical resources of approximately 2,200 employees, working globally in approximately 1.8 million square feet of state-of-the-art manufacturing space. By using its broad manufacturing service capabilities and highly engineered processes all Precision Partners companies meet the critical specifications of customers in a wide range of industries who rely on “Preferred” or “Qualified” suppliers for outsourced manufacturing.

About GSC Partners

GSC Partners is a registered investment advisor with over $22 billion of assets under management. The firm specializes in credit driven investing including control distressed debt, corporate credit, European mezzanine lending and structured finance. GSC Partners, with over 140 employees, is headquartered in New Jersey and has offices in New York, London and Los Angeles. GSC’s investors include both institutional investors and substantial net worth individuals seeking sophisticated and attractive alternative investing opportunities. For more information about the firm, please visit www.gscpartners.com.