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For Immediate Release December 19, 2006

Contact: Kathy Brysse

mediaeurope@gates.com

Gates joins eXponentiaTM partnership

Press release                                                         For immediate release

Erembodegem – Gates, a world-leading developer and manufacturer of automotive products has announced that they will form part of the eXponentiaTM alliance offering superior technical know-how and expertise to technicians in the independent automotive aftermarket industry in Europe.  Gates is joining the founding partners of this alliance – SKF, Tenneco, TRW and Valeo - each with a long involvement in the automotive industry.  

Gates which is renown for its long-standing tradition of innovation in power transmission belts and kits and for its leadership in the automotive aftermarket will support eXponentiaTM in further developing its range of services that are designed to provide garage technicians with the tools and talents to stay competitive and grow.  In addition to extensive technical training the alliance offers a Technical Helpline, allowing the technician to gain time, improve customer satisfaction, acquire new skills and increase business opportunities.  Furthermore, the eXponentiaTM Knowledge Centre is a substantial technical information database with monthly bulletins and easy access via the web-site www.exponentia.org, allowing technicians to stay up to date and continually educated.

“Gates recognises that the availability of technical information and know-how is of critical importance to the technicians of the independent aftermarket.  We are therefore more than delighted to share our comprehensive expertise and support.  We strongly believe that the partnership with eXponentiaTM will further reinforce this first class service, enabling the technicians to take on more business and secure the future in the highly competitive automotive aftermarket in Europe,” says Giorgio Brusco, Vice President Gates Automotive Aftermarket, Europe.