BUYOUT ALERT - National Securities Law Firm Seeks Higher Price for Federal-Mogul Shareholders in Connection with Proposed Buyout, and Encourages Shareholders to Contact Law Firm for More Information

NEW YORK, Feb. 29, 2016

Our investigation has determined that the offer price of only $7 per share, unfairly under-values the true going forward inherent value of Federal-Mogul and that shareholders may not be receiving the maximum value for their shares. Indeed, at least one analyst projects that the true going forward inherent value of the stock is worth at least $9 per share, and the stock hit a high of $13.90 within the past year. The investigation further seeks to determine whether Federal-Mogul is entering into this deal for its own self-interests to the detriment of the Company's shareholders.

If you are a shareholder of Federal-Mogul and would like additional information as to how the proposed acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us at no cost at:

Tripp Levy PLLC
New York, New York 
Toll free: 800-511-7037 
International: 602-241-2841 
Email: contact@tripplevy.com
www.tripplevy.com

Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and has assisted in the recovery of billions of dollars for shareholders in securities actions around the globe.

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