Where the latest news never gets old.

Lund International Holding Company Announces Expansion of Credit Facility

Buford, GA – October 4, 2012 – Lund International Holding Company, a portfolio company of Highlander Partners, L.P., announced today that it expanded its existing senior credit facility with existing and new lenders. The proceeds are being used to retire all of the Company’s existing mezzanine debt, repurchase all of the equity of minority investor Chase Capital Corporation, pay a dividend to its remaining investors, and support a growth strategy comprised of both organic and acquisition-based initiatives. Commenting on the transaction, Jeff Hull, Lund’s Chairman and Highlander’s Managing Partner, said, “We are extremely pleased with the results of Lund and are very thankful to have partnered with Chase to acquire Lund in April 2011. Chase has been a very supportive partner for Highlander and Lund, and we hope to have the opportunity to work with them again in the future.” Hull added, “Even after completing this recapitalization, Lund has a lower leverage ratio today than when we acquired the Company last year.”

“Lund’s strong financial performance since Highlander acquired it in 2011 enabled us to reduce debt very quickly and as a result this recapitalization was made possible. We are excited about Lund’s growth prospects and continue to actively search for add-on acquisition opportunities. After expanding our senior credit facility, Lund is in a stronger financial position with ample liquidity to pursue acquisitions,” said Mitch Fogle, Lund’s President.

About Lund International

Lund International Holding Company is a leading designer, manufacturer, and marketer of branded automotive aftermarket accessories for a full assortment of passenger cars and light trucks, as well as the heavy truck category. Its products include ventvisors, hood shields, heavy-duty floor mats, tonneau covers, storage boxes, and running boards, among others. Lund offers the industry’s broadest range of functional body and appearance products that provide customers with ways to customize and personalize their vehicles. For more information about Lund, please visit www.lundinternational.com.

About Highlander Partners

Highlander Partners, L.P. is a Dallas-based private investment firm with partners that have committed over $400 million of principal funds for direct private equity investments in North America. The firm focuses on making investments in middle market businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including healthcare, basic manufacturing, food, building materials and others. Highlander Partners uses a “buy and build” investment approach, creating value by helping companies grow organically and through acquisitions. For more information about Highlander Partners, please visit www.highlander-partners.com.