TRW Completes Public Offering, Raising Approximately $269 Million in Net Proceeds

TRW Completes Public Offering, Raising Approximately $269 Million in Net
Proceeds

LIVONIA, Mich., Aug. 17 /PRNewswire-FirstCall/ -- TRW Automotive Holdings
Corp. (NYSE: TRW), today announced that it successfully completed its
previously announced public offering of 16,100,000 shares of common stock at a
price of $17.50 per share to the public. The number of shares included
2,100,000 shares sold pursuant to the exercise of the underwriters'
over-allotment option.

The Company received approximately $269 million in net proceeds from the
offering. In accordance with the terms outlined in the Company's credit
agreement, approximately $87 million of the net proceeds will be used to repay
borrowings under its term loan A facility and term loan B facility. The
remaining proceeds will be used to repay borrowings under the Company's
revolving credit facility.

J.P. Morgan, Goldman, Sachs & Co. and BofA Merrill Lynch were joint
book-running managers for the offering. The shares were offered pursuant to
an effective shelf registration statement that was previously filed with the
Securities and Exchange Commission. This press release shall not constitute
an offer to sell or the solicitation of an offer to buy any securities nor
shall there be any sale of these securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such jurisdiction.

About TRW
With 2008 sales of $15.0 billion, TRW Automotive ranks among the world's
leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the
Company, through its subsidiaries, operates in 26 countries and employs
approximately 60,000 people worldwide. TRW Automotive products include
integrated vehicle control and driver assist systems, braking systems,
steering systems, suspension systems, occupant safety systems (seat belts and
airbags), electronics, engine components, fastening systems and aftermarket
replacement parts and services. All references to "TRW Automotive", "TRW" or
the "Company" in this press release refer to TRW Automotive Holdings Corp. and
its subsidiaries, unless otherwise indicated.

Forward-Looking Statements
This release contains statements that are not statements of historical fact,
but instead are forward-looking statements within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995. We caution readers not to
place undue reliance on these statements, which speak only as of the date
hereof. All forward-looking statements are subject to numerous assumptions,
risks and uncertainties which can cause our actual results to differ
materially from those suggested by the forward-looking statements, including
those set forth in our Report on Form 10-K for the fiscal year ended December
31, 2008 (our "Form 10-K") , and in our Reports on Form 10-Q for the quarters
ended April 3 and July 3, 2009, such as: any prolonged contraction in
automotive sales and production adversely affecting our results, liquidity or
the viability of our supply base; the financial condition of OEMs,
particularly the Detroit Three, adversely affecting us or the viability of our
supply base; disruptions in the financial markets adversely impacting the
availability and cost of credit negatively affecting our business; our
substantial debt and resulting vulnerability to economic or industry downturns
and to rising interest rates; escalating pricing pressures from our customers;
commodity inflationary pressures adversely affecting our profitability and
supply base; our dependence on our largest customers; any impairment of a
significant amount of our goodwill or other intangible assets; costs of
product liability, warranty and recall claims and efforts by customers to
adversely alter contract terms and conditions concerning warranty and recall
participation; strengthening of the U.S. dollar and other foreign currency
exchange rate fluctuations impacting our results; any increase in the expense
and funding requirements of our pension and other postretirement benefits;
risks associated with non-U.S. operations, including foreign exchange risks
and economic uncertainty in some regions; work stoppages or other labor issues
at our facilities or at the facilities of our customers or suppliers;
volatility in our annual effective tax rate resulting from a change in
earnings mix or other factors; costs or liabilities relating to environmental
and safety regulations; assertions by or against us relating to intellectual
property rights; the possibility that our largest stockholder's interests will
conflict with our or our other stockholders' interests; and other risks and
uncertainties set forth in our Form 10-K and in our other filings with the
Securities and Exchange Commission. We do not undertake any obligation to
release publicly any update or revision to any of the forward-looking
statements.

SOURCE TRW Automotive Holdings Corp.

Investor Relations: Mark Oswald, +1-734-855-3140, Media: John Wilkerson,
+1-734-855-3864, both of TRW Automotive Holdings Corp.