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STANDARD PRODUCTS ANNOUNCES SALE OF COMMON SHARES

 CLEVELAND, July 1 /PRNewswire/ -- The Standard Products Co. (NYSE: SPD) today announced that it has completed the sale to the public of 1,400,000 of its Common Shares pursuant to a shelf registration statement on file with the Securities and Exchange Commission. Donaldson, Lufkin & Jenrette Securities Corporation was the managing underwriter for the sale.
 Cleveland-based Standard Products manufactures rubber and plastic parts for the automotive original equipment industry at 18 plants in North America, four in France and three in the United Kingdom. Its NISCO joint venture operates two automotive sealing plants in the U.S. The company's Holm Industries subsidiary produces plastic and magnetic door seals for home and commercial appliances at five U.S. locations, and its Oliver Rubber subsidiary is a producer of tread rubber for truck tire retreading, with nine manufacturing facilities in North America and the U.K.
 A written prospectus concerning the offering may be obtained from The Standard Products Co., 2130 West 110th Street, Cleveland, Ohio 44102, attention Aubrey E. Arndt, chief financial officer.
 -0- 7/1/93
 /CONTACT: Aubrey E. Arndt of The Standard Products Co., 216-281-8300; or William L. Dupuy of Edward Howard & Co., 216-781-2400, for The Standard Products Co./
 (SPD)


CO: The Standard Products Company ST: Ohio IN: AUT SU: OFR

BM -- CL010 -- 7663 07/01/93 11:11 EDT
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Publication:PR Newswire
Date:Jul 1, 1993
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