American Axle & Manufacturing Declares Third Quarter 2008 Dividend

Fri. August 22, 2008; Posted: 03:00 PM

DETROIT, Aug 22, 2008 /PRNewswire-FirstCall via COMTEX/ -- AXL | Quote | Chart | News | PowerRating -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced a cash dividend of $0.02 per share payable on September 26, 2008 to stockholders of record on all of the Company's issued and outstanding common stock as of September 5, 2008. The quarterly dividend had been $0.15 per share since the second quarter of 2004.

AAM is a world leader in the manufacture, engineering, design and validation of driveline and drivetrain systems and related components and modules, chassis systems and metal-formed products for trucks, sport utility vehicles, passenger cars and crossover utility vehicles. In addition to locations in the United States (Michigan, New York, Ohio and Indiana), AAM also has offices or facilities in Brazil, China, Germany, India, Japan, Luxembourg, Mexico, Poland, South Korea, Thailand and the United Kingdom.

Certain statements contained in this press release which are not historical facts contain forward-looking information with respect to the Company's plans, projections or future performance, the occurrence of which involves risk and uncertainties that could cause the Company's actual results or plans to differ materially from those expected by the Company which include risk factors described in the Company's filings with the Securities and Exchange Commission.

For more information ... Renee B. Rogers Jamie M. Little Manager, Corporate Communications and Director, Investor Relations Media Relations (313) 758-4831 (313) 758-4882 jamie.little@aam.com renee.rogers@aam.com Or visit the AAM website at www.aam.com

SOURCE American Axle & Manufacturing Holdings, Inc.

http://www.aam.com

For full details on American Axle & Manufact (AXL) click here. American Axle & Manufact (AXL) has Short Term PowerRatings of 6. Details on American Axle & Manufact (AXL) Short Term PowerRatings is available at This Link.

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