Court Approves DURA’s Agreement in Connection with the Exit Financing Process

DURA Automotive Systems, Inc. (OTCBB:DRRAQ) today announced that the U.S. Bankruptcy Court for the District of Delaware has approved the company’s engagement and fee agreement with Goldman Sachs Credit Partners, L.P. and Barclays Capital in connection with the arrangement of approximately $425 million in credit facilities to be used to fund DURA’s exit from Chapter 11 in the fourth quarter in 2007 and thereafter provide for the Company’s ongoing working capital financing needs. DURA’s Plan of Reorganization is predicated in part on funding from these credit facilities.

The Court has also approved DURA’s request to move the Confirmation Hearing originally scheduled for Nov. 26, 2007 to Dec. 6, 2007 at 9:30 a.m. ET.

Once the Plan is confirmed, DURA expects to emerge from Chapter 11 shortly thereafter.

DURA was advised by Miller Buckfire and Kirkland & Ellis in connection with the exit financing process.

No Solicitation

Neither the Disclosure Statement nor this press release are solicitations for votes to accept the Plan. Parties should refer to the Plan and the Disclosure Statement for information regarding the Plan, creditor recoveries contemplated thereby and other related matters.

About DURA Automotive Systems, Inc.

DURA Automotive Systems, Inc., is a leading independent designer and manufacturer of driver control systems, seating control systems, glass systems, engineered assemblies, structural door modules and exterior trim systems for the global automotive industry. DURA markets its automotive products to every North American, Asian and European original equipment manufacturer (OEM) and many leading Tier 1 automotive suppliers.

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For more information visit www.duraauto.com.

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