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Simpson Industries Announces Quarterly Dividend

    PLYMOUTH, Mich., Nov. 18 /PRNewswire/ -- Simpson Industries, Inc.
(Nasdaq: SMPS) announces that its Board of Directors declared a quarterly
dividend in the amount of $.10 per share.  The dividend is payable
December 17, 1998 to shareholders of record on December 3, 1998.


SOURCE Simpson Industries, Inc.




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    800-758-5804, ext. 107165
    CONTACT:
    Vinod Khilnani, Vice President, Chief
    Financial Officer & Treasurer of Simpson Industries, 734-207-6200