ROCHESTER HILLS, MI -- DURA Automotive Systems, Inc. has received a letter from the Nasdaq, notifying the company that it is on the verge of being delisted.

For 30 consecutive business days, the bid price of the company's Class A common stock closed below the minimum $1 per share requirement for continued inclusion under Nasdaq rules. The company has 180 days to regain compliance with the Nasdaq's Global Market $1 minimum bid price rule.

Dura has until March 12, 2007 to regain compliance. However, Nasdaq has the discretion to require a period in excess of 10 business days before determining Dura’s ability to maintain long-term compliance. If the company does not regain compliance by March 12, 2007, but meets the Nasdaq Capital Market initial inclusion requirements except for bid price, it may apply to transfer from the Nasdaq Global Market to the Nasdaq Capital Market.

For more information about DURA Automotive Systems, go to: http://www.duraauto.com