Disclaimer - Mecachrome: F1 involvement will remain one of the Company's key activities

    TOURS, France, Aug. 22 /CNW Telbec/ - Mecachrome France categorically
refutes the news report, first published in Swiss-based Motorsport Aktuell and
repeated on August 18, 2008 in Global Motorsports Media and on Update F1.com,
that the Company is withdrawing from Formula 1 racing following Renault's
decision to supply its own high-performance components.
    The agreement entered into by these two companies continues to run its
course and Mecachrome is, at present, actively cooperating in the development
of these high-performance components for Renault.

For further information:

For further information: Elina Tea, Director, Investor
Relations/Corporate Finance, (514) 373-2009, etea@mecachrome.com; Source:
Arnaud Casella

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