EXHIBIT 99.1


FOR IMMEDIATE RELEASE
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LEXINGTON PRECISION SOLICITS CONSENTS TO EXTEND MATURITY  OF 12 3/4% SENIOR
SUBORDINATED NOTES

NEW YORK, December 28, 1999 - Lexington Precision Corporation (LEXP - OTC)
announced today that it is soliciting consents from registered holders, as of
December 27, 1999, of its 12 3/4% Senior Subordinated Notes due February 1, 2000
(CUSIP number 529529 AA 7). The consent solicitation, which commenced today,
will expire at 5:00 p.m., New York City time, on January 27, 2000, unless
extended by the company. The principal balance currently outstanding on the
notes is $27,412,000.

The company is seeking consents to effect amendments which would extend the
maturity date of the notes from February 1, 2000, to February 1, 2003, and
increase the annual interest rate payable on the notes from 12 3/4% to a rate of
13 1/2% for the period from February 1, 2000, to January 31, 2001; 15 1/2% from
February 1, 2001, to July 31, 2001; 16% from August 1, 2001, to January 31,
2002; 17% from February 1, 2002, to July 31, 2002; and 18% from August 1, 2002,
to January 31, 2003.

The company will pay to each record holder who consents to the proposed
amendments an amount in cash equal to 1% of the principal amount of the notes
for which the holder has delivered a valid consent. This payment will be made
after the proposed amendments become effective.

The consent solicitation is subject to, among other things, the delivery of the
valid consents of holders of not less than 98% of the notes.

If the minimum required consents are obtained and the proposed amendments become
effective, the company will pay holders of notes who do not consent to the
proposed amendments the full principal of and accrued interest on their notes. A
maximum of 2%, or $548,000, of the aggregate principal amount of the notes will
be paid to holders who do not consent.

The detailed terms and conditions of the consent solicitation are set forth in
the consent solicitation statement, which will be distributed to the holders of
the notes. The company has the right to extend, amend, or terminate the consent
solicitation.

Lexington Precision Corporation manufactures precision rubber and metal
components, which are used primarily by manufacturers of automobiles, automotive
replacement parts, medical devices, and industrial equipment.

Contact:  Warren Delano  (212) 319-4657