Venture Holdings Company LLC and its subsidiaries, Vemco, Inc., Venture
Industries Corporation, Venture Mold and Engineering Corporation, Venture
Leasing Company, Venture Leasing, Inc. Venture Holdings Corporation, Venture
Service Company, Experience Management LLC, Venture Europe, Inc. and Venture EU
Corporation (collectively, the "Debtors") are each Debtors and Debtors in
Possession in jointly administered cases (Case No. 03-48939) under Chapter 11 of
the United States Bankruptcy Code.

         The Debtors announced today that, on Tuesday, April 13, 2004, Bank One
NA ("Bank One"), in its capacity as agent for the Debtors' prepetition senior
lenders (collectively, the "Senior Lenders"), filed suit in the United States
Bankruptcy Court for the Eastern District of Michigan, Southern Division naming
the Debtors and entities controlled by Larry J. Winget, Sr. (the "Winget
Entities").

         The Complaint seeks to foreclose the interests of the Senior Lenders in
the assets and properties of the Winget Entities only, including assets and
properties utilized by the Debtors in their business operations pursuant to
various usage and other agreements. The Complaint also seeks (i) entry of a
declaratory judgment concerning the commercial reasonableness of a proposed
auction of certain personal property owned by the Winget Entities; (ii) the
entry of an order vacating the automatic stay to permit the foreclosure upon the
assets used by the Debtors but owned by the Winget Entities; and (iii) entry of
deficiency judgments against the Winget Entities.

         However, the Complaint plainly states that Bank One "does not intend in
any manner to disrupt the businesses of the Debtors or the [Winget Entities].
The Complaint further states: "...[Bank One] intends to prosecute this Complaint
in a manner that is entirely consistent with, and supportive of, the Debtors'
continued operations. Moreover, [Bank One] will require that any third party
buyer of [the assets owned by the Winget Entities] afford to the Debtors
reasonable contractual arrangements to ensure that the Debtors will continue to
have access to and the use of [such assets], and that the Debtors will be able
to rely upon those accommodations in fashioning a plan of reorganization.
Finally, [Bank One] intends to coordinate the relief requested in this Complaint
with a plan of reorganization for the Debtors to be filed with the Court in the
coming weeks."

         "We believe this statement in the Complaint shows that Bank One and the
Debtors share the common goals of keeping the business open, protecting our
employees' jobs and continuing to provide high quality products," said David
Barnes, General Counsel of Venture Holdings Company LLC. "We hope it proves to
be another step toward reaching the Board's goals of securing the Debtors'
assets and protecting the interests of our creditors as we continue to move
forward on all fronts to serve our customers and suppliers."

         Despite Bank One's stated intention not to disrupt the businesses of
the Debtors, the lawsuit could materially adversely affect the businesses of the
Debtors if the Senior Lenders seek to enforce their remedies fully.





         Certain statements contained in this press release, including
statements regarding the Debtors' objectives, the intentions of Bank One and the
impact of lawsuit brought by Bank One, on behalf of the Senior Lenders, on the
Debtors and their business operations, and other statements contained herein
regarding matters that are not historical facts, are "forward-looking"
statements (as such term is defined in the Private Securities Litigation Reform
Act of 1995). Because such statements are subject to risks and uncertainties,
actual results may differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause actual results to differ
materially from those expressed or implied by such forward-looking statements
include, but are not limited to, a decision by the Senior Lenders to liquidate
their interests in the assets owned by the Winget Entities which are critical to
the Debtors' business operations, the inability of the Debtors to confirm a plan
of reorganization and those risks and uncertainties discussed in filings made by
the Debtors with the Securities and Exchange Commission.




















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