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									Standard Motor Products, Inc.
2009 Annual Automotive Aftermarket
            Symposium
       November 2 - 4, 2009
Forward Looking Statements

                     You should be aware that except for
                     historical information, the matters
                     discussed herein are forward looking
                     statements within the meaning of the
                     Private Securities Litigation Reform
                     Act of 1995. Forward looking
                     statements, including projections and
                     anticipated levels of future
                     performance, are based on current
                     information and assumptions and
                     involve risks and uncertainties which
                     may cause actual results to differ
                     materially from those discussed
                     herein. You are urged to review our
                     filings with the SEC and our press
                     releases from time to time for details
                     of these risks and uncertainties.


                 2
Investment Rationale
Company and Industry Fundamentals

   Standard Motor Products is an aftermarket pure play
      93% of sales are aftermarket

   Attractive automotive aftermarket fundamentals provide stable growth,
    with potential upside driven by industry trends
        Declining new car sales
        Aging vehicle fleet
        Closing car dealerships
        Lower fuel prices leads to increased mileage
        Most repairs are non-discretionary

   Continued margin improvement driven by recent restructuring actions
      Low-cost production in Mexico and closure of Puerto Rico and Long Island City
       facilities
      Production in low cost facilities expected to reach a goal of 46% in 2009 and 55% in
       2010, up from 38% in 2008
      Purchases from low cost suppliers expected to reach a goal of 50% in 2009 and
       52% in 2010, up from 47% in 2008

                                            3
Investment Rationale
Opportunity for Investor Returns

   SMP market position yields attractive margins and high quality earnings
      Leading market positions in Engine Management and Temperature Control
      Strong customer relationships



   Transaction gives SMP flexibility to pursue strategic opportunities
      Financial flexibility will allow SMP to take full advantage of opportunities to acquire
       products / production lines as other vendors rationalize their businesses




                                             4
SMP is an Aftermarket Pure Play

                                                         2008 Sales

                                                        Export      Special
 Based on 250 million vehicles on the road
                                                         3%         Markets
                                                  OES                 5%
 Highly stable                                   5%
 Slow and steady growth

 Tens of thousands of SKUs
                                                 OE                Traditional
                                                 7%                   47%
 Not affected by rise and fall of new car                Retail
  production                                               33%

 Higher margins




                                             5
Favorable Macro Trends for Aftermarket

             Trend                       Impact on Aftermarket

   New Car Sales Down               Increases average age of vehicles
                                      driven

   Aging Fleet of Vehicles          Increases demand for replacement
                                      parts

   Car Dealerships Closing          Independent distributors and repair
                                      shops will become only option in many
                                      areas
                                     Miles driven has begun to increase
   Fuel Prices Stabilized
                                     Increasing miles driven creates
                                      demand for replacement parts




                              6
 Focused Business Strategy

Focused on Two Major Product Lines
#1 in each



                 Temperature
      European     Control           Engine     Other
       Group        25%            Management    1%
         6%                           68%




                               7
Focused Business Strategy
Engine Management Division

                      #1 Position in Engine Management

                                   Point Set and Condenser     Distributor Cap & Rotor
    Business Strengths

    #1 market position
    High brand loyalty
    Predictable top-line
     performance
                                    Distributorless Ignition
                                                                   Fuel Injectors
    High margin product                System Module

     category




                                   8
Focused Business Strategy
Temperature Control Division

                        #1 Position in Temperature Control


     Business Strengths                   Temperature Control Products

  #1 market position
  Top-line growth
      Recent wins in 2009
       (AutoZone, CSK, Pep
       Boys)

  Cost reduction as a result of
   plant relocations to
   Reynosa, Mexico
  Significant operating
   leverage


                                      9
Strategic Initiatives

 2003-2005
    Dana Engine Management Acquisition and Integration
 2006-2007
    Exit UK Manufacturing
    Establish Low Cost Poland Manufacturing Site
 2007 - 2008
    Exit high-cost manufacturing facilities (Puerto Rico & LIC)
    Expand low-cost manufacturing in Reynosa, MX
    Begin remanufacturing compressors in Reynosa, MX
 2009
    Continued shift to three manufacturing facilities in Reynosa, MX
    Acquired Federal Mogul Wire Product Line
    Potential sale of European Distribution business
                                   10
Move to Low Cost Environment

         Manufacturing                                                Purchasing

                                            55%
                                                                                                     52%
                                                                                           50%
                                  46%                                              47%
                                                                           42%
                         38%                                      38%
                                                        34%
                 29%
        26%
20%




2005    2006     2007     2008    2009      2010        2005       2006    2007    2008    2009      2010
                                 Estimate   Goal                                          Estimate   Goal

% production labor hours in low cost facilities                % purchased from low cost suppliers




                                                   11
2008 - 2009 Operational Improvements

 Inventory Reduction
    Reduced by 17%, or $40mm, over last 12 months


 Accounts Receivable Reduction
    Reduced by 28%, or $68mm, over last 12 months


 SG&A Reduction
    $18mm in savings achieved YTD
    Reduced 10% of salaried positions over last 12 months




                                12
Financial Overview




        13
September YTD Income Statement Non-GAAP
  (Excluding Non-Operational Gains and Losses)

($ in Millions)
                                  Sept. 2009 YTD            Sept. 2008 YTD
                                Amount     % of Sales     Amount     % of Sales

Net Sales                       $   575.3        100.0%   $   626.4     100.0%

Gross Profit                        137.1        23.8%        148.6      23.7%

SG&A Expenses                       109.6        19.1%        127.5      20.4%

Operating Profit                     27.5         4.8%         21.1        3.4%

Other Income/Loss                     1.1                       -

Interest Expense                      7.2                      11.0

Income Taxes                          8.3                       6.6

Earnings from Continuing Ops.   $    13.1                 $     3.5

Diluted EPS                     $    0.70                 $    0.19


                                            14
Condensed Balance Sheet

                                                 ($ in Millions)

 Improved free cash flow                        Condensed Balance Sheet   Sep '09
    Inventory management – Reduced
        by $40mm from Sep ‘08                    Current Assets            $ 410.5
    A/R factoring – Reduced by $68mm            PP&E                         63.9
        from Sep ‘08                             Other Assets                 63.3

                                                 Total Assets              $ 537.7
 Reduced debt by $119M
   Retired $32mm balance of
                                                 Current Liabilities       $ 186.2
       convertible bonds                         Debt                        110.9
                                                 Other Liabilities            67.5
   Issued $12.3mm in convertible
                                                 Shareholders Equity         173.1
       subordinated debentures and
       $5.4mm in unsecured promissory            Total Liabilities and
       notes                                       Shareholders' Equity    $ 537.7
   Debt to total capitalization ratio of
       39.0% vs. 52.6% in Sep ‘08




                                            15
Debt Reduction & Cash Flow
(US$ in millions)
                    Total Debt                                 Key Achievements

       $255
                                                       $97mm of operating cash flow in
                      $194
                                                        YTD 3Q 2009 driven by:
                                    $111
                                                          Improved working capital position
                                                          Factoring program with key
                                                           accounts
     Dec 2007        Dec 2008      3Q 2009



       Cash Flow from Operations                       $86mm of liquidity as of 3Q 2009
                                                          $10mm in cash
                                    $142
                                                          $76mm available in revolver


                       $45

        ($8)


     Dec 2007        Dec 2008    LTM 3Q 2009

                                               16
SMP Capitalization
(US$ in millions)                                                  As of September 30, 2009                 Pro Forma

                                                                                   % of Total                  % of Total
                                                                   Amount         Capitalization   Amount     Capitalization

GE Revolving Credit Facility                                          $90.0          31.7%          $66.3          23.4%

15% Convertible Subordinated Debentures                                 12.3           4.3           12.3           4.3

15% Unsecured Promissory Notes                                              5.4        1.9            5.4           1.9

Other (Europe 2.5, Other 0.7)                                               3.2        1.1            3.2           1.1

Total Debt                                                           $110.9          39.0%          $87.2          30.7%

Book Value of Equity                                                  173.1          61.0%          196.8          69.3%

Total Capitalization                                                 $284.0         100.0%         $284.0         100.0%

Debt / LTM EBITDA(a)                                                    2.9x                         2.2x

LTM Interest Coverage                                                   4.0x                         4.4x



Note: Assumes equity offering of 3.0mm shares at offering price of $8.50;
      5.00% gross spread and $0.5mm of other fees
(a) LTM Adjusted EBITDA of $38.8mm as of 30-Sep-2009.
                                                                        17
Appendix




   18
    Reconciliation of EBITDA

                                                2004           2005     2006    2007     2008      LTM 9/09

  Earnings from Continuing Operations            $(8.9)        $(1.8)    $9.2    $5.4    $(21.1)     $(22.9)
+ Income Taxes                                    (3.6)          1.4      6.5     2.8      (8.1)      (13.0)
+ Interest Expense                               15.1           18.5     20.9    19.1     13.6          9.8
+ Depreciation & Amortization                    19.0           17.4     15.5    15.2     14.7        14.8
= EBITDA                                        $21.6          $35.5    $52.1   $42.5     $(0.9)     $(11.3)
+ Loss from Divestiture of Europe TC Business      –             –        3.2     –         –           –
- Gain on Sale of Fort Worth Texas Building        –             –        –      (0.8)      –           –
- Gain on Sale of LIC Building                     –             –        –       –       (20.4)       (1.0)
- Gain from Repurchase of Bonds                    –             –        –       –        (3.8)       (2.3)
- Gain on Sale of GPI Stock                        –             –        –       –         –          (2.3)
+ Goodwill and Intangible Impairment Charge        6.4           –        –       –       39.3        39.3
+ Restructuring & Integration Expenses            11.4           5.3      1.8    10.9     16.9        16.4
= Adjusted EBITDA                               $39.4          $40.8    $57.1   $52.6    $31.1       $38.8




                                                          19
Reconciliation of GAAP and Non-GAAP
    Measures
($ in thousands, except per share amounts)
                                                                                     THREE MONTHS ENDED                   NINE MONTHS ENDED
                                                                                        SEPTEMBER 30,                        SEPTEMBER 30,
EARNINGS FROM CONTINUING OPERATIONS                                                    2009       2008                     2009           2008
                                                                                                                               (Unaudited)

GAAP EARNINGS FROM CONTINUING OPERATIONS                                             $   4,724      $     397                 11,149            12,972

RESTRUCTURING AND INTEGRATION EXPENSES (NET OF TAX)                                      2,042          1,204                3,871             3,734
GAIN FROM SALE OF PREFERRED STOCK INVESTMENT (NET OF TAX)                                  -              -                 (1,402)              -
LOSS FROM EXTINGUISHMENT OF DEBT (NET OF TAX)                                              -              -                    -                 882
GAIN FROM SALE OF BUILDING (NET OF TAX)                                                   (157)          (160)                (472)          (13,180)
GAIN FROM DEBENTURE REPURCHASE (NET OF TAX)                                                -             (942)                 (24)             (942)
NON-GAAP EARNINGS FROM CONTINUING OPERATIONS                                         $   6,609      $     499             $ 13,122          $ 3,466



DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS
GAAP DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS                           $    0.25      $    0.02             $     0.59        $     0.70
RESTRUCTURING AND INTEGRATION EXPENSES (NET OF TAX)                                       0.11           0.07                   0.21              0.20
GAIN FROM SALE OF PREFERRED STOCK INVESTMENT (NET OF TAX)                                  -              -                    (0.07)              -
LOSS FROM EXTINGUISHMENT OF DEBT (NET OF TAX)                                              -              -                      -                0.05
GAIN FROM SALE OF BUILDING (NET OF TAX)                                                  (0.01)         (0.01)                 (0.03)            (0.71)
GAIN FROM DEBENTURE REPURCHASE (NET OF TAX)                                                -            (0.05)                   -               (0.05)

NON-GAAP DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS                       $    0.35      $    0.03             $     0.70        $     0.19




MANAGEMENT BELIEVES THAT EARNINGS FROM CONTINUING OPERATIONS AND DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS BEFORE SPECIAL
ITEMS, WHICH ARE NON-GAAP MEASUREMENTS, ARE MEANINGFUL TO INVESTORS BECAUSE THEY PROVIDE A VIEW OF THE COMPANY WITH RESPECT TO ONGOING
OPERATING RESULTS. SPECIAL ITEMS REPRESENT SIGNIFICANT CHARGES OR CREDITS THAT ARE IMPORTANT TO AN UNDERSTANDING OF THE COMPANY'S OVERALL
OPERATING RESULTS IN THE PERIODS PRESENTED. SUCH NON-GAAP MEASUREMENTS ARE NOT RECOGNIZED IN ACCORDANCE WITH GENERALLY ACCEPTED
ACCOUNTING PRINCIPLES AND SHOULD NOT BE VIEWED AS AN ALTERNATIVE TO GAAP MEASURES OF PERFORMANCE.



                                                                      20
Standard Motor Products, Inc.

								
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