News Release
  TRW Automotive
12001 Tech Center Drive
Livonia, MI 48150
  Investor Relations Contact:    
  Patrick R. Stobb    
  (734) 855-3140    
  Media Contact:    
  Manley Ford    
  (734) 855-2616    
TRW Automotive Reports Fourth Quarter and Full Year 2005 Financial Results; Provides 2006 Outlook
LIVONIA, MICHIGAN, February 21, 2006
— TRW Automotive Holdings Corp. (NYSE: TRW), the global leader in active and passive safety systems, today reported fourth-quarter 2005 financial results with sales of $3.1 billion, a decrease of 1.6 percent compared to the same period a year ago. Net earnings for the quarter were $59 million, or $0.57 per diluted share, which compares to net losses of $62 million or $(0.63) per share in the prior year quarter.
Fourth-quarter 2005 earnings included a reduction in reserves for litigation that increased earnings by $18 million. In comparison, prior year results included pre-tax expenses of $125 million, primarily for loss on retirement of debt associated with the repurchase of an acquisition related seller note. Net earnings excluding the effect of these items in both periods, net of the assumed tax impacts, were $41 million or $0.40 per diluted share in the current year compared to $34 million or $0.34 per diluted share in the prior year quarter.
Net earnings, excluding the $18 million reduction in reserves for litigation, were above previously provided guidance primarily due to a lower amount of tax expense and better than expected operating performance that in the aggregate offset a higher level of restructuring costs in the quarter.


The following information was filed by Zf Trw Automotive Holdings Corp (TRW) on Tuesday, February 21, 2006 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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