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EXHIBIT
99.1
 Hayes Lemmerz Reports 2005 Fiscal Year End Results  in Line with Prior Guidance; Adequate Liquidity Maintained
     TM




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Use of Non-GAAP Financial Information




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Conference Call
   Forward-Looking Statements
 This press release includes forward looking statements within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended,
which represent the Companys expectations and beliefs concerning future events that involve risks
and uncertainties which could cause actual results to differ materially from those currently
anticipated. All statements other than statements of historical facts included in this release are
forward looking statements. Factors that could cause actual results to differ
materially from those expressed or implied in such forward looking statements include the factors
set forth in our Annual Report on Form 10-K and other periodic reports filed with the SEC.
Consequently, all of the forward looking statements made in this press release are qualified by
these and other factors, risks, and uncertainties.
 About Hayes Lemmerz International, Inc.
  Contact: Marika P. Diamond, Hayes Lemmerz International, Inc., 734.737.5162




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HAYES LEMMERZ INTERNATIONAL, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in millions, except per share amounts)
Unaudited
 Twelve Months Ended
    
    
    Twelve Months EndedJanuary 31, 2006
    
    
    January 31, 2005Net sales
    
    $
    2,277.2
    
    
    $
    2,137.0Cost of goods sold
    
    
    2,103.0
    
    
    
    1,946.5Gross profit
    
    
    174.2
    
    
    
    190.5Marketing, general and administrative
    
    
    164.2
    
    
    
    156.4Amortization of intangible assets
    
    
    17.3
    
    
    
    13.8Asset impairments and other restructuring charges
    
    
    203.3
    
    
    
    9.2Goodwill impairment
    
    
    185.5
    
    
    
    Other (income) expense, net
    
    
    (0.7
    )
    
    
    (8.7
    )Earnings from operations
    
    
    (395.4
    )
    
    
    19.8Interest expense, net
    
    
    65.9
    
    
    
    43.6Other non-operating (income) expense
    
    
    0.8
    
    
    
    1.7Loss on early extinguishment of debt
    
    
    
    
    
    
    12.2Loss before taxes on income, minority interest, cumulative
effect of change in accounting principle and extraordinary
gain
    
    
    (462.1
    )
    
    
    (37.7
    )Income tax expense
    
    
    3.2
    
    
    
    18.7Loss before minority interest, cumulative effect of change in
accounting principle and extraordinary gain
    
    
    (465.3
    )
    
    
    (56.4
    )Minority interest
    
    
    7.2
    
    
    
    9.1Loss before cumulative effect of change in accounting
principle and extraordinary gain
    
    
    (472.5
    )
    
    
    (65.5
    )Discontinued operations:Income (loss) from discontinued operations, net of tax of
$1.5
    
    
    2.0
    
    
    
    0.6Gain of sale of discontinued operations, net of tax of $3.8
    
    
    8.6
    
    
    
    Gain from discontinued operations, net of tax
    
    
    10.6
    
    
    
    0.6Cumulative effect of change in accounting principle,
net of tax $0.0 and 0.8, respectively
    
    
    
    
    
    
    2.6Net loss
    
    $
    (461.9
    )
    
    $
    (62.3
    )Basic and diluted:Loss from continuing operations before cumulative effect of
change in accounting principle and extraordinary gain
    
    $
    (12.47
    )
    
    $
    (1.75
    )Income (loss) from discontinued operations, net of tax of $1.5
    
    
    0.05
    
    
    
    0.02Gain on sale of discontinued operations, net of tax of $3.8
    
    
    0.23
    
    
    
    Cumulative effect of change in accounting principle, net of tax
    
    
    
    
    
    
    0.07Net (loss) income
    
    $
    (12.19
    )
    
    $
    (1.66
    )Weighted average shares outstanding (in millions)
    
    
    37.9
    
    
    
    37.6




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HAYES LEMMERZ INTERNATIONAL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in millions)
Unaudited
 Actual
    
    
    ActualJanuary 31, 2006
    
    
    January 31, 2005ASSETSTotal current assets
    
    
    602.5
    
    
    
    613.0Property, and plant equipment, net
    
    
    758.1
    
    
    
    971.1Other long term assets
    
    
    438.6
    
    
    
    706.1Total assets
    
    $
    1,799.2
    
    
    $
    2,290.2LIABILITIES AND STOCKHOLDERS EQUITYTotal current liabilities
    
    
    412.5
    
    
    
    405.8Long-term debt, net of current portion
    
    
    684.3
    
    
    
    631.1Other long term liabilities
    
    
    476.3
    
    
    
    506.5Series A Warrants and Series B Warrants
    
    
    
    
    
    
    0.5Redeemable preferred stock of subsidiary
    
    
    12.1
    
    
    
    11.3Minority interest
    
    
    35.1
    
    
    
    33.7Stockholders equity
    
    
    178.9
    
    
    
    701.3Total liabilities and stockholders equity
    
    $
    1,799.2
    
    
    $
    2,290.2