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Mike Ferderer Joins K&N Filters Racing Family

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RIVERSIDE, CA (Feb. 3, 2004) - K&N Filters announced that the company has signed a three year agreement with veteran professional sportsman drag racer, Mike Ferderer to be the primary sponsor for the team.

Ferderer is one of the most recognized names in sportsman drag racing and boasts three World Championships, 11 Divisional Titles and has twice been voted as a Car Craft Magazine Driver of the Year. In 2003 NHRA Super Gas competition, Ferderer was second in the World and won the Division 7 Championship. For the '04 NHRA season, Mike will drive a 2003 Pontiac Grand-Am, built by Rick Jones/QuarterMax Racecars, again in the Super Gas class.

"I've used K&N products in everything I've driven. K&N Filters has been part of my racing program for years and I have made some great friends there," commented Ferderer. "K&N's Executive Vice President of Research and Development, Steve Williams is one of my close friends and in the past he's been one of my fiercest competitors (Williams placed fourth in NHRA Super Comp Points during the 2003 season, a division Mike has also raced in). Many racers dream of having the support of a company like K&N - a company that truly understands the sport and is an active participant. I'm looking forward to taking our relationship to the next level."

In addition to K&N, Mike Ferderer Racing is supported by A1 Transmission and converters, Hoosier Tires, VP Fuels, Crane Cams, Pontiac and Pennzoil. Pennzoil's continued sponsorship of Ferderer spans 18 years - the longest of any Pennzoil sponsorship.

When asked about Pennzoil's long-standing sponsorship, Ferderer notes, "Pennzoil has been a great company to work with and I'm glad to have their continued support. I'm honored to drive a racecar with the names and logos of the greatest companies in the business on it."

K&N President, Steve Rogers added, "Looking at Mike's record it's easy to see why he's such a popular driver. Sportsman racers make up the lion's share of the competitors running down the dragstrip each weekend. Having Mike on the K&N Filters roster builds on our long-standing support for every level of racing."

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K&N Engineering, Inc. of Riverside, California, is the inventor and leading innovator of High Flow Technology and Lifetime Air Filters for automotive applications. K&N has been manufacturing our exclusive line of Lifetime air filters in Riverside California for more than 37 years. K&N continues to lead the way in pioneering new and innovative technologies designed to allow your engine to get all the air it needs to perform its very best. K&N Engineering, now a truly global company with offices in the U.K. and the Netherlands, continues to exist as a family owned business with an enthusiast mindset and a direct connection with motor sports that carries over throughout all levels of management and manufacturing. Today, K&N exists as both the sales and brand leader for performance filters, and maintains a stocking catalogue of over 3,500 part numbers, including an extensive line of factory replacement Lifetime Air Filters, Performance Air intake Systems, and Wrench-Off oil filters. For more information about K&N Filters, please contact K&N Engineering, Inc., P.O. Box 1329, Riverside, CA 92502-1329, (800) 213-4182 for a dealer near you, (800) 858-3333 for technical service/questions, (951) 826-4001 Fax, e-mail tech@knfilters.com, or visit www.knfilters.com.