Market Overview

Tenneco to Webcast Presentation at the Morgan Stanley Laguna Conference

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Tenneco Inc. (the "Company") (NYSE:TEN) will participate in the Morgan
Stanley Laguna Conference to be held in California on Thursday,
September 13, 2018. The webcasted presentation is scheduled to begin at
1:15 pm Eastern and run for 30 minutes. Brian Kesseler, Chief Executive
Officer, will give a strategic overview and provide information
regarding matters impacting Tenneco's outlook.

The live webcast can be accessed by going to the "Investors" portion of
its web site at www.investors.tenneco.com.
A copy of the slides also will be available under the "Events &
Presentations" tab in this section of the web site. A replay of the
webcast will be available through October 13, 2018.

Tenneco is a $9.3 billion global manufacturing company with headquarters
in Lake Forest, Illinois and approximately 32,000 employees worldwide.
Tenneco is one of the world's largest designers, manufacturers and
marketers of ride performance and clean air products and systems for
automotive and commercial vehicle original equipment markets and the
aftermarket. Tenneco's principal brand names are Monroe®, Walker®, XNOx®
and Clevite®Elastomers.

Forward-Looking Statements

The presentation will contain forward-looking statements. These
forward-looking statements include, but are not limited to, (i) all
statements, other than statements of historical fact, included in the
presentation that address activities, events or developments that we
expect or anticipate will or may occur in the future or that depend on
future events and (ii) statements about our future business plans and
strategy and other statements that describe the Company's outlook,
objectives, plans, intentions or goals, and any discussion of future
operating or financial performance. These forward-looking statements are
included in various sections of the presentation and the words "may,"
"will," "should," "could," "expect," "anticipate," "estimate," and
similar expressions (and variations thereof) are intended to identify
forward-looking statements. Forward-looking statements included in the
presentation concern, among other things, the proposed acquisition of
Federal-Mogul LLC and related separation transactions, including the
expected timing of completion of the proposed acquisition and spin-off;
the benefits of the proposed acquisition and spin-off; the combined and
separated companies' respective plans, objectives and expectations;
future financial and operating results; and other statements that are
not historical facts. Forward-looking statements are subject to a number
of risks and uncertainties that could cause actual results to materially
differ from those described in the forward-looking statements, including
the risk that the acquisition transaction may not be completed in a
timely manner or at all due to a failure to satisfy certain closing
conditions, including any stockholder or regulatory approval or the
failure to satisfy other conditions to completion of the transaction;
the occurrence of any event, change or other circumstance that could
give rise to the termination of the purchase agreement; the outcome of
any legal proceeding that may be instituted against the Company and
others following the announcement of the transactions; the combined
company may not complete the separation of the Aftermarket & Ride
Performance business from the Powertrain Technology business (or achieve
some or all of the anticipated benefits of such a separation); the
proposed transactions may have an adverse impact on existing
arrangements with the Company or Federal-Mogul, including those related
to transition, manufacturing and supply services and tax matters; the
amount of the costs, fees, expenses and charges related to the
transactions may be greater than expected; the ability to retain and
hire key personnel and maintain relationships with customers, suppliers
or other business partners; the risk that the benefits of the
transactions, including synergies, may not be fully realized or may take
longer to realize than expected; the risk that the transactions may not
advance the combined or separated companies' respective business
strategy; the risk that the combined company may experience difficulty
integrating or separating all employees or operations; the potential
diversion of the Company's management's attention resulting from the
proposed transactions; as well as the risk factors and cautionary
statements included in the Company's periodic and current reports (Forms
10-K, 10-Q and 8-K) filed from time to time with the U.S. Securities and
Exchange Commission (the "SEC"). Given these risks and uncertainties,
investors should not place undue reliance on forward-looking statements
as a prediction of actual results. Unless otherwise indicated, the
forward-looking statements in the presentation are made as of the date
of the presentation, and, except as required by law, the Company does
not undertake any obligation, and disclaims any obligation, to publicly
disclose revisions or updates to any forward-looking statements.

Additional Information and Where to Find It

In connection with the proposed transaction between the Company and
Federal-Mogul, LLC, the Company intends to file relevant materials with
the SEC, including a preliminary proxy statement on Schedule 14A.
Following the filing of the definitive proxy statement with the SEC, the
Company will mail the definitive proxy statement and a proxy card to
each stockholder entitled to vote at the special meeting relating to the
proposed transaction. The presentation is not a substitute for the proxy
statement or other document(s) that the Company may file with the SEC in
connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS
OF THE COMPANY ARE URGED TO READ CAREFULLY THE PROXY STATEMENT
(INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS
FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION ABOUT THE COMPANY, FEDERAL-MOGUL AND THE PROPOSED
TRANSACTION. Investors and security holders may obtain free copies of
the proxy statement and other relevant materials (when they become
available), and any and all documents filed by the Company with the SEC,
may be obtained for free at the SEC's website at www.sec.gov.
In addition, stockholders may obtain free copies of the documents filed
with the SEC by the Company via the Company's Investor Relations section
of its website at investors.tenneco.com or by contacting Investor
Relations by directing a request to the Company, Attention: Investor
Relations, 500 North Field Drive in Lake Forest, Illinois, 60045 or by
calling (847) 482-5162.

Certain Information Regarding Participants

The Company and its respective directors and executive officers may be
deemed participants in the solicitation of proxies in connection with
the proposed transaction. Information about the persons who may, under
the rules of the SEC, be considered to be participants in the
solicitation of the Company's stockholders in connection with the
proposed transaction, and any interest they have in the proposed
transaction, will be set forth in the definitive proxy statement when it
is filed with the SEC. Additional information regarding these
individuals is set forth in the Company's proxy statement for its 2018
Annual Meeting of Stockholders, which was filed with the SEC on April 4,
2018, its Annual Report on Form 10-K for the fiscal year ended
December 31, 2017, which was filed with the SEC on February 28, 2018,
and its Current Reports on Form 8-K filed with the SEC on July 23, 2018.
You may obtain these documents (when they become available) free of
charge at the SEC's web site at www.sec.gov
and from Investor Relations at the Company.

No Offer or Solicitations

This document shall not constitute an offer to sell or the solicitation
of an offer to buy any securities, nor shall there be any sale of
securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the requirements
of Section 10 of the U.S. Securities Act of 1933, as amended.

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