Stoneridge Announces Exercise of Over-Allotment Option

Stoneridge, Inc. SRI announced today that Credit Suisse Securities LLC, pursuant to the Underwriting Agreement, dated November 2, 2010, by and among Stoneridge, Inc., the Selling Shareholders named in the Underwriting Agreement and the Underwriter, on November 3, 2010, notified the Selling Shareholders and the Company of the Underwriter's exercise of its right to purchase all of the optional securities from the Selling Shareholders at the purchase price of $10.75 per Common Share, less underwriting commissions and discounts. The Company will not receive any proceeds from the offering.