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Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) marketing vice president James Wanaselja is retiring in April. The company says recently-promoted Senior Vice President of Global Marketing, Sales and Service Michael Headly will take on Wanaselja's duties. January 21, 2014

News Release

INDIANAPOLIS, Ind. – Allison Transmission Holdings Inc. (NYSE: ALSN), a global leader in the design and manufacture of commercial and military fully automatic transmissions and hybrid propulsion systems, today announced that James L. Wanaselja, Vice President of North American Marketing, Sales and Service, has elected to retire effective April 1.

“Under Jim's leadership over the past 19 years, he and his team have developed effective sales and marketing strategies which have been implemented company wide. The entire Allison team and I wish Jim, his wife, Lynn, and their family a long and happy retirement. His presence on our team will be missed,” said Lawrence E. Dewey, Chairman, President and CEO of Allison Transmission.

Michael G. Headly has been promoted to Senior Vice President of Global Marketing, Sales and Service and will add Wanaselja's duties to his previous responsibilities as Allison Transmission's Vice President of Outside North American Marketing, Sales and Service. During his 25 years of service with Allison, Headly has led key areas of the business, including: Defense Programs, North American Sales, Program Management, and Allison Transmission Europe.

“Mike's contributions to Allison Transmission have been instrumental to our successes around the world,” said Dewey. “He clearly understands the commercial and defense medium- and heavy-duty transmission end markets, and I am confident that through his leadership, he will continue to drive our growth initiatives in his expanded role.”

ABOUT ALLISON TRANSMISSION

Allison Transmission (NYSE: ALSN) is the world's largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and hybrid-propulsion systems for city buses. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA and employs approximately 2,800 people worldwide. With a market presence in more than 80 countries, Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has approximately 1,400 independent distributor and dealer locations worldwide. For more information, visit www.allisontransmission.com.

Source: Allison Transmission Holdings Inc.

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