Standard Motor Products, Inc. Annual Meeting of Shareholders May 20, 2010

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1 Standard Motor Products, Inc. Annual Meeting of Shareholders May 20, 2010

2 2010 Annual Meeting of Shareholders Larry Sills, Chairman and CEO Jim Burke, VP Finance & CFO

3 Forward Looking Statements You should be aware that except for historical information, the matters discussed herein are forward looking statements within the meaning of the Private Securities Litigation Reform Act of Forward looking statements, including projections and anticipated levels of future performance, are based on current information and assumptions and involve risks and uncertainties which may cause actual results to differ materially from those discussed herein. You are urged to review our filings with the SEC and our press releases from time to time for details of these risks and uncertainties.

4 Larry Sills Chairman and Chief Executive Officer

5 Key Priorities As Per 2009 Generate Generate Cash Reduce Debt Redeem Convertible Debentures Original Issue $90 MM 6.75% Coupon 10 Year Life Due July 15, 2009

6 Actions Taken Sold LIC Building Reduced Inventory $30 Million in 2009 $20 Million in 2008 Reduced Accounts Receivable $50 Million Suspended Dividend Reinstated in 2010

7 Actions Taken Hiring Freeze/ Early Retirement Reduced Salaried Staff 100 People 10% of Total Reduced Capital Expenditures $7.2mm 2009 $11.5mm Historical Average

8 Actions Taken Exited Two Businesses Blue Streak Electronics European Distribution Rolled Over $17 MM Bonds 2 Years 15% Interest Raised Additional Equity 3,450,000 Shares $27.5 MM (Net of Expenses)

9 Result 2009 Debt Reduction $118 Million Redeemed Balance of Bonds Debt : EBITDA Ratio 2008: 6.2 (x) 2009: 1.7 (x)

10 Result

11 Other Accomplishments

12 Other Accomplishments

13 Conclusion 2009 was an Excellent Year Redeemed Bonds Reduced Cost Structure Reduced Debt Well Positioned for Future Growth

14 Jim Burke Vice President and Chief Financial Officer

15 2009 Results

16 2009 Income Statement Non - GAAP (in millions) FY 2009 FY 2008 Amount % of Sales Amount % of Sales Net Sales $ % $ % Gross Profit % % SG&A Expenses % % Operating Profit % % Other Income/(Loss) 1.2 (1.6) Interest Expense Income Taxes Earnings from Continuing Ops. $ 13.5 $ (2.0) Diluted Earnings Per Share: Continuing Operations $ 0.70 $ (0.11)

17 Substantial Margin Improvement Target Engine Management Gross Margin % 23.3% 24.7% 27 28% Temperature Control Gross Margin % 19.3% 19.7% 23 24% 17

18 First Quarter 2010 Results

19 1 st Quarter Income Statement Non - GAAP (in millions) 1st Q st Q 2009 Amount % of Sales Amount % of Sales Net Sales $ % $ % Gross Profit % % SG&A Expenses % % Operating Profit % % Other Income/(Loss) 0.0 (0.2) Interest Expense Income Taxes Earnings from Continuing Ops. $ 3.1 $ 1.3 Diluted Earnings Per Share: Continuing Operations $ 0.14 $ 0.07

20 Condensed Balance Sheet Actual 1st Qtr 2010, 2009 (in millions) Dollars Ratios Cash and Equivalents $ 14.7 $ 11.0 Accounts Receivable/DSO Inventory/Turns Other Assets Total Assets $ $ Current Liabilities $ $ Total Debt/Debt to Cap Ratio % 53.2% Other Liabilities Total Liabilities $ $ Equity/Debt to Equity Ratio Total Liabilities and Equity $ $ 558.2

21 Thank You Standard Motor Products, Inc. Annual Meeting of Shareholders May 20, 2010

22 APPENDIX

23 Reconciliation of GAAP and Non-GAAP Measures ($ in thousands, except per share amounts) TWELVE MONTHS ENDED DECEMBER 31, EARNINGS (LOSS) FROM CONTINUING OPERATIONS (Unaudited) GAAP EARNINGS (LOSS) FROM CONTINUING OPERATIONS $ 5,906 $ (21,098) RESTRUCTURING AND INTEGRATION EXPENSES (NET OF TAX) 4,897 10,237 LOSS FROM EUROPE DIVESTITURE (NET OF TAX) 4,772 - GAIN FROM SALE OF PREFERRED STOCK INVESTMENT (NET OF TAX) (1,402) - GOODWILL AND INTANGIBLE ASSET IMPAIRMENT (NET OF TAX) - 23,632 LOSS FROM EXTINGUISHMENT OF DEBT (NET OF TAX) GAIN FROM SALE OF BUILDING (NET OF TAX) (629) (13,340) GAIN FROM DEBENTURE REPURCHASE (NET OF TAX) (24) (2,308) NON-GAAP EARNINGS (LOSS) FROM CONTINUING OPERATIONS $ 13,520 $ (1,995) DILUTED EARNINGS (LOSS) PER SHARE FROM CONTINUING OPERATIONS GAAP DILUTED EARNINGS (LOSS) PER SHARE FROM CONTINUING OPERATIONS $ 0.31 $ (1.14) RESTRUCTURING AND INTEGRATION EXPENSES (NET OF TAX) LOSS FROM EUROPE DIVESTITURE (NET OF TAX) GAIN FROM SALE OF PREFERRED STOCK INVESTMENT (NET OF TAX) (0.07) - GOODWILL AND INTANGIBLE ASSET IMPAIRMENT (NET OF TAX) LOSS FROM EXTINGUISHMENT OF DEBT (NET OF TAX) GAIN FROM SALE OF BUILDING (NET OF TAX) (0.03) (0.73) GAIN FROM DEBENTURE REPURCHASE (NET OF TAX) - (0.12) NON-GAAP DILUTED EARNINGS (LOSS) PER SHARE FROM CONTINUING OPERATIONS $ 0.70 $ (0.11) MANAGEMENT BELIEVES THAT EARNINGS FROM CONTINUING OPERATIONS AND DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS BEFORE SPECIAL ITEMS, WHICH ARE NON-GAAP MEASUREMENTS, ARE MEANINGFUL TO INVESTORS BECAUSE THEY PROVIDE A VIEW OF THE COMPANY WITH RESPECT TO ONGOING OPERATING RESULTS. SPECIAL ITEMS REPRESENT SIGNIFICANT CHARGES OR CREDITS THAT ARE IMPORTANT TO AN UNDERSTANDING OF THE COMPANY'S OVERALL OPERATING RESULTS IN THE PERIODS PRESENTED. SUCH NON-GAAP MEASUREMENTS ARE NOT RECOGNIZED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES AND SHOULD NOT BE VIEWED AS AN ALTERNATIVE TO GAAP MEASURES OF PERFORMANCE.

24 Reconciliation of GAAP and Non-GAAP Measures ($ in thousands, except per share amounts) Earnings From Continuing Operations 3 Months Ended March 31, (Unaudited) GAAP Earnings From Continuing Operations $ 2,867 $ 787 Restructuring and Integration Expenses (Net of Tax) Loss From Europe Divestiture (Net of Tax) 47 - Gain From Sale of Buildings (Net of Tax) (273) (157) Non-GAAP Earnings From Continuing Operations $ 3,093 $ 1,337 Diluted Earnings Per Share From Continuing Operations GAAP Diluted Earnings Per Share From Continuing Operations $ 0.13 $ 0.04 Restructuring and Integration Expenses (Net of Tax) Loss From Europe Divestiture (Net of Tax) - - Gain From Sale of Buildings (Net of Tax) (0.01) (0.01) Non-GAAP Diluted Earnings Per Share From Continuing Ops. $ 0.14 $ 0.07 MANAGEMENT BELIEVES THAT EARNINGS FROM CONTINUING OPERATIONS AND DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS BEFORE SPECIAL ITEMS, WHICH ARE NON-GAAP MEASUREMENTS, ARE MEANINGFUL TO INVESTORS BECAUSE THEY PROVIDE A VIEW OF THE COMPANY WITH RESPECT TO ONGOING OPERATING RESULTS. SPECIAL ITEMS REPRESENT SIGNIFICANT CHARGES OR CREDITS THAT ARE IMPORTANT TO AN UNDERSTANDING OF THE COMPANY'S OVERALL OPERATING RESULTS IN THE PERIODS PRESENTED. SUCH NON-GAAP MEASUREMENTS ARE NOT RECOGNIZED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES AND SHOULD NOT BE VIEWED AS AN ALTERNATIVE TO GAAP MEASURES OF PERFORMANCE.