Standard Motor Products, Inc.Annual Meeting of Shareholders

May 21, 2009

2009 Annual Meeting of Shareholders

Larry Sills, Chairman and CEO

Jim Burke, VP Finance & CFO

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 1995. 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.

Larry Sills

Chairman and Chief Executive Officer

Aftermarket versus OE

There are major differences Aftermarket

Original Equipment Market

SMP is an aftermarket company

Aftermarket versus OE

Aftermarket Based on 250 million vehicles on the road Highly stable Slow and steady growth Tens of thousands of SKUs

OE Based on new car production Minimal number of SKUs High degree of automation

Aftermarket Growth

SMP Breakdown of Sales Volume

Market Channel Percentage/Sales

Traditional 47%

Retail 33%

OE 7%

OES 5%

Export 3%

Special Markets 5%

Current Operating Environment

Favorable Macro Trends for Aftermarket

New Car Sales Down

Aging Fleet of Vehicles

Car Dealerships Closing

Leasing Availability Down

Fuel Prices Down

Commodity Prices Coming Down

Jim Burke

Vice President and Chief Financial Officer

SMP Overview – 40,000 Foot View

Stable Revenues – $700 to $800 MM

Restructuring Efforts – Maintain Global Competitiveness 2003-2005

Dana Integration

2006-2007 Exit UK Manufacturing Establish Low Cost Poland Manufacturing Site

2007-2008 REMFG Compressors to Reynosa, MX Puerto Rico & LIC, NY MFG to Reynosa, MX

Restructuring Impact on EBITDA

Restructuring Impact on EBITDA w/o Special Items

2002Pre-Dana

2003-05 Integration

2006-072008

Integration

EBITDA $50 MM $38-41 MM $53-57 MM $31 MM

Key Takeaway is the Health of our Core Business in the $45-50 MM Range Excluding Integration Years

SMP Debt Load

Debt Load 2002 2003-05 2006-07 2008 2009

December $177 MM $218-248 MM $238-255 MM $194 MM

Debt Reduction

<$61 MM>

Debt/EBITDA 3.5 (x) 5.7-6.8 (x) 4.2-4.9 (x) 6.3 (x)3.0-3.5 (x)

Range

Key Priorities

Generate Cash Reduce Debt Redeem Convertible Debentures

Original Issue $90 MM 6.75% Coupon 10 Year Life Due July 15, 2009

Key Priorities

2008 Actions Generate Cash/Reduce Debt

Sale of LIC HQ Building Reduced Inventory by $20 MM Reduced AR Closed DC in Reno Reduced Headcount

Total Debt Reduction in 2008 $61 MM

Repurchased $45 MM Bonds at Discount

Key Priorities

2009 Actions Generate Cash/Reduce Debt

Reduced Inventory by $27 MM Additional AR Reduction Suspend 2009 Quarterly Dividend 2009 Salary Increase Eliminated Capex Reduction Early Retirement Program

Debt Reduction Through April $26 MM

Key Priorities

2009 Actions May 6, 2009 exchanged $12.3 MM

old bonds for new bonds Coupon 15% Due April 15, 2011 Strike Price $15.00

Key Priorities

The Result of 2008 and 2009 Actions

Remaining $32 MM Bonds Will Be Retired on Schedule – July 15, 2009

Debt : EBITDA Ratio Significantly Improved

First Quarter 2009 Results

1st Quarter Income Statement

(in millions)1st Q 2009 1st Q 2008

Amount % of Sales Amount % of Sales

Net Sales 172.2$ 100.0% 208.1$ 100.0%

Gross Profit 40.9 23.8% 51.2 24.6%

SG&A Expenses 36.0 20.9% 43.9 21.1%

Restructuring 1.2 0.7% 2.8 1.3%

Operating Profit 3.7 2.1% 4.5 2.2%

Other Income/(Loss) 0.1 20.4

Interest Expense 2.5 4.1

Income Taxes 0.5 7.4

Earnings from Continuing Ops. 0.8$ 13.4$

Diluted Earnings Per Share:Continuing Operations 0.04$ 0.68$

1st Quarter Income Statement Non - GAAP

(in millions)

1st Q 2009 1st Q 2008Amount % of Sales Amount % of Sales

Net Sales 172.2$ 100.0% 208.1$ 100.0%

Gross Profit 40.9 23.8% 51.2 24.6%

SG&A Expenses 36.0 20.9% 43.9 21.1%

Operating Profit 4.9 2.8% 7.3 3.5%

Other Income/(Loss) (0.2) 0.8

Interest Expense 2.5 4.1

Income Taxes 0.9 0.9

Earnings from Continuing Ops. 1.3$ 3.1$

Diluted Earnings Per Share:Continuing Operations 0.07$ 0.17$

Condensed Balance Sheet

Actual 1st Qtr 2009, 2008 (in millions)

Dollars Ratios2009 2008 2009 2008

Cash and Equivalents 11.0$ 14.6$ Accounts Receivable/DSO 181.7 257.0 97 119Inventory/Turns 212.2 250.5 2.0 2.1Other Assets 153.3 200.1 Total Assets 558.2$ 722.2$

Current Liabilities 144.7$ 161.6$ Total Debt/Debt to Cap Ratio 184.3 270.9 53.2% 57.4%Other Liabilities 66.9 88.7 Total Liabilities 395.9$ 521.2$

Equity/Debt to Equity Ratio 162.3 201.0 1.14 1.35Total Liabilities and Equity 558.2$ 722.2$

Reconciliation of GAAP and Non-GAAP Measures

(in thousands, except per share amounts)

2009 2008Earnings From Continuing Operations

GAAP Earnings From Continuing Operations 787$ 13,347$

Restructuring and Intergration Expenses (Net of Tax) 707 1,702

Loss From Extinguishment of Debt (Net of Tax) - 882

Gain From Sale of Building (Net of Tax) (157) (12,875)

Non-GAAP Earnings From Continuing Operations 1,337$ 3,056$

Diluted Earnings Per Share From Continuing Operations

GAAP Diluted Earnings Per Share From Continuing Operations 0.04$ 0.68$

Restructuring and Integration Expenses (Net of Tax) 0.04 0.09

Loss From Extinguishment of Debt (Net of Tax) - 0.05

Gain From Sale of Building (Net of Tax) (0.01) (0.65)

Non-GAAP Diluted Earnings Per Share From Continuing Ops. 0.07$ 0.17$

3 Months Ended March 31,

(Unaudited)

Plans For Future

Expand Low Cost Manufacturing

Expand Low Cost Purchasing

New Business

Accomplishments and Trends

Low Cost Manufacturing

16%

29%

38%

% production labor hours in low cost facilities

46%

2005 2007 2008 2009 Estimate

Accomplishments and Trends

Low Cost Purchasing

2005 2007 2008

38%42% 47%

% purchased from low cost suppliers

2009 Estimate

50%

Accomplishments and Trends

New Business Wire and Cable

Acquired FM Wire & Cable Product Line

New Aftermarket Business Engine Management Temperature Controls

Thank YouStandard Motor Products, Inc.

Annual Meeting of ShareholdersMay 21, 2009