yes it means the cat is dying and isn't working in the range that it should be

the light may go on and off for awhile but it will go constatnt at some point


take it to the dealer now as you have a short time til the 80k warrenty ends on the cats


- 95 Mystique LS - Zetec/5spd - 99 Contour SeVT Sport - Duratec/5spd Official NE-CEG Contour/Mustang Family