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I did the same on my '89 -240....don't bother with the EZ Out, just drill it out. You need a new bolt anyways. Keep drilling with progressivly bigger bits. I ended up retapping the hole. It is a metric 10, which is relativly common, but I went with a S.A.E. sized tap which everyone has(or at least knows someone that does)I think I ended up with a 3/8" (which was oversized)but then went to the coffee can full of bolts and found a grade 5 bolt. Unless you get the correct bolt from the dealer,if they have it in stock,You'll go nuts looking for a metric that will be strong enough. I was in the same spot(car at a friends garage) and didn't have the time,nor the inclination to screw around.I drilled, retapped, and rebolted in less than an hour.Later, as I got more time, I did the same procedure to the other 3 calipers and brackets. I was lucky, when I got home I found some teflon coated bolts that I 'acquired' in my travels so I shouldn't have that problem again on this car. Besides what are the chances of finding the correct bolts, in good condition, at the boneyard.
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