Nissan Foundation Seeks Grantees for 2005; Charitable Contribution Arm of Nissan North America Announces Geographic Expansion

GARDENA, Calif.--Nov. 1, 20046, 2004--The Nissan Foundation, a charitable giving arm of Nissan North America, Inc. (NNA), is currently seeking grantees for its 2005 grant year. Nonprofit organizations in Southern California, North Central Texas, Middle Tennessee, South Central Mississippi and now Eastern Michigan, are encouraged to apply with projects that support the Foundation's mission to build community by valuing cultural diversity and create career potential for young adults in the automotive industry.

"The Nissan Foundation is committed to enriching people's lives and adding value to the communities in which Nissan operates," said Jim Morton, president of the Nissan Foundation. "Through the Foundation, we seek to build proactive relationships with nonprofit organizations that exemplify exceptional achievements and positively impact the community."

NNA founded the Nissan Foundation with a $5,000,000 endowment in 1992. The mission of the Foundation at that time was focused specifically on supporting economic development in South Central Los Angeles.

However, over the past 12 years, the Nissan Foundation donated over $2 million to more than 80 nonprofits to promote economic development, job creation and academic advancement in Southern California, North Central Texas, Middle Tennessee and South Central Mississippi.

The Nissan Foundation is continuing to expand its geographic reach in 2005, which will now include Eastern Michigan, the site of Nissan's research and engineering facility. In addition, the Foundation is increasing its investment in the community by increasing the size of its endowment to $10 million by 2007.

"Since its incorporation in the U.S. over 40 years ago, NNA has demonstrated a strong commitment in taking an active role in its local communities," added Morton. "The Nissan Foundation is part of a multi-million dollar annual investment in the U.S. that Nissan makes to hundreds of community organizations and programs across the country. These programs and organizations reflect the diverse interests of both our employees and our customers."

The first step to apply for a grant from the Nissan Foundation requires organizations to meet the Foundation's eligibility requirements and to submit a "Letter of Intent" or LOI. LOIs are due to the Nissan Foundation by Friday, December 17, 2004. For more information about the Nissan Foundation and its application process, visit http://www.NissanUSA.com/insideNissan/CorporateOutreach.

About the Nissan Foundation

Established in 1992, the mission of the Nissan Foundation is to build community through valuing cultural diversity and to create career potential for young adults in the automotive industry. The Nissan Foundation is part of Nissan North America's commitment to "enrich people's lives" by helping to meet the needs of communities throughout the United States through philanthropic investments, corporate outreach sponsorships, in-kind donations and other charitable contributions. More information on the Nissan's community relations activities can be found online at www.NissanUSA.com.

About Nissan North America, Inc.

In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. More information on Nissan North America and the complete line of Nissan and Infiniti vehicles can be found online at www.NissanUSA.com and www.infiniti.com.