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Daewoo Posts 350% Sales Increase

3 June 2000

May 2000 sales continue Daewoo Motor America's record sales pace.

    COMPTON, Calif. - Public recognition of Daewoo's industry first Customer 
Maintenance Allowance, that provides the owner of any Daewoo automobile up to 
$1000 in maintenance for the first 3 years or 36 thousand miles of ownership and 
the Daewoo Savings Time APR program, (now extended through June 30, 2000)
continues to propel Daewoo's sales momentum.

    May's 5505 sales represent a 218% increase over May 1999.

    Daewoo remains the fastest growing Car Company in America with year to
date sales of 27,185; a 350% increase over the first five months of 1999.

    Daewoo's exceptional line-up of price/value models is expected to set new
sales records in June as the summer selling season begins.

                         MAY 1999       YTD       MAY 2000        YTD
    Leganza                1365         3672        1855          9875
    Nubira                  583         1800        1742          8492
    Lanos                   573         2295        1908          8818
      Total                2521         7767        5505         27185

    Daewoo Motor America, Inc. is based in Compton, CA and is the U.S.
subsidiary of Daewoo Motor headquartered in Seoul, Korea.  Daewoo Motor
America currently sells the subcompact Lanos, the compact Nubira and the mid
size luxury sedan Leganza through an expanding network of retail operations
nationwide now totaling nearly 400 locations.