Daewoo Motor America Dedicates New Atlanta Parts Distribution Center

    COMPTON, Calif., and ATLANTA, April 23 Addressing more than 200 Daewoo dealers, state and local Georgia
government officials and members of the press, president and CEO of Daewoo
Motor America, D.J. Lee faced the issue of Daewoo's future head on when he
stated, "To us, it's very clear, and ceremonies like this one today provide an
insight into Daewoo's future which is bright and includes a strong,
competitive presence in this (U.S.) market."
    
    The new 132,000 square foot Parts Distribution Center dedicated on April
6, not only houses parts to service over 260 Daewoo dealers in 24 states but
additionally serves as Daewoo's Southeastern Regional Office and Training
Center.  The structure is a multipurpose, multifunctional facility designed
using the latest in technology and innovation.

    Capable of warehousing more than $20,000,000 in inventory the PDC, when
fully staffed, will employ 21 people.  The Southeast Region Office and
training center accounts for 29 additional Daewoo employees.

    "Daewoo's steady sales growth and expanding customer base influenced the
company to add a new location.  Daewoo and it's more than 500 dealers are
committed to customer satisfaction and the foundation of that commitment is
the ability to deliver the right part to the right place on time," stated Ben
Rainwater, vice president of parts and service.

    In just less than three years Daewoo Motor America has grown from
15 dealers to well over 500 throughout the United States.  Sales have exploded
from a 1999 total of 30,787 units to 68,360 in 2000, finishing the second full
year of business with a 122% increase.  Sales in 2001 are keeping pace with
growth expectations.