Subaru of America, Inc. Announces Sales Results for January; Forester Sales Up 11 Percent

    CHERRY HILL, N.J., Feb. 3 -- Subaru of America, Inc. (SOA),
the only automobile manufacturer to feature a complete line of all-wheel drive
vehicles, today announced January sales of 12,872 units.  The total represents
a slight decline from January 2002 sales.
    The Legacy model line achieved a sales total of 5,707 units, while Subaru
Outback recorded sales of 3,820 units for the month.  Subaru Forester recorded
sales of 3,883 units, an 11 percent increase from January 2002.  The Impreza
line recorded sales of 2,640 units for the month.  Sales of the Baja model
recorded a total of 642 units for the month.
    Subaru today also announced Lance Armstrong as their new advertising
campaign spokesperson.  Armstrong, four time winner of the Tour de France,
will represent Subaru in a new advertising campaign for the Outback, Forester,
Baja and WRX.  The theme of the new advertising will be "Subaru. Driven by
What's Inside."
    For additional information about Subaru of America, Inc. and Subaru
vehicles, visit our media website at http://www.media.subaru.com.

    About Subaru of America, Inc.
    Subaru of America, Inc. is a wholly-owned subsidiary of Fuji Heavy
Industries Ltd. of Japan.  Subaru pioneered the concept of the passenger
car/sport-utility vehicle with the introduction of the Subaru Outback, the
"World's First Sport Utility Wagon."
    Headquartered near Philadelphia, the company markets and distributes
Subaru vehicles, parts and accessories through a network of nearly 600 dealers
across the United States.  Over the past nine years, the company has achieved
year-over-year retail sales increases thanks to its popular line of car-based
sport utility vehicles, and is among the fastest growing brands in the
automobile industry.

      Contact:  Leah Lovero
                Subaru of America, Inc.
                (856) 488-3212
                Llovero@subaru.com