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Nissan North America Reports May Sales

    GARDENA, Calif.--June 3, 2003--Nissan North America, Inc. (NNA) reported May total sales of 70,967 for its Nissan and Infiniti divisions, a 6.7 percent increase versus May of last year. NNA reports selling 307,802 units calendar year-to-date, a 2.8 percent decrease from last year at this time.

    INFINITI HIGHLIGHTS

-- Infiniti, the luxury division of NNA, had its best month ever with 11,149 units sold
-- Calendar year-to-date sales for Infiniti are up 35.1 percent, totaling 46,325 units

    NISSAN HIGHLIGHTS

    -- Nissan-brand sales for May are up 2.1 percent when compared to
    last May, with 59,818 units sold

    -- Sales for Nissan-brand vehicles are down 7.4 percent calendar
    year-to-date with 261,477 units sold

    NNA INFORMATION

    -- Combined May sales for Nissan and Infiniti totaled 70,967
    units, a 6.7 percent increase from last May

    -- Sales of NNA's North American-produced vehicles for May
    totaled 44,218, representing 75.2 percent of all NNA vehicles
    sold in the United States

    -- Calendar year-to-date sales total 307,802 units, down 2.8
    percent

    In North America, NNA's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. More information on NNA and the complete line of Nissan and Infiniti vehicles can be found online at www.nissannews.com or by contacting the corporate media line at 310-771-5631.



INFINITI DIVISION SALES

                   May     May   Monthly     CYTD     CYTD   CYTD DSR
                                  DSR
                   2003    2002  % Change     2003     2002  % Change

Infiniti
 Division Total  11,149   7,633      40.7%  46,325   34,019      35.1%
I35/I30           1,420   2,076     -34.1%   6,120   11,954     -49.2%
G35 Sport Sedan   3,278   3,298      -4.3%  14,317    8,731      62.7%
G35 Sport Coupe   2,978       0       N/A   10,761        0       N/A
M45                 298       0       N/A    1,645        0       N/A
Q45                 190     294     -37.8%   1,008    1,676     -40.3%
QX4                 645   1,166     -46.7%   3,968    6,832     -42.4%
FX                2,339       0       N/A    8,495        0       N/A
Total Car         8,165   6,467       4.5%  33,862   27,187      23.6%
Total Truck       2,984   1,166     146.4%  12,463    6,832      81.0%

NISSAN DIVISION SALES

                   May     May   Monthly     CYTD     CYTD   CYTD DSR
                                  DSR
                   2003    2002  % Change     2003     2002  % Change

Nissan Division
 Total           59,818  56,427       2.1% 261,477  280,275      -7.4%
Sentra            8,613   9,261     -10.4%  38,338   45,332     -16.1%
Altima           17,228  19,070     -13.0%  80,411   84,686      -5.8%
Maxima            9,262   7,310      22.0%  38,761   49,974     -23.0%
350Z              3,568       0       N/A   16,783        0       N/A
Total Car        38,673  35,641       4.5% 174,432  180,004      -3.9%
Frontier          5,713   7,020     -21.6%  24,484   31,757     -23.5%
Xterra            6,427   6,885     -10.1%  24,943   33,152     -25.3%
Pathfinder        3,214   5,123     -39.6%  14,522   26,879     -46.4%
Murano            5,568       0       N/A   20,471        0       N/A
Quest               223   1,758     -87.8%   2,625    8,483     -69.3%
Total Truck      21,145  20,786      -2.0%  87,045  100,271     -13.9%
North American
 Produced        44,218  43,994      -3.2% 184,614  203,411      -9.9%
Car              31,855  28,331       8.3% 132,562  130,019       1.2%
Truck            12,363  15,663     -24.0%  52,052   73,392     -29.6%
Import           15,600  12,433      20.8%  76,863   76,864      -0.8%
Car               6,818   7,310     -10.2%  41,870   49,985     -16.9%
Truck             8,782   5,123      65.1%  34,993   26,879      29.2%


COMBINED NISSAN AND INFINITI SALES

                   May     May   Monthly     CYTD     CYTD   CYTD DSR
                                  DSR
                   2003    2002  % Change     2003     2002  % Change

TOTAL VEHICLE    70,967  64,060       6.7% 307,802  314,294      -2.8%
Total Car        46,838  42,108       7.1% 208,294  207,191      -0.3%
Total Truck      24,129  21,952       5.8%  99,508  107,103      -7.8%
Selling Days         27      26                128      127



    All numbers include Hawaii. Percent changes based on DSR.