Subaru November Sales Up 4% Year-to-Date; Baja Sales Up 12% From Last Year

CHERRY HILL, N.J., Dec. 2, 2003 -- Subaru of America, Inc., the only car company that offers Symmetrical All-Wheel Drive as standard equipment on every vehicle in its product line, reported November sales of 13,088 units. This total represents a four percent increase in sales year-to-date. Baja sales also recorded an increase of 12 percent from last year.

Subaru Baja recorded sales of 679 units for the month, up 12 percent from November 2002. The Legacy model line sales totaled 5,278 units, while the Subaru Outback recorded sales of 3,650 units for the month. The Impreza line recorded 2,628 units, while Forester posted sales of 4,503 units.

For a complete sales chart and additional information about Subaru of America, Inc. and Subaru vehicles, visit our media website at 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. Headquartered near Philadelphia, the company markets and distributes all-wheel drive Subaru vehicles, parts and accessories through a network of nearly 600 dealers across the United States. Subaru is the only car company that offers Symmetrical All-Wheel Drive as standard equipment on every vehicle in its product line. Subaru has been the best- selling import wagon in America for the past 20 years, based on R.L. Polk & Company new vehicle retail registration statistics calendar year-end 2002.