Mitsubishi Motors Finalizes Sale of Mitsubishi Fuso Shares to DaimlerChrysler

Tokyo, Japan, Mar. 18, 2004 - (JCN Newswire) - Mitsubishi Motors
Corporation today finalized the sale of 22
percent of its 42 percent stake in Mitsubishi Fuso Truck and Bus
Corporation (MFTBC) to DaimlerChrysler . To complete the
deal, DaimlerChrysler today paid MMC 52 billion yen. 

DaimlerChrysler now holds a 65 percent stake in MFTBC, MMC has a 20
percent stake, and Mitsubishi group companies (Mitsubishi Heavy
Industries, Mitsubishi Corporation, The Bank of Tokyo-Mitsubishi, and
others) retain their combined 15 percent stake.


About Mitsubishi Motors Corporation

Mitsubishi Motors Corporation was established in 1970 and is
one of the few automobile companies in the world that produces a full
line of automotive products ranging from 660-cc mini cars and passenger
cars to commercial vehicles and heavy-duty trucks and buses. The company
also operates consumer financing services and provides this to its
customer base. Automobile operations accounted for 98% of fiscal 2000
revenues and financing business, 2%. The company has one hundred and
eighty nine consolidated subsidiaries worldwide. Overseas sales
accounted for 56.8% of fiscal 2000 revenues. Mitsubishi Heavy
Industries, Ltd. is the major shareholder with 25.62% of issued
stock.For further information, please visit the Mitsubishi Motors
Corporation home page at: www.mitsubishi-motors.co.jp
<http://www.mitsubishi-motors.co.jp> 

About DaimlerChrysler Japan

For further information, please visit the DaimlerChrysler Japan home
page at: www.daimlerchrysler.co.jp/index_e.html
http://www.daimlerchrysler.co.jp/index_e.html>