Mitsubishi Electric Automotive America Receives General Motors Supplier of the Year Award; Company's Maysville, Ky., Plant Earns Award for Fifth Straight Year

NORTHVILLE TOWNSHIP, Mich.--April 6, 2004--Mitsubishi Electric Automotive America, Inc. (MEAA) has received the 2003 General Motors (GM) Supplier of the Year award for its business performance for the fifth consecutive year. The award was presented at a ceremony on Saturday, April 3, 2004, in Prague at the Hilton Prague Hotel's Congress Hall.

MEAA supplies ignition coil modules from its Maysville, Ky., plant for engines used in GM trucks worldwide. It is one of only 77 suppliers to receive the award. Winners are chosen for excellence in quality, service, technology and price.

"Mitsubishi Electric is representative of the type of company we want to grow with as we drive to be the best worldwide," said Bo Andersson, vice president, GM Worldwide Purchasing Production Control & Logistics. "Mitsubishi Electric has a balanced focus on performance and behavior that supports GM's priorities. It is a role model for all our suppliers."

Mickey Kurisaki, MEAA president and CEO said, "Mitsubishi Electric's commitment to high quality and service goes back many years, as does our relationship with General Motors. We appreciate our fifth consecutive GM supplier of the year award, and look forward to many continued years of service."

The GM Supplier of the Year award began as a global program in 1992. Award-winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics.

About Mitsubishi Electric Automotive America

Mitsubishi Electric Automotive America, a U.S. subsidiary of Mitsubishi Electric Corporation, was established in 1979 in response to the continued growth of the North American automotive business, particularly for electronics. MEAA offers all aspects of engineering, manufacturing, sales and marketing, distribution and service of electrical and electronic systems and components for automobile manufacturers and industrial engine manufacturers. MEAA has close to $650 million in annual sales and 900 employees in North America. For more information about Mitsubishi Electric Automotive America, visit www.meaa-mea.com.

About Mitsubishi Electric

With over 80 years of experience in providing reliable, high-quality products to both corporate clients and general consumers, Mitsubishi Electric Corporation is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment. Our products extend to markets as far reaching as information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. For more information, visit http://global.mitsubishielectric.com.