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Porsche(R) to Inspect Cayenne(R) Rear Seat Belt Buckles

ATLANTA, May 25, 2004 -- Porsche Cars North America, Inc. today announced it will inspect 20,198 Porsche Cayenne sport utility vehicles sold in the United States and Canada to determine the condition of the pins that hold the rear seat belt buckles in place.

There is a possibility that the pins linking the belt buckles to their anchorages have been manufactured incorrectly, which could lead to a situation where the pin separates from the belt buckle.

Porsche believes the condition exists in less than 1 percent of the 20,198 vehicles, all of which were built between Oct. 1, 2002 and December 17, 2003.

The seat belt systems for the driver and front passenger are not affected by this measure. Porsche knows of no case of accident or injury resulting from the failure of a Cayenne rear seat passenger restraint system.

Porsche will notify owners of the involved vehicles in writing. There will be no charge to the customer for the inspection of the seat belt buckles or related repairs. The inspection will take approximately 20 minutes to complete.

Porsche is applying the same measure to Cayennes sold in markets around the world.

PCNA, based in Atlanta, Ga., and its subsidiary, Porsche Cars Canada, Ltd., are the exclusive importers of Porsche sports cars and Cayenne sport utility vehicles for the United States and Canada. A wholly-owned, indirect subsidiary of Dr. Ing. h.c. F. Porsche AG, PCNA employs approximately 250 people who provide Porsche vehicles, parts, service, marketing and training for its 204 U.S. and Canadian dealers. They, in turn, provide Porsche owners with best-in-class service.