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Kia Announces 11th Consecutive Year of Record Sales

December Sales Up Eight Percent, Year-to-Date Sales Up 14-Percent

IRVINE, Calif., Jan. 4 -- Kia Motors America (KMA) today posted record sales numbers for the month of December and announced the company's eleventh consecutive year of sales increases. With an eight percent increase over the same month last year, the company sold 20,108 vehicles in December, bringing KMA's year-to-date sales to 270,055 -- a 14-percent increase over 2003.

"In 2004 we saw the positive effects of a more upscale product mix move the overall Kia brand appeal to a broader audience," said Peter M. Butterfield, Kia president and chief executive officer. "The Optima mid-size sedan, Sedona mini van and Sorento midsize SUV continued to drive sales, with record gains for the year. And now as we re-enter the compact SUV market with the all-new Sportage arriving at dealers in February and prepare for the launch of the redesigned Rio and Sedona, we'll offer even more quality and value choices for American consumers in 2005."

The Optima, Sedona and Sorento each posted their best year ever in total sales. Optima sales were up 29-percent in December, with total sales for the midsize sedan reaching 53,492 for 2004 -- a 54-percent year-over-year increase. Sorento SUV sales were up 11-percent in December and 30-percent for the year, reaching 52,878 total units sold. And Sedona posted a 21-percent increase for the year totaling 61,149 units.

Kia Motors America is the U.S. sales, marketing and service arm of Kia Motors Corp. in Seoul, South Korea.

                           MONTH OF DECEMBER           YEAR-TO-DATE
  Model                     2004        2003         2004         2003
  Optima                   5,428       4,195       53,492       34,681
  Rio                      1,609       2,514       38,518       41,285
  Sedona                   3,741       4,310       61,149       50,628
  Spectra                  2,878       2,753       44,004       63,049
  Sportage                    56          28          120        5,616
  Sorento                  4,362       3,919       52,878       40,787
  Amanti                   2,034         856       19,894        1,425

  Total                   20,108      18,575      270,055      237,471

                       TOTAL U.S. SALES OF KIA VEHICLES

                   1994      1995         1996       1997        1998

  January           605      1,227       1,508       2,624       7,197
  February          626      1,053       1,887       2,529       6,196
  March             638      1,309       2,197       3,093       6,082
  April             714      1,256       2,300       3,541       5,530
  May             1,010      1,907       3,481       4,917       6,301
  June            1,053      1,665       4,401       3,992       9,215
  July            1,106      2,662       3,241       5,024      10,095
  August          1,368      2,881       4,229       6,321       8,016
  September       1,528      2,729       3,780       7,123       7,355
  October         1,207      2,437       3,797       5,913       8,634
  November        1,156      2,640       3,174       5,317       4,730
  December        1,152      2,974       2,279       4,931       3,542

  Total          12,163     24,740      36,274      55,325      82,893

                  1999      2000     2001      2002      2003      2004

  January         9,461     8,143   12,513    16,574    18,524    17,029
  February        6,703    11,392   12,665    17,509    17,769    18,586
  March          11,400    12,729   19,159    21,478    21,353    23,769
  April          10,606    12,422   16,060    20,366    19,542    23,438
  May            12,795    13,709   20,048    22,790    22,007    25,443
  June           13,593    16,140   21,188    22,498    20,311    27,636
  July           13,136    12,300   19,405    23,061    24,009    23,637
  August         13,138    16,454   23,276    23,564    24,758    21,132
  September      11,846    16,438   20,585    18,179    19,269    23,001
  October        10,641    13,726   24,523    17,960    15,181    22,973
  November       11,820    12,643   16,940    18,741    16,173    23,303
  December        9,455    14,510   17,365    14,625    18,575    20,108

  Total         134,594   160,606  223,727   237,345   237,471   270,055