Mitsubishi Motors Reports February U.S. Sales

CYPRESS, Calif., March 2, 2006: Mitsubishi Motors North America, Inc., (MMNA) reported on Wednesday that February sales of 7,976 units, an increase of 6.8% compared to January sales of 7,469.

"We always anticipated that our sales in February 2006 would soften compared to February 2005*, because of our commitment to reduce our fleet sales," said President & CEO Hiroshi Harunari. "However, we are pleased that in the current context, our sales are growing month-to-month."

   -- Galant was the volume leader at 1,898, up 19.6% from last month's
      volume.
   -- Eclipse closed at 1,725 and was up 10.6% from last month's volume and
      up 59.7% from last year's volume.
   -- Outlander closed at 1,061 and was up 47% from last month's volume and
      up 13.6% from last year's volume.

"We are excited at the prospects for a very strong March, with the implementation of an aggressive national leasing program on Galant ($199/month) and Endeavor ($299/month)," added Harunari. "This momentum will grow even further this spring with the launch of our exciting all-new Eclipse Spyder convertible."

* - February 2005 sales were 12,477