MG Motors to Announce Plans for North American Headquarters and Production Facilities in Oklahoma

   WHO:          MG Motors North America, Inc.

   WHAT:         To announce the company's plans to establish their North
                 American and European headquarters in Oklahoma, production
                 facilities in Oklahoma, and begin production in North
                 America.

   WHEN/WHERE:   Wednesday, July 12, 2006

                 Oklahoma City News Conference
                 9:00 am CDT
                 Meeting Room 4
                 Cox Convention Center, One Myriad Gardens
                 Oklahoma City, Oklahoma USA

                 Media Teleconference
                 10:15 am CDT
                 United States:  888-428-4480
                 International:  651-291-5254
                 Name of conference:  MG Announcement

PLEASE NOTE: A media kit will be available at http://www.mginoklahoma.com/ Wednesday, July 12, 2006 by 9:00 am CDT.

PRNewswire -- July 11