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

OKLAHOMA CITY, July 12, 2006: MG Motors North America, Inc., has announced plans for the revival of the historic MG brand of automobiles and establish their North American and European headquarters and production facilities in Oklahoma, and that they will begin production in North America.

A formal press conference will take place today at 9AM CDT at the Cocks Convention Center. Our old friend Kim Custer (formerly with KIA Motors and Mitsubishi Motors) will lead the conference. Additional information will be available at www.MGinOklahoma.com.