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Grupo Dina Completes USD 30 Million Note Placement

7 July 1997

Grupo Dina Completes USD 30 Million Note Placement

    MEXICO CITY, July 3 -- Consorcio G Grupo Dina, S.A. de C.V.
(NYSE: DIN, DINL), through its indirect subsidiary MCII Buses (USA), Inc., has
successfully completed the placement of USD 30 million of Guaranteed Pre-
Export Notes with international investors.  These six month securities carry a
10.00% coupon and a maturity date of November 26, 1997.  Repayment of the
Notes is guaranteed by Consorcio G Grupo Dina and Dina Autobuses on a joint
and several basis.  Proceeds of the issue will be used primarily by Mexico-
based Dina Autobuses for working capital requirements related to the
manufacture of motor coaches by Autobuses for export sale into the United
States.  The note issue was structured and placed by The Weston Group, a
merchant banking firm based in New York.
    "This note issue is providing additional working capital for our Mexican
motor coach manufacturing operations to support the expansion of our export
sales into the United States," stated Guillermo Kareh Aarun, Chief Executive
Corporate Officer of Grupo Dina.  "We are pleased to see that the
international investment community is recognizing the strong operating
performance that Grupo Dina has continued to maintain in the United States
through Motor Coach Industries and the turnaround that the Company is
experiencing in its local Mexican markets."
    Grupo Dina is one of the leading suppliers of intercity coaches in North
America and of medium-duty and heavy-duty trucks and tractor trailers in
Mexico.  The group operates in the United States under its wholly owned
subsidiary, Motor Coach Industries International, Inc. ("MCII").  MCII is the
leading manufacturer of intercity coaches in the United States, with a market
share consistently in excess of 50%.  MCII's coaches are used primarily for
intercity regularly scheduled passenger service, tour and charter service and
suburban commuting.  In addition, MCII is one of the largest distributors of
replacement parts to the combined intercity coach and transit bus industries
in the United States and Canada.  In 1995, MCII began marketing in the United
States an intercity coach manufactured in Mexico by Grupo Dina.  This coach,
the Viaggio, is used primarily for tour and charter service and intercity
regularly scheduled passenger service.
    MCII Buses (USA), Inc. is a Delaware based corporation that is a wholly
owned subsidiary of Dina Autobuses, itself a wholly owned subsidiary of MCII.
The notes are issued under New York law with Bank of New York as Indenture
Trustee.  The Notes were sold at a slight discount to par and, net of fees and
expenses, provided the company with net proceeds of USD 29.4 million.
    The Weston Group is a leading investment bank focusing on the Latin
American securities markets.

SOURCE  Consorcio G Grupo Dina, S.A. de C.V.