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Porsche U.S. Sales up Thirty-Three Percent Through June 1998

3 July 1998

Porsche U.S. Sales up Thirty-Three Percent Through June 1998

    Sales Reflect a Seventy-Five Percent Gain in Boxster and Fifty Percent
                      Increase in Sales for 911 Carrera

    ATLANTA, July 3 -- Porsche Cars North America, importer and
distributor of Porsche sports cars in the United States, today announced sales
and stock figures for the month of June 1998.  Figures reflect a 75% increase
in sales for the Boxster, and a 50% increase in sales for the model runout of
the 1998 911 Carrera, and the all-new 1999 911 Carrera.  The result
contributes to a 33% sales increase for the 1998 calendar year to date.

    MODEL              June 98    June 97      YTD 98    YTD 97 Dealer Stock

    Boxster              1085        712        5818     3324         136

    911 (1998)
    Carrera Coupe           0         56          16      687           1
    Carrera Targa           1         20          36      289           0
    Carrera Cabriolet       2        160         438     1231           9
    Carrera S               2        116         231      613           1

    911 Carrera 4           1         18          70      402           2

    Carrera Turbo           0         61           1      442           0
    And Turbo S

    911 (1999)
    Carrera Coupe         661          0        2292        3         189
    Carrera Cabriolet     196          0         409        1          29

    Subtotal/911          857          0        2701        4         218

    TOTAL                1948       1143        9311     6992         367

    If you have any questions, please contact Bob Carlson at 770-290-3676.