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Jaguar Reports June Sales

6 July 1998

Jaguar Sales Increase in June and First Half of 1998
    MAHWAH, N.J., July 6 -- Jaguar Cars today announced total
sales of 1,685 for the month of June, up 11.6 percent* compared with June
1997.  In addition, sales for the first six months of 1998 totaled 10,689, an
improvement of 17 percent compared with the same period a year ago.
    Marking the eighth consecutive month of year-over-year sales improvement,
Jaguar sold 1,206 sedans and 479 sports cars during June.  Year-to-date, the
company delivered 7,526 sedans and 3,163 sports cars.
    "We're providing customers with what they are looking for in a prestige
car," said Mike Dale, president of Jaguar Cars North America.  "Jaguar offers
that unique combination of luxury and performance in a beautifully styled
automobile.  Our sales continue to prove that point month over month."
    Jaguar sales are up in Canada, too.  June sales totaled 123 cars, up
23 percent compared with June 1997.  Year-to-date sales in Canada of
683 sedans and sports cars are 26 percent better than the same period a year
ago.
    The award-wining Jaguar XK8 convertible and coupe have continued Jaguar's
sports car heritage.  The XK8 features the 4.0-liter AJ-V8 engine as well as
Jaguar's distinctive styling both inside and out.  Jaguar introduced the AJ-V8
engine in its sedans for the 1998 model year.  In addition, the cars' elegant
wood and leather interior was redesigned to accommodate upgrades such as side
airbags.

    JUNE U.S. NEW-VEHICLE RETAIL SALES
              XJ6/8    XJ6/8      VDP       XJR     XJ12      4-Door   XJS
                         L                                            Cpe 12
    June 98   525     235       340      106      0       1,206     0
    June 97   351     279       231       26      0         887     0

                XJS       XJS      XJS     XK8    XK8     2-Door     TOTAL
               Cpe 6    Cnv 12    Cnv 6    Cpe    Cnv
    June 98      0         0        0      56     423       479      1,685
    June 97      0         0        2      76     545       623      1,510

    YTD U.S. NEW-VEHICLE RETAIL SALES
                XJ6/8     XJ6/8      VDP     XJR   XJ12   4-Door    XJS
                            L                                     Cpe 12
    98 YTD      2,948     1,591     2,294    693     0     7,526     0
    97 YTD      1,748     1,970     1,431    270    43     5,462     0

                XJS      XJS       XJS       XK8     XK8    2-Door     TOTAL
               Cpe 6   Cnv 12     Cnv 6      Cpe     Cnv
    98 YTD       0        0         0        364    2,799    3,163    10,689
    97 YTD       0        4        43        596    3,031    3,674     9,136

    JUNE CANADIAN NEW-VEHICLE RETAIL SALES
               XJ6/8     VDP       XJR     XJ12   4-Door    XJS
                                                           Cpe 12
    June 98     41       41        17        0      99       0
    June 97     24       33         8        0      65       0

                XJS      XJS       XJS      XK8     XK8   2-Door    TOTAL
               Cpe 6    Cnv 12    Cnv 6     Cpe     Cnv
    June 98      0        0         0        7      17      24       123
    June 97      0        0         0        7      28      35       100

    YTD CANADIAN NEW-VEHICLE RETAIL SALES
              XJ6/8     VDP        XJR      XJ12   4-Door   XJS
                                                           Cpe 12
    98 YTD     198      228        83        0      509      0
    97 YTD     120      162        45        1      328     --

               XJS      XJS        XJS       XK8     XK8    2-Door   TOTAL
              Cpe 6   Cnv 12      Cnv 6      Cpe     Cnv
    98 YTD      0        0          0        42      132     174      683
    97 YTD     --       --          1        54      158     213      541

    Notes:  *Not adjusted for differing number of selling days.
             VDP = Vanden Plas