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Grupo Dina Pays Interest On Convertible Bonds

31 July 1998

Grupo Dina Pays Interest On Convertible Bonds

    MEXICO CITY, July 31 -- Consorcio G Grupo Dina, S.A. de C.V.
(NYSE: DIN, DINL), Mexico's largest producer of trucks and buses, today
announced that on July 15, 1998 it had made the interest payments on its
convertible bond due 2004.
    The Company reaffirms that the timely payment of the interest on its
obligations is a leading priority to continue with the refinancing, as
previously announced.
    Grupo Dina is a leading supplier of medium and heavy-duty trucks and
intercity coaches in Mexico and, through MCII Holdings is a leading designer,
manufacturer and marketer of intercity coaches and coach replacement parts in
North America.  Grupo Dina also manufactures plastic components, distributes
replacement parts for trucks and coaches and exports trucks to several Latin
American countries.