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Land Rover Reports October Sales

4 November 1998

Land Rover Reports October Sales
    LANHAM, Md., Nov. 3 -- Land Rover North America, Inc. today
reported October sales of 2,052 units.
    Charles R. Hughes, President, Land Rover North America, said, "This month
has been our best October ever, and a record setting October for Discovery! We
have a good supply of product and the right programs in place. With the
December launch of the Discovery Series II we are confident that the momentum
will continue into 1999."

                                SALES SUMMARY

                     OCTOBER'98    OCTOBER'97    Y-T-D '98      Y-T-D '97

    Range Rover         (A) 502           440        5,260          4,952
    Defender 90         (B)   0           352          112          2,206
    Discovery             1,550           623       11,785         12,502

    Total                   2,052 (+45%)  1,415        17,157 (-12.7%)  19,660

    (A)  Includes 4.6 HSE and 4.0 SE
    (B)  '97 MY

    Land Rover North America, Inc. is a member of the Rover Group, importing
Land Rover vehicles manufactured in Solihull, England. The Rover Group is a
wholly-owned subsidiary of the BMW Group, Munich, Germany.