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Nissan Announces Appointment of Jed Connelly

5 May 1999

Nissan Announces Appointment of Jed Connelly to Nissan Division Vice President Post:

                Seergy Resigns After Putting Division on Track

    CARSON, Calif., May 5 -- Nissan North America, Inc. (NNA),
announced today the appointment of Jed Connelly as vice president and general
manager, Nissan Division after reluctantly accepting the resignation of
Michael J. Seergy, former head of the division.
    "We are disappointed that Mike has elected to pursue other business
interests," said Minoru Nakamura, president of NNA.  Though it is tough to say
'goodbye' to Mike after he has done a tremendous job during the last year, I
am confident our management team will continue to enhance the success of
Nissan. We wish Mike well in his pursuit of automotive-related opportunities
he is considering on Wall Street."
    "I feel good about what the Nissan team accomplished last year," said
Seergy.  "We've had five months of sales increases and our dealer
profitability is up 106.5 percent on a calendar year-to-date basis through
March.  I didn't do this alone.  I had a great team to work with and I'm
confident that Jed and the rest of my Nissan colleagues will continue the
momentum to successfully launch Nissan's barrage of new products."
    Seergy joined Nissan in April 1990 as national market representation
manager for Infiniti Division.  He has held numerous key management positions
at Nissan, including regional vice president for Nissan Division's Northeast
region and  regional general manager of the Infiniti West Region.  He was
appointed vice president, general manager of the Nissan Division in February
1998, and during the past 14 months made significant in-roads in sales, dealer
profitability and dealer relations while creating a more focused integrated
marketing campaign.
    Previously, he held positions at Hyundai Motor America and Ford Motor
Company.  Connelly, who recently held the position of director of staff
operations at NNA, is promoted to vice president and general manager of the
Nissan Division, reporting to Yuki Kitahora, NNA senior vice president, sales
and marketing.  He joined Nissan in 1989 as national direct marketing manager
for Infiniti Division and has held other key Nissan management positions,
including regional general manager for Nissan's Southwest region in 1990 and
director of remarketing in 1994.
    From 1994 -- 1998, Connelly served as vice president of sales and
marketing for Predelivery Service Corporation, a vehicle processor for Ford
Motor Company and Mitsubishi Motor Sales.  In 1998, he rejoined Nissan and was
named director of staff operations for Nissan Division, where he was
responsible for distribution, and contests and incentives programs.
    Prior to joining Nissan in 1989, Connelly served as director of sales for
Sterling Motorcars, an importer and distributor of Sterling Automobiles based
in England, and served in numerous management jobs at Volkswagen of America,
Inc.
    Connelly holds a bachelor's degree in Economics from Rutgers University
and a juris doctorate from Duquesne University School of Law.
    "I am confident that the appointment of Jed as the new vice president and
general manager of Nissan Division will continue our sales and new vehicle
launch momentum," added Nakamura.
    In North America, Nissan's operations include styling, engineering,
manufacturing, sales, and consumer and corporate financing.  Nissan in North
America employs more than 20,000 people in the United States, Canada and
Mexico, and generates more than 70,000 jobs through more than 1,500 Nissan and
Infiniti dealerships across the continent.  More information on Nissan in
North America and the complete line of Nissan and Infiniti vehicles can be
found online at http://www.nissandriven.com.