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Land Rover Announces Record May Sales

3 June 1999

Land Rover Announces Record May Sales

    LANHAM, Md., June 2 -- Land Rover North America, Inc., today
reported May 1999 sales of 2,277 units, the strongest May results in company
history. Year-to-date sale of 10,917 vehicles puts Land Rover North America on
track for its best year ever and up over 44 percent compared to the same
period in 1998.
    "Both Range Rover and the all-new Discovery Series II continue to be in
strong demand," said Charles R. Hughes, president of Land Rover North America.
"Supply issues are the biggest concern at this point, as we continue to work
very hard to get the right mix of Discovery Series IIs into the market -- the
demand for seven-seat models and vehicles with Active Cornering Enhancement is
very high."

                                SALES SUMMARY

                             May '99      May '98     Y-T-D '99    Y-T-D '98
    Range Rover                539           509        2,796        2,624
    Discovery                1,738         1,424        8,121        4,837
    Defender                     0             4            0          104

    Total                     2277(17.6%)  1,937       10,917(44.3%) 7,565

    NOTE: Range Rover sales include 4.6 HSE and 4.0 SE; Discovery sales
include Discovery and Discovery Series II.

    Land Rover North America, Inc., established in 1986, imports Range Rovers
and Discoverys manufactured in Solihull, England, for sale in the U.S. and is
a wholly-owned subsidiary of The BMW Group, Munich, Germany.