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Porsche Reports July U.S. Sales; Year-to-Date Sales Increase by Sixteen Percent

4 August 1999

Porsche Reports July U.S. Sales; Year-to-Date Sales Increase by Sixteen Percent
    ATLANTA, Aug. 4 -- Porsche Cars North America, importer and
distributor of Porsche sports cars in the United States, today announced sales
and stock figures for the month of July 1999.  Sales were down by 24 percent
over the same period in 1998.  This decline is once again the result of lower
availability created by an accelerated sales pace earlier in the year.  Since
the first of the year, PCNA has sold 13,092 cars versus 11,244 cars sold
through July 1998.  This represents a 16 percent sales increase for the first
seven months of 1999.


    MODEL         July 99     July 98       YTD 99      YTD 98      Dealer
                                                                     Stock

    Boxster           875         921         7952        6739         348

    911 (1998)          1          14           10         806          10

    911 (1999)
    Carrera Coupe     160         449         1570        2741          94
    Carrera Cabriolet 303         549         2137         958         102
    Carrera 4 Coupe    62           0          765           0          21
    Carrera 4
     Cabriolet         59           0          658           0          21

    Subtotal/911      585        1012         5140        4505         248

    TOTAL            1460        1933        13092       11244         596

    If you have any questions, please contact Bob Carlson at 770-290-3676.