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Brilliance China Announces Details of Bonus Share Issuance

24 September 1999

Brilliance China Automotive Holdings Limited Announces Details of Upcoming Bonus Share Issuance

    HONG KONG, Sept. 22 -- Brilliance China Automotive Holdings
Limited (the "Company") today confirmed the following information
with regard to its upcoming bonus share issuance, which was approved at the
special general meeting of shareholders on September 18, 1999:

    Ratio of issuance:  Four new shares of common stock will be awarded for
                        each share held as of the close of trading on the
                        record date

    Record date:        September 24, 1999

    Distribution date:  October 1, 1999

    Ex-date:            October 4, 1999

    Payment date:       October 7, 1999

    The Company, incorporated in Bermuda, was established in 1992 to own a
51% interest in Shenyang JinBei Passenger Vehicle Manufacturing Company, Ltd.
("Shenyang Automotive"), a Sino-foreign joint venture enterprise established
in 1991.  Shenyang Automotive, located in Shenyang, the capital of Liaoning
Province and the commercial center of Northeast China, is the leading
manufacturer and distributor of minibuses in the People's Republic of China.
In May 1998, the Company acquired an indirect interest in two component
suppliers: a 51% equity interest in Ningbo Yuming Machinery Industrial Co.,
Ltd., a wholly foreign-owned Chinese enterprise primarily engaged in the
production of automobile window molding and stripping; and a 50% equity
interest in Mianyang Xinchen Engine Co., Ltd., a Sino-foreign equity joint
venture manufacturer of gasoline engines for use in passenger vehicles and
light duty trucks.  In October 1998, the Company established Xing Yuan Dong
Automotive Component Co., Ltd. as its wholly owned subsidiary to centralize
and consolidate the sourcing of auto parts and components for Shenyang
Automotive.  The Company was the first with operations solely in China to list
directly on the New York Stock Exchange.