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Subaru Posts Record Sales Year in 1999

5 January 2000

Subaru Posts Record Sales Year in 1999; 1999 Total Sales Mark the Best Sales Year Since 1988

    CHERRY HILL, N.J., Jan. 3 -- Subaru of America, Inc. (SOA)
today announced its year-end sales figures for 1999.  Subaru recorded a sales
total of 156,806 units for year-end 1999, an increase of over six percent
compared to year-end 1998 sales of 147,833 units.  1999 marks the best total
sales year in eleven years.
    December posted total sales of 13,044 units, an 11 percent difference from
1998 December sales of 14,638 units.  The Legacy model line led sales with
8,263 units posted, with Outback accounting for 5,988 units.  Forester posted
3,503 units for the month.
    Over the past six years, Subaru of America, Inc. has nearly tripled its
revenues and seen its sales increase by nearly 50 percent thanks to its
popular line of car-based sport utility vehicles.  The company is among the
fastest growing brands in the automobile industry and was recently named "Most
Improved Car Company in the World" by the London-based Financial Times
Automotive World Magazine.
    Subaru of America, Inc. is a wholly owned subsidiary of Fuji Heavy
Industries Ltd. of Japan.  Headquartered near Philadelphia, the company
markets and distributes Subaru vehicles, parts and accessories through a
network of nearly 600 franchised dealers across the United States.  All Legacy
and Outback models sold in the U.S. are produced at the company's American
manufacturing plant, Subaru-Isuzu Automotive, Inc. near Lafayette, Ind.

    CONTACT:  Kim Marino of Subaru of America, 856-488-8578.