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Land Rover Announces Record February Sales Figures of 2,254 Units

2 March 2000

Land Rover North America, Inc. Announces Record February Sales Figures of 2,254 Units
         Discovery Series II Sales Up 12 Percent Versus February 1999

    LANHAM, Md., March 1 -- Land Rover North America, Inc. has
posted its best February sales figures ever.  The company sold 2,254 units in
February 2000, an increase of approximately two percent versus February 1999.
February 2000 was also the best February ever for Discovery models, with 1,803
units sold.

                                             SALES SUMMARY
                     FEBRUARY '00  FEBRUARY '99      Y-T-D '00     Y-T-D '99
    Range Rover           451          607                982         1,227
    Discovery           1,803        1,605              3,564         2,775
    Total:            2,254 (+1.9%)  2,212         4,546 (+13.6%)     4,002

    NOTE: Range Rover sales include 4.6 HSE and 4.0 SE.

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