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Daewoo Sales Increase Continues at Record Pace

3 May 2000

    COMPTON, Calif. - April 2000 sales results confirm Daewoo Motor America 
to be America's fastest growing car company after posting a 265% increase over 
April 1999.

    Daewoo ended April with sales of 5311 and a year to date total of
21,680 up 413% from the first four months of 1999.  Daewoo remains on target
to reach its goal of 100,000 unit sales in 2000.

    Sales are expected to continue at an accelerated pace as the company
enters the spring market with its exceptional price/value line up of cars and
with Daewoo's just announced "industry first" Customer Maintenance
Allowance(SM) that begins May 2.

    Customer Maintenance Allowance(SM) provides the owner of any Daewoo
automobile up to $1000 in maintenance for the first 3 years or 36 thousand
miles of ownership.  It's like having up to $1000 in the bank on the first day
of ownership.  The Daewoo customer will never pay for 24-Hour Priority/Road
Side Assistance and Scheduled Maintenance items, including many that are
considered the "owners responsibility" by other manufacturers.  Daewoo's
Customer Maintenance Allowance(SM) is truly the automotive industry's first
basically "Gas and Go" program.


                            April 1999      YTD        April 2000       YTD
    Leganza                    929          2307         1768          8020
    Nubira                     406          1217         1752          6750
    Lanos                      671          1722         1791          6910
    Total                     2006          5246         5311         21680

    Daewoo Motor America, Inc is based in Compton, CA and is the U.S.
subsidiary of Daewoo Motor headquartered in Seoul, Korea.  Daewoo Motor
America currently sells the subcompact Lanos, the compact Nubira and the mid
size luxury sedan Leganza through an expanding network of retail operations
nationwide now totaling nearly 400 locations.