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Subaru of America, Inc. Offers Expanded Benefits for Employees

26 May 2000

Subaru of America, Inc. Offers Expanded Benefits for Employees

    CHERRY HILL, N.J., May 23 Subaru of America, Inc. (SOA), a
pioneer of crossover all-wheel drive vehicles designed for the active
lifestyle, has announced an enhanced benefits program for its employees.  The
company's attractive employee benefits program provides employees and their
dependents with a comprehensive array of support options, while reinforcing
its commitment to employee development, partnership and flexibility.
    "Subaru constantly strives to provide employees with a fantastic work
environment reflecting our brand attributes of fun, freedom, adventure,
confidence and control, while offering valuable programs which support
employees and the people in their lives that depend on them," says Scott
Mogren, vice president, human resources, Subaru of America, Inc.  "Our
employees are vital to our past and future success and we firmly believe a
quality professional life and a fulfilling personal life go hand-in-hand."
    Innovative Subaru employee benefits that were recently formalized include:

 -- Catastrophic Leave Program.  In the event an employee must take an
     unpaid leave of absence due to serious illness or if he/she must care
     for another family member, Subaru employees may donate vacation time
     to the employee in need.
 -- Adoption Assistance Program.  Subaru will reimburse an employee up to
     $5,000 for adoption-related expenses such as adoption agency and
     attorney fees.  Up to $6,000 may be reimbursed to employees with an
     adopted child with special needs.  Some or all reimbursements may be
     exempt from federal taxes (subject to income limitations).
 -- Volunteer Opportunities.  Subaru offers employees a variety of
     volunteer opportunities, including release time for company-sponsored
     activities.  Release time activities include tutoring, speaking
     engagements at local schools, technical assistance to non-profits and
     a variety of opportunities benefiting children.
 -- Domestic Partner Benefits.  The Subaru Domestic Partner Benefit
     Program includes comprehensive medical and dental coverage for
     domestic partners of eligible employees.

    Subaru also offers tuition reimbursement, a subsidized vehicle lease
program for all eligible employees and an annual bonus program.  Additional
benefits include flextime, flexible spending accounts as well as retirement
and pension plans.  Subaru promotes a friendly work environment with a
business casual dress code, casual day on Fridays and flexible summer hours.

    About Subaru of America, Inc.
    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 590 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.
    Over the past six years, the company 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.

    CONTACT:  Rob Moran of Subaru of America, 856-488-3326 or
rmoran@subaru.com.