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Grupo Dina Adjusts Truck Production Schedule for Third Quarter of 2000

8 June 2000

Grupo Dina Adjusts Truck Production Schedule for Third Quarter of 2000

    MEXICO CITY - Consorcio G. Grupo Dina, S.A. de C.V., a leading Latin 
American producer of trucks, today announced the signing of a ten-year contract 
with Western Star Trucks for the manufacture and export of Dina's class 7 units.
This alliance with Western Star represents a significant achievement for Dina,
allowing it to export its proprietary technology to the important North American
market.

    The process of integrating Dina's class 7 units into Western Star's
existing product line, including the associated training and marketing
initiatives, has proven to be more complex and time-consuming than originally
anticipated. Under the circumstances Western Star will reduce its orders from
Dina's Mexican truck subsidiary, Dina Camiones, in the third quarter of 2000.

    Due to the lower demand, production of Dina trucks during the third
quarter of 2000 will be significantly reduced. Following an analysis of
changes in the production schedule and a series of meetings with
representatives of the autoworkers' union, Dina Camiones will reduce
production in its Ciudad Sahagun, Hidalgo, manufacturing plant during the
third quarter. The autoworkers' union supports Dina's strategy as a means to
preserve jobs.

    In order to accommodate the revised production schedule, the number of
workers, shifts, and days worked will be adjusted accordingly. This approach
will guarantee that unionized workers continue to receive a significant
percentage of their normal salary, 62%, and additional benefits. Union
representatives have also committed to Dina the availability of its labor
force to comply with production needs in the event that order volume should
increase in the future.

    Commenting on the revised production schedules, Mr. Adolfo Hegewisch,
Executive Director of Sales and Operations of Dina, stated, "What's most
important to note is that even though revenues will be less than anticipated
the revised production schedule will result in significant overhead savings.
Although we are disappointed by the near-term reduced demand for our trucks,
we continue to be excited about the long-term prospects presented by our
Western Star alliance."

    Grupo Dina is an international consortium with industrial operations in
Mexico and Argentina, and commercial operations all over the American
continent. This 100% Mexican company has invested more than U.S. $50 million
in technology since its privatization in 1989. At the present time, Dina is
one of only 15 truck manufacturers with its own proprietary technology among
100 manufacturers in the world market.

    The Private Securities Litigation Reform Act ("The Act") provides a "Safe
Harbor" for forward-looking statements to encourage companies to provide
prospective investors with information, to the extent that such statements are
identified as forward-looking and are accompanied by meaningful cautionary
statements identifying important factors which could cause results to be
materially different from those discussed in the statement.

    Dina would like to take advantage of the provisions of the Act.

    In discussing the future prospects of the Company, management has
identified factors including, but not restricted to the following:

    --    The underlying performance of the economy, and most importantly
          interest rates and inflation.
    --    Conditions in Mexico and Argentina, among the Company's primary
          markets, which have been characterized by significant volatility in
          recent years, including significant depreciation of the peso.
    --    The successful implementation of the Company's restructuring
          program.
    --    Competitive conditions in its major markets.
    --    Order flow for its products from major customers.
    --    Harmonious relationships with its workers and labor unions that
          represent them.