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Mitsubishi's Record-Breaking June Drives Company to Best Ever First Half

3 July 2000

88% Increase for Month; 54% Increase for Quarter; 42% Increase Year-to-Date

              
    CYPRESS, Calif. - Mitsubishi Motor Sales of America reported record sales 
of 32,321 vehicles in June 2000, driving the company to its best sales month, 
best second quarter and best first half in the company's history.  June's 
results exceeded the all-time sales record posted just last month of 29,390 
vehicles, and puts the company well on track to top the 300,000 mark in sales 
for the year.

    (MMSA's sales results are for the 30-day period of June 1 through
June 30.)

    --  June sales of 32,321 vehicles marks the best month in the company's
        history, topping 30,000 units for the first time and achieving an 88%
        increase over the same month last year.
    --  Second quarter sales of 86,134 units increased 54% over the same
        period last year, a new record.
    --  First half sales of 156,564 units increased 42% over the first half of
        1999, another new record.
    --  On a model-year-to-date basis (October 1-June 30), sales increased 53%
        over the previous year.

    "These spectacular numbers are significant because they're on top of
1999's record breaking results," said Pierre Gagnon, MMSA executive vice
president and chief operating officer.  "I'm more confident than ever that we
are well on our way to surpassing 300,000 sales this year, our second record
breaking year in a row, and well ahead of schedule to sell 400,000 per year by
2005."

    Mitsubishi Motor Sales of America, Inc. was established in 1982 by
Mitsubishi Motors Corporation, Tokyo, and markets a full line of vehicles,
including coupes, convertibles, sedans and sport utility vehicles.  Its
website can be accessed at mitsubishicars.com.

      Sales Results, June 2000: Mitsubishi Motor Sales of America, Inc.

                              June '00          June '99         % Change
                              Month/YTD         Month/YTD        Month/YTD

    Passenger Car Sales*     23,285/114,565    13,881/85,278     67.7%/34.3%
    Sport Utility Vehicles**  9,036/41,999      3,283/24,831    175.2%/69.1%
    Total Vehicle Sales      32,321/156,564    17,164/110,109    88.3%/42.2%
    US Assembled Cars:       17,601/82,322     10,336/55,301     70.3%/48.9%
    Imported Cars:            5,684/32,243      3,545/29,977     60.3%/7.6%
    Imported Truck/SUVs:      9,036/41,999      3,283/24,831    175.2%/69.1%
    US Assembled
     Vehicles (1):           17,601/82,322     10,336/55,301     70.3%/48.9%
    Imported Vehicles (2):   14,720/74,242      6,828/54,808    115.6%/35.5%

    *  Above totals include sales of U.S.-assembled Mitsubishi Motors vehicles
    **  Includes Montero Sport and Montero
    (1)  Galant, Eclipse and Eclipse Spyder
    (2)  Mirage, Diamante, 3000GT, Montero Sport and Montero

    Product sales numbers of note:
    --  Best June, 2nd quarter and 1st half sales for the Galant mid-size
        sedan with 9,889 vehicles sold for the month, up 77% over June 1999,
        and 46,537 sold YTD, up 65.4%.
    --  Best June and 2nd quarter for the Montero luxury SUV, with
        3,082 vehicles sold during the month.  Calendar year-to-date sales for
        Montero have increased 321%.
    --  Best June, 2nd quarter and 1st half for Montero Sport mid-size SUV,
        with 5,954 vehicles sold in June, up 94.6% from the year before, and
        33,785 sold year-to-date, up 47.7% from 1999.