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Daewoo Sales Up 205% Over First Six Months of 1999

3 July 2000

Daewoo Sales Up 205% Over First Six Months of 1999

    COMPTON, Calif. - June 2000 sales of 6,402 cars is a 98% sales increase over 
June of 1999.  Daewoo's 2000 year to date sales of 33,549 represents a 205% 
increase over the first six months of 1999.  Retail sales of 6,402 units is 
Daewoo's best sales month since beginning retail operations in the United States.

    Daewoo continues as the "Fastest Growing Car Company in America."
Consumers have embraced Daewoo's complete line-up of high content, value
priced products.  Daewoo's focus on customer care with the industry first
Customer Maintenance Allowance that provides the owner of any Daewoo
automobile up to $1000 in maintenance for the first 3 years or 36 thousand
miles of ownership continues to boost sales.

                            June 1999       YTD        June 2000       YTD
    Leganza                  1,457         5,129        2,239        12,117
    Nubira                     995         2,795        1,921        10,413
    Lanos                      785         3,081        2,242        11,057
            Total            3,237        11,005        6,402        33,587

    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 over 400 locations.