Mitsubish i Motors Around the Wor ld

Facts in Brief

Major Shareholders (% of total)DaimlerChrysler AGMitsubishi Heavy Industries, Ltd.Mitsubishi CorporationCapital Guardian Trust CompanyThe Mitsubishi Trust & Banking CorporationDaimlerChrysler MMC Beteiligungsgesellschaft mbHThe Bank of Tokyo-Mitsubishi, Ltd. Japan Trustee Service Bank, Ltd. (Trust Account)The Master Trust Bank of Japan, Ltd. (Trust account)Meiji Life Insurance Company

Corporate InformationMitsubishi Motors Around the World

33.7014.82

5.214.423.283.272.902.161.861.28

Company NameMitsubishi Motors Corporation

Date of EstablishmentApril 22, 1970

Head Office2-16-4 Konan, Minato-ku, Tokyo Japan 108-8410

Telephone+81-3-6719-2111

President & CEORolf Eckrodt

Paid in Capital (yen)252,201,223,000

Main BusinessDevelopment, design, manufacture, assembly, purchase and sales, exports and imports, and other transactions concerning automobiles and automotiveparts

Number of EmployeesJapan: 27,125North America: 4,709Europe: 4,845Other Regions: 8,596Total: 45,275

Statutory Auditors

Mitsugu NakabayashiHirao IijimaMotoo MakitaNobuo Kuroyanagi

Senior Executive Officers

Tadashi OhmiyaJoachim CoersYoichi YokozawaChristian Cahn v. SeelenAtsushi UebaMakoto ArigaOlivier BoulayKai-Uwe SeidenfussAkira KijimaStefan BuchnerSeihachi Futase

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As of March 31, 2003. Board Members were newly appointed on June 25, 2003.

Board of Directors and Senior Officers

Members of the Board

Takashi SonobeRolf EckrodtSteven A. TorokUlrich W. WalkerEiji IwakuniKeiichi HashimotoManfred BischoffRüediger GrubeTakashi NishiokaMikio Sasaki

Financial DataMitsubishi Motors Around the World

Net Sales

00 01 021

0

1,000

2,000

3,000

4,000

(FY)

(billion yen)

0 3

Notes:1 Due to a change of balance date at overseas subsidiaries, from

December 31 to March 31, 15-month figures for overseas subsidiaries have been included.

2 Includes figures for truck and bus operations.

3 FY00 and FY01 include truck and bus operations. FY02 indicates passenger cars only, as truck and bus operations were spun off and became an equity-method affiliate of MMC on March 14, 2003.

Total Assets3

00 01 02

0

1,000

2,000

3,000

4,000

(FY)

(billion yen)

Interest-Bearing Debts3

00 01 02

0

500

1,000

1,500

(FY)

Operating Profit (Loss)

00 01

-100

-50

0

50

100

(FY)

(billion yen)

Automobiles Financial services

Net Income (Loss)2

00 01 021

-300

-200

-100

0

100

(FY)

(billion yen)

021

2,558 2,520

3,161

2,982 2,895

2,425

1,3271,305

1,009

-278

11

37

-83

31

74

322

617

1,556

Retail Sales by RegionMitsubishi Motors Around the World

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Japan

FY00 FY01 FY02

0

200

400

600

800

(thousand units)

450

404

354

NAFTA

CY00 CY01 FY02

0

200

400

600

800

(thousand units)

314347

Europe

CY00 CY01 FY02

0

200

400

600

800

(thousand units)

258

213 200

Other Regions

FY00* FY01* FY02

0

200

400

600

800

*Figures for Thailand, The Philippines, Australia and New Zealand are CY

(thousand units)

594

646

Total

2000 2001 2002

0

200

400

600

800

1,000

1,200

1.400

1.800

1.600

(thousand units)

1,547

1,616

Main ModelsMitsubishi Motors Around the World

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Diamante Galant Lancer Evolution VIII Pajero1

Pajero iO3 Outlander AirtrekGrandis Dion

L300 / Delica Cargo Delica Space Gear Minica Pajero Mini Minicab / Townbox

Eclipse / Eclipse Spyder Endeavor Carisma

1 Also known as Montero2 Also known as Montero Sport and Nativa3 Also known as Pajero Pinin

Space Star L200 / Strada

Pajero Sport 2

Colt

eK-Wagon

Japan/Export Models

Regional Models

Magna / Verada

Lancer / Lancer Wagon

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Worldwide LocationsMitsubishi Motors Around the World

Overseas Production FacilitiesNORTH AMERICAUnited States of America

CENTRAL / SOUTH AMERICABrazilColombiaVenezuela

OCEANIAAustralia

ASIABangladeshChinaIndiaIndonesiaMalaysiaThe PhilippinesTaiwanThailandVietnam

EUROPEItalyThe Netherlands

AFRICAKenyaSouth AfricaTunisiaZimbabwe

MIDDLE EASTUnited Arab Emirates

EUROPEThe Netherlands

Overseas Parts Depots

NORTH AMERICAUnited States of America

OCEANIAAustralia

Overseas R&D CentersEUROPE GermanyThe Netherlands

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NORTH AMERICAUnited States of America

Overseas Design StudiosEUROPEGermany

OCEANIAAustralia

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Parts DepotsAichiFukuokaHokkaidoKanagawaMiyagiOkayamaOsaka

Production Facilities in JapanMizushima PlantNagoya PlantPowertrain Plant(Powertrain Plant-Kyoto, Powertrain Plant-Shiga)

R&D CentersKyotoOkazakiTokachi

Design StudiosOkazakiTama, Tokyo

Mitsubishi Motors Group of Companies

JapanMitsubishi Motors Training Center Co., Ltd. (MTC)Pajero Manufacturing Co., Ltd. (PMC)Mitsubishi Automotive Techno-Service Co., Ltd. (MATS)Mitsubishi Automotive Engineering Co., Ltd. (MAE)Mitsubishi Automotive Logistics Co., Ltd. (MALS)Mitsubishi Auto Credit-Lease Corporation (MCL)Ralliart Inc.Tokyo Mitsubishi Motor Sales Co., Ltd.Kinki Mitsubishi Motor Sales Co., Ltd.Others

OverseasMitsubishi Motors North America, Inc. (MMNA)Mitsubishi Motors Credit of America, Inc. (MMCA)Mitsubishi Motors R&D of America, Inc. (MRDA)Mitsubishi Motors Sales of Caribbean, Inc. (MMSC)Netherlands Car B.V. (NedCar)MMC International Finance (Netherlands) B.V. (MMCIF)Mitsubishi Motors Europe B.V. (MME)Mitsubishi Motor R&D of Europe GmbH (MRDE)MMC Sittipol Co., Ltd. (MSC)Mitsubishi Motors Philippines Corporation (MMPC)Mitsubishi Motors Australia Limited (MMAL)Others

Domestic ProductionMitsubishi Motors Around the World

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Mitsubishi Heavy Industries Ltd. completes Okazaki Test Course Nagoya Motor

Vehicle Works

Tooling and Stamping Shop completed, Car Research & Development Center established

Renamed Nagoya Motor Vehicle Works of Mitsubishi Motors Corporation after

separation from Mitsubishi Heavy Industries Ltd.

Factory completed. Started production of the Celeste and Galant �

Started production of the Galant �

Started production of the Tredia, Cordia and Starion

Started production of Chariot

Achieved cumulative production of 1 million vehicles

Started production of the Galant

Started production of the Eterna

Started production of the Eterna SAVA

Started production of the RVR. Achieved cumulative production of 2 million vehicles

Started production of the Galant, Eterna and Emeraude

Started production of the new Galant and Legnum

Acquired ISO 9002. Started production of the Chariot Grandis and the new RVR

Acquired ISO14001. Achieved cumulative production of 3 million vehicles

Nagoya Motor Works renamed Nagoya Plant

Production of the Pajero iO transferred from Oye Plant

Production of the Proudia Dignity and Diamante transferred from Oye Plant

Started production of the Colt

Started production of the new Grandis

1962

1969

1970

1977

1978

1982

1983

1985

1987

1988

1989

1991

1992

1996

1997

1998

1999

2000

2001

2002

2003

History

OutlineSite Area: 425,000 sq. metersFloor Area: 147,000 sq. metersEmployees: 1,800

Production Volume (2002): 82,934 unitsMain Business: Production and assembly for domestic and export marketsAddress: 1 Nakashinkiri, Hashime-cho, Okazaki, Aichi, 444-8501

Nagoya Plant

Domestic ProductionMitsubishi Motors Around the World

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HistoryMizushima PlantPlant opens as Mizushima Aircraft Works of Mitsubishi Heavy Industries, Ltd.

Launch of Mizushima 3-wheeled truck

Started production of mid-size and mini-truck, mini and small passenger cars

Launch of Mitsubishi 360 mini-truck and van

Launch of Mitsubishi Minica compact passenger car

Launch of Colt 800 small passenger car

Launch of Mitsubishi Minicab small truck, production begun on Canter light truck

Launch of Delica small truck

Renamed Mizushima Motor Works of Mitsubishi Motors Corporation

Launch of Lancer small passenger car

Launch of Mirage small passenger car

Launch of Libero, production started on RVR

50th anniversary, launch of new Minica and Minica Toppo compact cars

Launch of Delica Space Gear and FTO passenger cars, FTO receives ‘Japan Car of the

Year’ award

Production begun on Pajero Mini, launch of new Lancer and Mirage models

Launch of new Minica, Toppo BJ, and Pajero Mini

Launch of Mirage Dingo and new Minicab Van/Truck and Town Box models

Launch of Dion, Lancer Cedia, and Cedia Wagon

Launch of Airtrek and eK Wagon, Airtrek and eK Wagon receive the ‘2001-2002 Good

Design Award’

Launch of eK Sport

Launch of new Lancer, new Lancer Wagon and eK Classy

1943

1946

1959

1960

1962

1965

1966

1969

1970

1973

1978

1992

1993

1994

1995

1998

1999

2000

2001

2002

2003

OutlineSite Area: 1,245,700 sq. metersFloor Area: 465,370 sq. metersEmployees: 4,300

Production Volume (2002): 501,971 unitsMain Business: Production and assembly for domestic and export marketsAddress: 1-1 Mizushima Kaigan-dori, Kurashiki-shi, 712-8501

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Domestic ProductionMitsubishi Motors Around the World

Site Area: 173,000 sq. metersFloor Area: 55,000 sq. metersEmployees: 500Production Volume (2002): 297,830 unitsBusiness Area: Engine productionAddress: 2-1 Kosunacho, Kosei-cho, Koga-gun, Shiga, 520-3212

Powertrain Plant (Kyoto)

Powertrain Plant (Shiga)

History

History

Factory completed by Kyoto Machinery Works of Mitsubishi Heavy Industries, Ltd.

Renamed Kyoto Machinery Works of Central Japan Heavy Industries, Ltd.

Company renamed Shin Mitsubishi Heavy Industries, Ltd.

Company renamed Mitsubishi Heavy Industries, Ltd.

Separated from Mitsubishi Heavy Industries, Ltd., to become Kyoto Works of

Mitsubishi Motors Corporation

Kyoto Shiga plant opens

Renamed Powertrain Plant

1944

1950

1952

1964

1970

1979

2003

Kyoto Shiga plant opens

Renamed Powertrain Plant

1979

2003

Outline

OutlineSite Area: 299,000 sq. metersFloor Area: 208,000 sq. metersEmployees: 2,700

Production Volume (2002): 442,540 unitsMain Business: Engine productionAddress: 1 Uzumasa, Tatsumi-cho, Ukyo-ku, Kyoto, 616-8501

1 1

Domestic R&D NetworkMitsubishi Motors Around the World

Tama Design Center

Outline

Established: 1995

Main Business: Advanced design research

Address: 1-16-1 Karakida, Tama-shi, Tokyo

206-0035

Car Research and Development Center

Outline

Established: 1962

Main Business: Full range of research,

development and design

Address: 1 Nakashinkiri, Hashime-cho, Okazaki,

Aichi, 444-8501

Tokachi Proving Ground

Outline

Established: 1996

Main Business: Vehicle testing laboratory and

test track

Address: 22-1 Osarushi, Otofuke-cho, Kato-gun,

Hokkaido 080-0271

Overseas ProductionMitsubishi Motors Around the World

1 2

North America

Outline

Name: Mitsubishi Motors North America, Inc. (MMNA)

Established: 1988

Site Area: 2,570,000 sq. meters

Floor Area: 190,000 sq. meters

Employees: 3,300

Production Volume (2002): 204,233 units

Main Business: Production and assembly for the North American market

Address: 100 N. Mitsubishi Motorway, Normal, Illinois 61761, U.S.A.

Europe

Outline

Name: Netherlands Car B.V. (NedCar)

Established: 1991*

Site Area: 910,000 sq. meters

Floor Area: 350,000 sq. meters

Employees: 4,200

Production Volume (2002): 182,368 units (includes Volvo badged vehicles)

Main Business: Production and assembly for European markets

Address: Dr. Hub van Doorneweg 1, 6121 RD Born, The Netherlands*Beginning of Mitsubishi Motors investment. Plant operation started in 1968.

1 3

Australia

Outline

Name: Mitsubishi Motors Australia, Ltd. (MMAL)

Established: 1980*

Site Area: 916,000 sq. meters

Floor Area: 230,602 sq. meters

Employees: 3,347

Production Volume (2002): 46,191 units

Main Business: Production and assembly for the Australian and export markets

Address: 1284 South Road, Clovelly Park, Adelaide, South Australia, Australia

(PO Box 8, Melrose Park, S.A. 5039)*Beginning of Mitsubishi Motors investment. Plant operation started in 1916.

Thailand

Outline

Name: MMC Sittipol Co., Ltd. (MSC)

Established: 1987

Site Area: 430,400 sq. meters

Floor Area: 79,800 sq. meters

Employees: 2,952

Production Volume (2002): 104,832 units

Main Business: Production and assembly for the Thailand and export markets

Address: 69-69/1-3 MU 11, Phaholyothin Road, Tambol Klongneung

Ampur Klongluang, Phathumthanee 12120, Thailand

All figures as of March 31, 2003.

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Overseas R & D NetworkMitsubishi Motors Around the World

MRDA(Mitsubishi Motors R & D of America)

Outline

Established: 1996Main Business: Development and testing of American-

made Mitsubishi carsHead Office: 3735 Varsity Drive, Ann Arbor, MI

48108, U.S.A.

MRDE(Mitsubishi Motor R & D of Europe, GmbH)

Outline

Established: 1993Main Business: Full range of research and development on all aspects of Mitsubishi carsHead Office: Diamantstrasse 1, 65468 Trebur, Germany

MRDAus(Mitsubishi Motors

Austral ia, Ltd. R & D Divis ion)

Outline

Established: 2003Main Business: Design and testing center Head Office: 1284 South Road, Clovelly Park, Adelaide

South Australia, 5024 Australia

1917 1937 1946 1959 1960 1961 1964 1965 1969

1970 1971 1973 1978 1982 1987 1991 1992

1994 1995 1996 1997 1999 2000 2001

1983

2002 2003

1962

1990

1998

Development of Model-A passenger car started

1 5

MilestonesMitsubishi Motors Around the World

Prototype of PX33 military-use 4WD passenger car produced

Development of a small 3-wheel cargo carrier, the Mizushima (XTM1) completed

The Leo, a compact 3-wheel car by Shin Mitsubishi Heavy Industries, launched

The Mitsubishi 500, the first compact 4-wheel passenger car by Shin Mitsubishi Heavy Industries, launched

The Mitsubishi 360 Van and Pickup, light 4-wheel passenger cars by Shin Mitsubishi Heavy Industries, launched

The Colt 600 by Shin Mitsubishi Heavy Industries launchedThe Mitsubishi Minica, a light four-wheel passenger car by Shin Mitsubishi Heavy-Industries, launched

The Debonair, a high-class passenger car, launched

The Colt 1500, a passenger car, launched

The Delica, a cab-over-type commercial vehicle, and Colt Galant sedan launched

The Colt Galant GTO launchedThe initial basic contract on a joint venture with Chrysler concludedMitsubishi Motors Corporation established

The Galant Coupe FTO launched

The Lancer launched The Mirage launchedKM160 Super Shift developed

G12B MD engine developedThe Tredia, Cordia, Pajero and Starion launchedExhaust gas test laboratory in Ann Arbor completed

The unmodified production class title and first and second place finishes in the Marathon Race won by the Pajero in its first Paris-Dakar RallyThe Chariot launched

SS4, Multi-mode ABS and the Lancer Van electric vehicle developedJoint production plan with the Dutch government and Volvo concludedNedCar established

The first-generation Lancer Evolution launchedINVECS 4-wheel multi-link suspension, Distance Warning System, passenger airbag and 4G92 MIVEC engine developed

The Delica Spacegear, FTO and Pajero Mini launchedThe FTO voted ‘94-‘95 Japan Car of the Year

Gasoline Direct Injection Engine (GDI) developedMass production of the Carisma at NedCar started

The Challenger, Galant, Legnum and Carisma launchedThe Galant and Legnum voted ‘96-‘97 Japan Car of the Year

Agreement with Pininfarina on compact SUV production reachedComponent-producing plant in Yagi-cho, Kyoto completed

The Pajero iO, Mirage Dingo and SpaceStar manufactured at NedCar, launched

Electric vehicle world record of 2,000 km in 24 hours set (officially registered with Guinness Book of Records)

New-generation powertrain GDI-CVT developedPartnership contract with DaimlerChrysler concluded, investment provided

The Airtrek and eK Wagon launchedPlan to build engine plant jointly with DaimlerChrysler in Germany announced

The Minica Toppo, Diamante and GTO launchedThe Diamante and Sigma voted ‘90-‘91 Japan Car of the Year

Plan to develop new engines jointly with DaimlerChrysler and Hyundai Motor announcedAgreement with Beijing Jeep to build Pajero Sport The Colt launched

Truck and bus business spun off, Mitsubishi Fuso Truck & Bus Corporation establishedThe Grandis launchedHeadquarters moved to new building in Shinagawa

The Mirage Hatchback and Galant launchedThe Galant voted ‘87-‘88 Japan Car of the Year

Printed in Japan 10,2003

2-16-4 Konan Minato-ku, Tokyo Japan 108-8410Phone: +81-3-6719-2111Fax: +81- 3-6719-0065www.mitsubishi-motors.com