At a press conference held in Budapest today, Osamu Suzuki, Chairman and Chief Executive Officer of Suzuki Motor Corporation, and Giancarlo Boschetti, Chief Executive Officer of Fiat Auto S.p.A., emphasized that the new vehicles will be distinctively differentiated in styling from each other’s versions.

These new 5-door SUVs, which will be based upon the new Suzuki A-Segment Platform, will come in both gasoline engine and diesel engine versions. The production will begin in the latter half of 2005 at Magyar Suzuki Corporation’s Esztergom plant in Hungary.

Suzuki and Fiat will distribute the new SUV vehicles independently through their own dealership networks.

Please also see the attached press release for further reference.