July21, 2004
Construction of New Motorcycle Production Plant Commence in Vietnam

We are pleased to announce that Suzuki Motor Corporation (SMC) will be commencing construction of a new motorcycle production plant at Vietnam Suzuki Corporation, SMC's joint venture for automobiles and motorcycles in Vietnam. On July 21, Osamu Suzuki, Chairman & CEO of SMC attended the groundbreaking ceremony, along with guests invited from the Ministry of Industry of Vietnam, the People Committee of Dong Nai Province and others.

Vietnam Suzuki started production in 1996, and the annual production volume were 3,000 automobiles and 60,000 motorcycles in the period from April 2003 through March 2004. The construction of the new plant is scheduled to start in an industrial zone near to the current plant, with the investment of 2.1billion yen (approximately 20 million U.S. dollars,) in order to meet increasing market demands for motorcycles. The new plant is scheduled to start operation in January 2006, with the annual production capacity of 100,000 units. After the construction is completed, motorcycle production will be transferred to the new plant, whereas the current one will keep producing automobiles.

Outline for Vietnam Suzuki
Name of company : Vietnam Suzuki Corporation
President : Tomohiro Fujita
Head Office location : Bien Hoa City, Dong Nai Province (40km north of Ho Chi Minh)
Established in : April 1995
No. of employees : Approx. 400
Capital : 11.7 million dollars (SMC's capital investment ratio: 35%)
Production volume : Automobiles - 3,000 units (April 2003 - March 2004)
Motorcycles - 60,000 units (April 2003 - March 2004)

Outline for Vietnam Suzuki New Plant
Location : Bien Hoa City, Dong Nai Province
(3km east of the Vietnam Suzuki Head Office)
Site area : 142,000 km2
Building area : 13,000 km2
Product line : Motorcycles
Production capacity : 100,000 units / year of motorcycles