Mitsu Pulls Out Of Scca Rally For 2004

[AJ]

NOV. 14, 2003


MEDIA STATEMENT

Mitsubishi Motors North America announces today that it is withdrawing from
motorsports in 2004 to focus its resources on continuing to grow its brand
and build retail sales.

Mitsubishi Motors won both the 2003 Manufacturers and Overall SCCA ProRally
Championships. Racing enthusiasts saw the formidable capabilities of the
Lancer Evolution which brings a new North American chapter to Mitsubishi's
impressive performance heritage.

Mitsubishi Motors would like to thank drivers David Higgins, Lauchlin
O'Sullivan, Daniel Barritt, Christian Edstrom and Mark Williams for their
dominating efforts that brought Team Mitsubishi Motor Sports America seven
victories out of nine SCCA ProRally events.

Mitsubishi Motors thanks Vermont SportsCar, Xtreme Autos and MEM Racing for
their impeccable preparation of the Lancer Evolutions With their skill and
leadership, Team Mitsubishi won every event that it finished.

Further, Mitsubishi Motors thanks sponsors Michelin Tire, Mitsubishi Fuso,
Infinity Audio, Ralliart, HKS Engines, PIAA, and Motul for their strong
support and guidance during our 2003-championship season.

The company looks forward to a time when it can re-enter the motorsports arena.
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Fuck that.