December 13th 2004
RALLIART INC.
Regarding future activities of Ralliart Inc.

1. The role of Ralliart Inc. within the Mitsubishi Motor Sport activities

(1) Ralliart Inc. in its overall support related to Mitsubishi's works motor sport activities.
Ralliart will use its experience gained through years of past works-related activities to provide its wholehearted support.

(2) Ralliart Inc. will support overall activities both for domestic as for well as overseas motor sport customers.
Ralliart will also continue to cooperate with Mitsubishi Motors on development. On domestic events, Ralliart Inc. aims to have maximum exposure to have wide-ranging communication with our customers. Regarding overseas activities, we hope to keep supporting our Lancer Evolution Group-N customers working hand in hand with our Ralliart partners in various countries. We hope to work directly with our customers in order to enhance our support.

In particular, we will continue to supply parts to customers who participate in the Production Car World Rally Championship (PWRC), offering a special price. We also plan to commemorate the annual series to honor drivers and teams alike.

(3) Development and Marketing of works-related parts and accessories.
We intend to develop parts in cooperation with the ongoing works activities. We will pay particular attention to our motor sport fans as well as Mitsubishi customers in providing works-developed parts through efficient marketing strategies and sales.

2. The role of Ralliart Inc. (details)

(1) Supporting the works activities
Currently, in order to carry out team support, we are in negotiation with the FIA and other -related bodies to provide information, advice and adequate data. We will also gather information regarding domestic sponsors.

(2) Customer support
From 1995 to 2001 Mitsubishi managed to take the World Rally Championship (WRC) Group-N Series Champion title. In addition, Mitsubishi had 28 consecutive victories starting with the Great Britain Rally (final event) in 1999 to the Rally Australia (13th round) in 2001. From the WRC to various local rallies, the Lancer Evolution is currently active all over the world.

While giving support to mainly motor sport participants, we, Ralliart Inc., are participating in the following activities.

i) Support the development of the next Lancer Evolution
We are currently requesting information from motor sports customers of the existing models, both domestically and from overseas, and asking them how we can improve the Lancer Evolution. We will feed back this information to the Mitsubishi Motors development team. The development team will work in cooperation with Ralliart Inc. enhance its development techniques.

ii) With regards overseas customers of the motor sport base vehicles (Lancer Evolution RS spec)
We will supply the necessary products through our Ralliart affiliates in each of the countries. We will provide all the backup that is required to supply the necessary parts.

iii) Parts development / supply
We will take advantage of what Rallairt Inc. and Mitsubishi Motors can best develop and provide Group N parts such as restrictors, engine ECU, and drive train parts. We hope to develop these in the early stages so that we may provide them to the base car.

iv) Training and development of young Japanese driver
We are putting considerable effort into developing and training the next generation of young and talented drivers.

Hiroshi Masuoka's victory is a great example of out commitment. Currently we are working with Katsuhiko Taguchi to put together an efficient program to develop young and talented drivers. One of our main aims is to search and develop the next generation of young and talented drivers.

(3) Development / sale of parts. (Services for motor sport fan / Mitsubishi car fan)
In addition to support for actual motor sport participants utilizing the knowhow of works activities we plan to develop and supply parts and feed back such data from motor sport fan to ordinary customers. Currently, we are carrying out such activities on ongoing events.

i) Sports part development / supply
Using the knowhow gained through development of parts through various motor sport activities, we hope to continue the development of the base car. As a result we will be able to apply total balance and in the long run develop parts that add to customer satisfaction. In particular, Mitsubishi's brand strategy and the Ralliart brand, which made its name through years of participation in motor sport, will continue its development of specialty parts (parts, accessories, etc.) and hope to satisfy the demands of our customers.

ii) Driving school other event to be held.
We are currently preparing to re-start our "driving seminar" aimed at customers who put off driving. This "car school" is aimed at the beginner driver is one of the new measures the CS (customer satisfaction) marketing proposes for Mitsubishi Motors. This event is currently being prepared nationwide.

iii) PR / Sending information
Regarding PR and sending out information related to Mitsubishi's motor sports activities, we are currently relaying the latest information to our fans. However, although we will continue to do this we will also put considerable effort into supplying information on a real time basis.

© Copyright by RALLIART INC.