KIA Sales in UAE rise 118.2% in September 2005

(DUBAI) 9th October, 2005 - Al Majid Motors Co. (Member of Juma Al Majid Group), the sole distributor for Kia vehicles in the UAE announced the year-on-year retail sales increase of 118.2%, setting a new record monthly sale, for the month of September 2005.

Al Majid Motors Co.’s robust performance can be attributed to continued strong sales of the new C-segment Cerato as well as stellar initial sales of the recently launched all-new B-segment Rio sedan and hatchback, which together contributed 40.6% of the total sale in the month of September. The sales of passenger cars contributed 59.7% of the total sales and recreational vehicles and light commercial vehicles contributed 26.4% and 13.9% respectively.

From January through September of this year, Al Majid Motors Co. has seen its retail sales increase of 67.9%. Over this period, AMMC sales for Passenger Cars increased 79.8% while Recreational Vehicles sales increased (4WD & Family Vans) 47.3% and Light Commercial Vehicles experience a 71.0% increase.

"With the introduction of completely redesigned models such as the B-segment Rio and Sportage SUV, Kia Motors continues the reincarnation of its flagship vehicles to complement the earlier introduction of all-new vehicles such as the award-winning Sorento SUV, the premium midsized sedan Opirus, the C-segment Cerato and the immensely popular A-segment Picanto", said Mr. Samir Tayeh, General Manager of Al Majid Motors Co.

"This steady growth of sale for the past few months is a clear evident that the Kia brand is rapidly gaining recognition in the UAE as not just a maker of small compact passenger vehicles, but rather as a trusted manufacturer of a complete vehicle line-up, from the entry-level sub-compact vehicle to highly competitive recreational vehicles" he added.

Kia Motors Corporation (www.kiamotors.com) - one of the fastest growing automakers in the world -- was founded in 1944 and is Korea’s oldest manufacturer of motor vehicles. As part of the Hyundai-Kia Automotive Group, Kia aims to become one of the world’s premier automotive brands. Kia’s 16 manufacturing and assembly operations in 12 countries produce more than 1.1 million vehicles a year that are sold and serviced through a network of distributors and dealers covering 155 countries. Kia today has over 32,000 employees and annual revenues of $14 billion. It is the major sponsor of the Australian Tennis Open and an official worldwide sponsor of the Davis Cup. Kia Motors Corporation’s brand slogan -- "The Power to Surprise" -- represents the company’s global commitment to surpassing customer expectations through continuous automotive innovation.

Al Majid Motors Co. (www.kia-uae.com), member of Juma Al Majid Group is the sole distributor for Kia vehicles in the UAE. AMMC currently sells Kia vehicles in UAE through a network of 6 showrooms, 2 dealers with 2 more new showrooms expected to be added soon and has a market share of 4.7%. To attend the ever growing KIA customers in UAE, AMMC has a total fleet of 12 service centres and 15 parts centres. Al Majid Motors Co is celebrating its 16th year of operation in UAE.