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Suzuki and Nissan Reach an Agreement on Telematics Service Tokyo, Japan, June. 23, 2003 - (JCN Newswire) - Suzuki Motor Corporation (TSE: 7269) and Nissan Motor Co., Ltd., (TSE: 7201) have recently reached a basic agreement concerning the availability and marketing of Nissan's CARWINGS telematics service to the customers of Suzuki brand cars in Japan. Nissan launched its CARWINGS telematics service in the Japanese market in March 2002. Suzuki and Nissan began conducting a joint study last summer to explore possibilities for cooperation in the field of telematics services. On the basis of that study, it was concluded that the availability of Nissan's CARWINGS telematics service to the customers of Suzuki vehicles would benefit both parties. This agreement forms a new cooperative relationship in the telematics field. For Suzuki, the utilization of Nissan's telematics service and the joint planning of content offerings will enable the automaker to meet its customers' needs in the automotive telematics field in the coming years. Suzuki will determine which of its car models will be offered with Nissan's CARWINGS telematics service. CARWINGS is Japan's first comprehensive telematics system that integrates car, cellphone and personal computer technologies to provide both operator-assisted and automatic services. As a pioneer in promoting telematics services in the automotive industry, Nissan launched CARWINGS in the March small passenger car that was released in March 2002. CARWINGS is now available on seven Nissan model lines, including the all-new Teana. In connection with the development of telematics, Nissan and NTT DoCoMo, Inc. are now jointly studying opportunities for developing next-generation telematics services that would make use of mobile multimedia technology. The two companies are pursuing the development of systems and services based on third-generation mobile communications technology and representing an industry standard that could be used by many companies in a wide range of fields. Suzuki and Nissan aim to begin providing CARWINGS telematics service to Suzuki car owners this autumn. The specifics will be developed in the coming months, but the major details of the basic agreement are as follows: -Nissan will provide its CARWINGS telematics service to Suzuki car owners. -Suzuki will equip and sell car models fitted with the in-vehicle terminal equipment needed for owners to access Nissan's CARWINGS telematics service. Suzuki will also undertake sales activities for CARWINGS. -Nissan will conclude a subscriber's contract with Suzuki car owners for the provision of its CARWINGS telematics service. -Nissan will furnish Suzuki with the technical information and know-how needed to develop, manufacture and market in-vehicle terminal equipment for accessing CARWINGS telematics service. In addition, based on separate discussions, the two companies plan to examine possibilities for cooperation concerning the next-generation telematics service now under development at Nissan. About Nissan Motor Co., Ltd. Nissan Motor Co., Ltd. (TSE: 7201)(NASDAQ: NSANY) was established in 1933 to manufacture and market the Datsun, a small passenger car, and related automotive components. The company is Japan's second largest automobile manufacturer and the world's fifth, with annual global sales of 2,415,433 vehicles. The company markets a wide range of passenger cars, commercial vans, trucks and buses, parts and components in over one hundred and seventy countries. The company has also expanded its operations to include forklifts, textile machinery and other industrial machinery and equipment. Nissan's affiliation with French automaker Renault in 1999 has helped produce Nissan's best results in a decade. The company has three hundred and forty two consolidated subsidiaries worldwide. Consolidated sales in FY 2000 exceeded $49 billion dollars (Euro 55 billion.) About Suzuki Motor Corporation Suzuki Motor Corporation (TSE: 7269). Designer and manufacturer of automobiles, motorcycles, outboard engines, general purpose engines and other products. Operations are carried out through the following sectors: BIKES: Motor bikes, Push bikes; CARS: Small cars, Normal cars; OTHER: Houses, Dynamos. Automobiles accounted for 81% of fis 2001 revenues; motorcycles and other two-wheelers, 17% and other operations, 2%.