Communiqué de presse (version anglaise): BMW Group agrees cooperation with SFT for new BMW "X3". Working together on development and production.

*** Ci-dessous vous trouverez le contenu du texte en anglais:

Munich. The BMW Group and SFT (Steyr-Daimler-Puch Fahrzeugtechnik AG & Co. KG),
Graz (Austria), a subsidiary of Magna Group, have signed a cooperation
agreement covering the development and manufacture of the new BMW "X3" Sports
Activity Vehicle. The detailed vehicle concept worked out by engineers from the
BMW Group was forwarded to Magna Steyr Engineering for series development.
Production will be taken over by Magna Steyr Fahrzeugtechnik in Graz. The
relevant contract was signed yesterday in Munich.

Through this cooperation on the realisation of the BMW "X3" project, the BMW
Group is optimising its own resources and pushing forward with its product
offensive. In Magna Steyr, the BMW Group has found a partner with many years'
experience in the realisation of vehicle projects. There has been in-depth
cooperation between the companies for years in the field of BMW four-wheel
drive technology in particular.

"Those who work alone can only accumulate; but those who cooperate
intelligently can multiply", says Professor Dr.-Ing. Joachim Milberg, Chairman
of the Board of Management of BMW AG. "Our cooperation with Magna Steyr
increases the speed and flexibility of our company and is a further milestone
in the consistent implementation of our product offensive."

The BMW "X3" is an expansion of the X family, and is an independent new
development. As with all BMW vehicles, some elements will use BMW module units.
All the vehicle components in the BMW "X3" will be signed off by the BMW
Group's Development Departments. In addition, core areas of competence, such as
design, engine construction, purchasing and customer service will remain the
sole responsibility of the BMW Group.

Pour plus d'informations contactez:
Christophe Weerts
Corporate Communications Manager
tél. 03/890.97.08