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BMW CHOOSES SELECTRESOURCES INTERNATIONAL TO CONDUCT AGENCY REVIEW

Woodcliff Lake, NJ - July 5, 2005... BMW announced today the selection of SelectResources International (SRI) to spearhead the search for a new lead branding partner. SRI was chosen from a small group of consulting search firms and has had a longstanding and successful working relationship with BMW since 1998.

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Kathryn Vallis
BMW Group

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Kathryn Vallis
BMW Group

Woodcliff Lake, NJ - July 5, 2005... BMW announced today the selection of
SelectResources International (SRI) to spearhead the search for a new lead
branding partner. SRI was chosen from a small group of consulting search firms
and has had a longstanding and successful working relationship with BMW since
1998.

SRI will begin the search in July with the expectation that the search will
conclude sometime in the fourth quarter of 2005.

The new agency will work with BMW to create traditional and non-traditional
communications which highlight the substance of the brand. The new agency will
engage a dynamic new strategy that reflects the changing nature of consumer
information, integrating all facets of communications to further innovate its
brand vision.

"This search comes as BMW is about to embark on an ambitious new model
offensive for 2006 and beyond," said Jack Pitney, Vice President, Marketing,
BMW of North America, LLC. "BMW has remained a leader in the industry by
constantly innovating and updating at every level -- from engineering and
design to marketing and communications -- and SRI is the right firm to find us
a partner that shares that vision."

SelectResources International is one of the nations premiere firms specializing
in agency searches, reviews and relationship management. Founded in 1992 by
former CEOs and senior marketing executives, the company has since completed
over 300 agency reviews and related projects.

"BMW is a brand with a unique position, tremendous substance and a
distinguished heritage," said Russel Wohlwerth, President of SelectResources
International. "The unique combination of stellar brand and product represents
the ultimate agency assignment." For more information on the agency search
please contact SRI directly at 310-453-9200.

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