BMW UNVEILS NEW ADVERTISING CAMPAIGN

"Company of Ideas" Emphasizes BMW's Independence and Innovation

Woodcliff Lake, NJ - May 8, 2006... With a bold campaign featuring unexpected
elements such as all-text ads and clever copy that bashes corporate convention
and compromise, BMW's new campaign in the U.S. challenges conventions in
automotive advertising as it launches its first creative collaboration with its
new advertising partner, Austin-based GSD&M. The campaign, called "Company of
Ideas," underscores the automakers peerless independence and freedom to pursue
innovative ideas. "Company of Ideas" will kick off May 8 and will appear
nationally in newspapers, magazines, primetime television finales, national
cable, outdoor billboards and the web.

The dynamic campaign is aimed at the consumers who share many of BMW's
principles: an independent spirit, a drive to challenge conventional wisdom
and an appreciation for a brand's ability to offer both substance and style.
With references to everything from BMW's award-winning Leipzig, Germany plant
designed by famed architect Zaha Hadid to the BMW plant in South Carolina, the
ad spotlights the fact that more than 50% of the energy used is derivied from
methane piped from a land fill more than nine miles away. The "Company of
Ideas" shines a spotlight on a side of the premium automaker rarely seen.

The goal of this campaign is to build demand for BMW by reaching consumers who
have not historically considered purchasing a BMW while making existing BMW
loyalists proud of BMW's success story. The campaign demonstrates that the
people of BMW are what make the company a Company of Ideas.

"We are eager to unveil this smart and original campaign that communicates
BMW's culture of creativity so thoroughly," said Jack Pitney, Vice President,
Marketing, BMW of North America. "BMW has carved out a unique niche in the
industry by placing a premium on constant innovation and inspiration and this
campaign will reveal the company behind The Ultimate Driving Machine."
"BMW's performance is legendary, but how they get there is an important part of
the story as well," said GSD&M president Roy Spence. "They get there through
passion and inspiration - they aren't hindered by idea-killing bureaucracy."

The print ads are unprecedented and differ vastly from most automotive
advertising campaigns with the majority of these ads being all text pieces
featuring simple but bold copy without any photo of the BMW vehicle. The ads
catch the eye with their strong and stunning message. Each of the pieces
highlights BMW's autonomy and commitment to protect great ideas and conclude
with variations on the phrase, "to make sure great ideas live on to become
Ultimate Driving Machines." The ads include:

NO: A simple bold print ad with the word, "No" in large type confidently
asserting that BMW has the ability to say "no" to compromise while saying "yes"
to innovative ideas. This "all text" ad explains that BMW will do a thousand
little things that separate it from all other car companies. By maintaining
its independence and ability to say no, BMW can make sure great ideas live on
to become Ultimate Driving Machines.

MATCH: Another print ad that features only text, challenges readers to pair
luxury car brands with their respective parent companies. The accompanying
text explains that not many car companies can say they are beholden to no one.
As an independent company, BMW has the freedom to build cars the way it wants
to build them. The company can take risks that their competitors may not be
able to justify to their parent companies.

AIRBAGS: This print ad features a BMW vehicle and reiterates that ideas are
valued at BMW. The ad features a BMW vehicle and tagline, "Ideas don't have
airbags to protect them." The accompanying text explains that ideas are highly
vulnerable creatures and must be nurtured and protected.

RISKY: A print ad prominently featuring a BMW 7 Series vehicle with the tag
line "Not taking risks is risky" sends a strong message that only companies as
open to taking risks as BMW can deliver on the promise of the Ultimate Driving
Machine. For example, the redesign of the 7 Series in 2002 sparked debate when
it was first unveiled. The text of this ad stresses the luxury of autonomy but
points out that with freedom comes an obligation to never rest on one's laurels
and to trust one's instincts while entering unchartered territory and striving
to set benchmarks as BMW did with the redesign of the 7 Series. This ad
reminds the audience of BMW's leading-edge vehicle design.

Along with this unconventional print campaign, BMW and GSD&M have also decided
upon a well thought out and untraditional media buy. The ads will be placed in
lifestyle publications specific to art, design, luxury, environment, travel and
sports and includes a presence in magazines such as Architectural Digest,
Dwell, GQ, Vogue, Vanity Fair, The Economist, Fortune and Forbes and newspapers
such as The New York Times, USA Today and The Wall Street Journal.

Four TV ads will air on network and cable programming, including the season
finales of most of the top network shows.

The television ads will highlight the same theme as "No" print ad by portraying
the kinds of personalities that create barriers to inspired thought with levity
and humor. Each of these ads will conclude with a shot of the state-of-the-art
BMW plant in Leipzig designed by Zaha Hadid. Hadid won the coveted Pritzker
Prize in 2004 for the creation of the "Central Building," which is the nerve
center of the entire factory. The building is emblematic of BMW's philosophy
of inspiration and innovation and serves as a symbol of the importance placed
on creative ideas.

OVERTHINKERS: The viewer sees images of stuffy corporate types accompanied by
a voiceover cautioning them to be wary of overanalyzers who don't see an idea's
true potential. A shot of the Leipzig plant is seen with a voiceover
explaining, "at BMW ideas are everything." The camera follows the high-tech
environment and continues, "We make sure great ideas live on to become Ultimate
Driving Machines."

EUPHEMISMS: The ad opens on portraits of typical corporate people looking
directly into the camera with a voiceover saying to beware of those who speak
in euphemisms. The voice gives examples including, "You've presented some very
challenging ideas." It then offers a translation of, "I am scared of your
thinking." Another example, "Keep that idea in your back pocket" and its
translation, "Your idea is about to die a slow death." The camera again cuts
to the celebrated BMW plant in Leipzig and ends with the campaign tagline, "We
make sure great ideas live on to become Ultimate Driving Machines."

BENEDICT ARNOLD: This spot opens up with a voice over saying to beware of the
"Benedict Arnolds" who originally support an idea, but then turn on it the
second the idea meets any resistance. The ad then cuts to the BMW plant at
Leipzig ending with the tagline, "At BMW ideas are everything, and as an
independent company, we make sure great ideas live on to become Ultimate
Driving Machines."

ENEMY OF IDEAS: The spot opens up on corporate businesspeople looking into the
camera and a voiceover saying they are the enemy of ideas. They say things
like, "Let me play the devil's advocate," or "With all due respect, but..." and
then it cuts to the BMW plant in Leipzig with the tagline "at BMW ideas are
everything and as an independent company, we make sure great ideas live on to
become Ultimate Driving Machines.