BMW GROUP 2001: FINANCIAL HIGHLIGHTS

Munich. The year 2001 was by far the most successful in the corporate history
of the BMW Group. In the first full year after setting out on a new strategy,
the Group's profit from ordinary activities, on an IAS basis, rose euro 1,210
million (+59.5%) to euro 3,242 million (2000: euro 2,032 million).
International Accounting Standards (IAS) were adopted for financial reporting
in 2001.

Group revenue grew by 3.3% to euro 38,463 million and net profit for the year
improved to euro 1,866 million (+54.3%). Return on sales on an IAS basis was
8.4% (2000: 5.5%). The equivalent figures on an HGB basis (i.e. German GAAP) in
2001 and 2000 were 7.3% and 4.7% respectively. (Please note that all figures in
the following analyses are presented on an IAS basis. The equivalent figures on
an HGB basis are shown in the attached table).

Dividend increase proposed

At the Annual General Meeting, the Board of Management and the Supervisory
Board will propose that the unappropriated profit of BMW AG of euro 350 million
be used to pay a dividend of euro 0.52 per share of common stock (2000: euro
0.46) and euro 0.54 per share of preferred stock (2000: euro 0.48) on the share
capital of the Company comprising euro 622.2 million common stock and euro 49.6
million preferred stock divided into shares with a nominal value of euro 1
each. This represents an increase in the dividend of 13% (common stock) and
12.5% (preferred stock).

All segments record higher results

The profit from ordinary activities of the Automobiles segment increased by
2.2% to euro 2,792 million despite the high level of costs incurred for the
on-going product and market offensive. The Motorcycles segment also surpassed
its previous year's result by 78.8% and recorded a profit from ordinary
activities of euro 59 million. The Financial Services segment' s profit from
ordinary activities increased to euro 390 million (+11.1%).

Earnings per share of common stock and preferred stock in 2001 (in accordance
with IAS 33) were euro 2.78 and euro 2.80 respectively. In the previous year,
earnings per share were euro 1.80 and euro 1.82 respectively on an IAS basis.
On an HGB basis and computed using the formula of the DVFA/SG, earnings per
share in 2001 (including a one-off benefit of euro 0.27 per share due to
changes in German tax legislation) increased to euro 2.67. The equivalent value
in 2000 was euro 1.63.

Business expected to develop positively

The favourable business development seen in the past year has continued in the
first two months of the new fiscal year. In the words of Prof. Dr.-Ing. Joachim
Milberg, the Chairman of BMW AG "We anticipate that the positive trend will
continue throughout the fiscal year 2002 and that the BMW Group will therefore
be able to post improvements on all key performance indicators".

Stefan Krause appointed as member of the Board of Management, Finance
At its meeting held today, the BMW AG Supervisory Board appointed Stefan Krause
as member of the Board of Management responsible for Finance to succeed Dr.
Helmut Panke. As already announced, Dr. Helmut Panke, who is currently
responsible for Finance, will become Chairman of the Board of Management when
Prof. Dr.-Ing. Milberg stands down on 16 May 2002 at the end of the Annual
General Meeting. Prof. Milberg's appointment to the Supervisory Board will be
proposed at the Annual General Meeting on 16 May 2002.

Please download the attached chart for financial highlights.