BMW PERFORMANCE - IN MORE WAYS THAN ONE

BMW Establishes Auto and Home Insurance Program with Liberty Mutual Group

Woodcliff Lake, NJ, September 25, 2003 ... BMW Financial Services is offering
customers expanded coverage for auto and home insurance, including preferred
rates (where permitted by law)* and new vehicle replacement cost coverage
through its new Performance Insurance program, offered through the Liberty
Mutual Group.

"We are pleased to be able to provide our customers with the peace of mind that
comes with knowing their BMW and other valuable possessions are protected by
quality insurance coverage," said Bob Devine, Managing Director of BMW
Financial Services of North America, LLC. "In addition, the program's
preferred rates could amount to significant savings for many of our current and
prospective customers."

BMW Performance Insurance customers will benefit from special auto insurance
features, including:
· new vehicle replacement cost coverage for new vehicles totaled within the
first year and less than 15,000 miles**
· enhanced emergency roadside assistance***
· 24-hour claims reporting
· 12-month guaranteed rates
· a dedicated customer phone number with extended sales and service hours
· the convenience of automatic checking account deduction for premium payments

Interested BMW owners can enroll in the BMW Performance Insurance program or
obtain a no-obligation coverage evaluation and quote by calling 1-800-459-4309,
or by visiting a local Liberty Mutual office. Liberty Mutual offices can be
located online at www.libertymutual.com.

"This is an excellent opportunity for us to introduce Liberty Mutual automobile
and homeowners insurance to a group of car owners who collectively share our
passion for safety," said Timothy Sweeney, Liberty Mutual's Senior Vice
President and Manager, Personal Sales. "Through BMW Performance Insurance, we
can demonstrate to these potential customers that Liberty Mutual is a company
they can trust to deliver a valuable product with exceptional service."

BMW Financial Services

BMW Financial Services NA, LLC was established in 1992 as a captive finance
company to support the sales and marketing efforts of the BMW Group in North
and Latin America. With approximately $15 billion in managed assets and nearly
400,000 customers, BMW FS leases or finances more than half of the new BMW
vehicles sold in the U.S. BMW FS employs about 450 people, most of whom are
located in the Dublin, Ohio Customer Service Center.

BMW Financial Services provides a wide range of leasing, retail, commercial,
banking and insurance products tailored to meet the needs of BMW customers and
dealers in the United States, Canada, Mexico, Argentina and Brazil. All lease
servicing, including credit underwriting, funding, customer service, title
administration, lease-end and collections are handled at the Dublin customer
service center. A growing portfolio of banking, credit card and insurance
offerings is also available through the BMW Bank of North America.

Liberty Mutual Group

Boston-based Liberty Mutual Group (www.libertymutual.com) is a diversified
international group of insurance companies, and one of the largest multi-line
insurers in the North American property and casualty industry. A top-ten
provider of personal insurance products, the company sells full lines of
coverage for automobile, homeowners, valuable possessions and personal
liability insurance through more than 360 local sales offices and three call
centers in the U.S. and Canada. Liberty Mutual also is an industry leader in
group sponsored voluntary auto and homeowners insurance programs, offering
personal lines insurance through payroll deduction and direct billing to
employees and members of more than 8,500 companies, credit unions, professional
and alumni associations, and affinity groups.

Liberty Mutual offers a wide range of additional products and services
including general liability, commercial auto, commercial property, group life
and disability, integrated disability management, individual life and
annuities, structured settlements, and international programs. Liberty Mutual
has been the nation's leading provider of workers compensation insurance,
programs and services for more than 60 years.

Liberty Mutual Group ranks 129th on the Fortune 500 list of largest
corporations in the United States. The A.M. Best Company has rated Liberty
Mutual "A" (Excellent).

* Preferred rates not available in all states, and vary by state. Program
currently not available in Massachusetts or New Jersey.

** New Vehicle Replacement Cost Coverage does not apply to leased vehicles and
is not available in all states.

*** Service applies to auto policyholders and is provided by Cross Country
Motor Club, Inc., Boston, Mass., except in AK, CA, HI, OR, WI and WY where
service is provided through Cross Country Motor Club of California, Inc.,
Boston, Mass.

BMW Group In America
BMW of North America has been present in the United States since 1975. Since
then, the BMW Group in the United States has grown to include marketing, sales
and financial service organizations for the BMW and MINI brands and Rolls-Royce
Motor Cars; DesignworksUSA, an industrial design firm in California; a
technology office in Silicon Valley and various other operations throughout the
country. BMW Manufacturing Corp. in South Carolina is part of BMW Group's
global manufacturing network and is the exclusive manufacturing plant for all
Z4 roadster and X5 Sports Activity Vehicles. The BMW Group sales organization
is represented in the U.S. through networks of 340 BMW car, 327 BMW Sports
Activity Vehicle, 148 BMW Motorcycle retailers, and 70 MINI dealers. BMW (US)
Holding Corp., the BMW Group's sales headquarters for North, Central and South
America, is located in Woodcliff Lake, New Jersey.

Information about BMW Group products is available to consumers via the Internet
at:
www.bmwusa.com
www.bmwmotorradusa.com
www.miniusa.com
www.rolls-roycemotorcars.com

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Journalist note: Information about the BMW Group and its products is available
to journalists on-line at the BMW Group PressClub at the following address:
www.press.bmwgroup.com.

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