Press Release

Thai Car of the Year Awards announced at Bangkok International Motor Show:

Triton takes Best Economy Pickup Truck and Best Pickup Truck, Space Wagon takes Best MPV awards

TRITON

Space Wagon

Tokyo, March 24 2006 — Mitsubishi Motors Corporation announced today that the company's Triton pickup truck and Space Wagon (Japan market name "Grandis") minivan models both emerged as prize winners in the Thai Car of the Year Awards held at the 27th Bangkok International Motor Show¹. Triton won the Best Realistic Fuel Economy Pickup Truck, 2.5L Engine Class, and the Best Pickup Truck, Double Cab 4WD Class awards while Space Wagon took the Best MPV award. The awards were presented at a ceremony held on March 23 in the BITEC Grand Hall.

Triton has found favor with customers for its sedan-like ride, its original exterior and interior design features and the powerful performance delivered by a new diesel engine that uses common rail direct fuel injection technology. The Best Realistic Fuel Economy Award (pickup truck category 2.5-liter class) was presented on the basis of fuel consumption under actual driving conditions in Thailand and as such is solid testimony to Triton's outstanding practical utility and economy.

Domestic market sales of the Triton pickup, which was launched in Bangkok on August 25 2005, are growing healthily and reached a cumulative 18,600 units (August 2005 through February 2006). In addition, export shipments to Europe (European market name "L200") started in December 2005. As a global strategic model, a full export program to about 140 countries will begin in the middle of 2006, and exports to Japan will begin this autumn.

The Space Wagon minivan took the Best MVP award for the second year running, winning the judges' votes for its next-generation minivan qualities that enhance and enrich user lifestyles.

¹	27th Bangkok International Motor Show: Held from March 22 until April 2, (open to the general public from March 24) at the Bangkok International Trade and Exhibition Centre (BITEC).