Press Release

Mitsubishi Motors Corporation Concludes Agreement for 75 Billion yen in Syndicated Loans

Tokyo, July 28, 2009 — Mitsubishi Motors Corporation (MMC) concluded an agreement for 75 billion yen syndicated mid-term loan with The Bank of Tokyo-Mitsubishi UFJ, Ltd. as the arranger of the loan.

This funding had been factored into MMC's financing plans for this fiscal year. The funds are to be applied to capital investment for new vehicles. The repayment of the loan is set for March 2011, to coincide with the end of the current "Step Up 2010" mid-term business plan.

In order to strengthen its financial structure and operating base, MMC was successful in securing funds from a wide variety of financial institutions through syndication. The total amount of the loan is more than 20% higher than the amount originally planned (60 billion yen), and a total of 29 financial institutions are participating in the loan, centered on institutions that MMC currently has a financial business relationship with.

Outline of Syndicated Loan

Amount of Loan	:	74,940,000,000 yen
Loan Arranger	:	The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Participating Financial Institutions	:	29, Loan Arranger included
Date of Contract Execution	:	July 28, 2009
Start of Funding	:	July 31, 2009
Repayment Due Date	:	March 31, 2011