Rába Automotive Group Continued Transition

2002 © Rába Rt. 2 Sales revenue HUF 57.3 Md US$ 200 m Export sales ratio 61.0% After tax profit HUF 1,802 m US$ 6.3 m EPS (HUF/share) 141 ROA (%) 2.6 ROE (%) 4.6 Number of employees (31Dec 2002) 5,310 Market capitalization HUF 22.8 bn (31 Dec 2002 ) US$ 85 m Key Statistics * *Consolidated and audited figures Rába benefits from: Over 100 years of engineering expertise Cost effective manufacturing Excellent geographical position Rába offers: Leading edge technology Competitive cost structure Short time-to-market combined with strong customer focus Rába is one of Hungary’s largest automotive manufacturers. Committed to meet the increasingly high standards of the modern automotive industry. Rába at a Glance

2002 © Rába Rt. 3 Rába Holding Axle Engine Shareholder level Real Estate Business level Automotive Components Specialty Vehicles Business Strategy Becoming a world class supplier on the world market Under the process of selling off Selling or utilizing all of the excess real estate Exploiting regional growth Participation in both domestic and foreign military tenders Strategic co-operation with DaimlerChrysler Forging a closer relationship with European OEMs Technical center

2002 © Rába Rt. 4 Markets and Customers (2001) Axle Business Product Range & Market Segments EU: Doppstadt GmbH., Daimler Chrysler, MAN CEE: Russian, Ukrain, Czech customers USA: Dana, ArvinMeritor, Deere Co., Caterpillar Asia: Vamco (Iran), Daewoo, Isuzu Domestic: Ikarusbus, BPW-RÁBA S.-America: Meritor Brasil, HVR Product and market strategy Strengthening participation in product development and outsourcing projects Reinforcing US position through customer specific competence centers Europe-focused geographical diversification through captive R&D and co-operation Enhancement of efficiency by reduction in the product range and aggressive cost-cutting Trucks Category 7-8 Buses Specialty Vehicles Rolling chassis

2002 © Rába Rt. 5 Components Business EU: ISE Gmbh., Sears Ltd., Breda S.p.a., Benteler A.G., NAF, Lear, Opel Polska Denso, Deutz, Visteon Parts Seats Cutting, Machined Product Range & Market Segments Markets and Customers (2001) Seat Systems Metal parts Domestic: Magyar Suzuki Rt, Ikarusbus Kft., NABI Rt, Bombardier Transportation Product and market strategy Pressed and cut vehicle components with a substantial life-span for global TIER1s Participation in forward-sourcing projects of the regional OEMs. Seats for commercial and rail-guided vehicles Seat components for European OEMs and Tier 1 suppliers Pressing, Assembling

2002 © Rába Rt. 6 Joint development, manufacture and distribution of a world class, competitively priced, state-of-the-art vehicle family. Development: DC-RABA Joint Venture Production: Final assembly exclusively at Rába Market:Military Tenders worldwide (Hungary, UK, etc.) Specialty Vehicles Strategic Co-operation with DaimlerChrysler The Hungarian Military Tender A promising opportunity still awaiting governmental decision Military vehicle manufacture is one of Rába’s traditional activities and strengths Significant engineering and manufacturing expertise Existing capacities for technical development Over a successful pre-qualification process A major growth opportunity for Rába’s domestic suppliers as well

2002 © Rába Rt. 7 Rába in Transition Joining the global automotive industry through strategic co-operations Focusing on the core businesses (axles, components, specialty vehicles) with continuous improvement of productivity and services Substantial growth over a five-year period of time through organic growth, major projects and acquisitions Disposal of non-core activities Selling or utilizing the excess real estate