NAZA ENHANCES BRAND BY UNVEILING (US$21,666) SOLAR VEHICLE

KUALA LUMPUR, July 5 (Bernama) -- Naza World sees a great opportunity via
the younger generation to strengthen the Naza brand with the unveiling of its
RM65,000 (US$21,666) solar vehicle Tuesday.

Naza Group of Companies group executive chairman SM Faisal SM Nasimuddin
said the group, which currently recorded a 70 per cent share of its foreign
brand, was eager to play a role in integral projects that provide the automotive
industry with greener options for the future.

"Naza is proud to support the inspirations of Malaysia's youth, and we're
always encouraged to empower the younger generation since there are a lot of
potential in them to create a better leader.

"This is such a great vehicle designed by our youths. We will look for other
opportunities because this is a kind of "win-win" situation," he told reporters
after handing a cheque for RM65,000 to sponsor the Taylor's Eco Team.

Built by a team of five first-year engineering students of Taylor's
University, the energy-efficient vehicle was designed to compete in the upcoming
Shell Eco-Challenge Race in two categories -- urban and prototype.

The winning vehicle is the one that achieves the farthest distance using the
least amount of energy.

Naza Group of Companies is Malaysia’s largest and prestigious importer of
luxury automobiles and was originally founded in 1975. As the main importer and
distributor of automotive brands such as Ferrari, Peugeot and Brabus, Naza has
all but grown into one of today’s leading conglomerates in Malaysia.

Latching on the success of its automobile business, it has since
diversified into a variety of prominent industries which includes property
development, motorbikes, hospitality, food & beverages, finance & insurance,
manufacturing, research & creative solutions, transportation & logistics and
agriculture.