January Sales Release

February 1, 2006 New Delhi

City Sales Jump by 28%

New Delhi, February 1: Honda Siel Cars India Ltd. (HSCI), leading manufacturer of premium and luxury cars in India, has registered an impressive growth of 20.64% in sales in January, 2006 over its performance in January 2005.

The company sold a total of 4,570 cars during the month as compared with 3779 cars sold during the corresponding month last year.

Reflecting the tremendous response received by the City ZX range and the VTEC variant in particular, the sales of City ZX have also grown over 27%. The company sold 4,107 units of the car during the month as compared with 3204 units sold in January 2005.

The month of January 2006 also saw the company being conferred the honour of ‘Manufacturer of the Year’ by two of the most covetted automobile awards – NDTV Profit - Bike & Car India and CNBC TV18-Autocar India, reiterating the company’s superb overall performance during 2005.