AISIN Establishes A New Auto Parts Manufacturing Company in Czech (December 11, 2002)

AISIN EUROPE S.A. (President: Osamu Tajima; Headquarters: Braine-L'Alleud, BELGIUM), European operation company of Aisin Seiki Co., Ltd. (President: Kanshiro Toyoda; Headquarters: Kariya-city, Aichi, Japan), established AISIN EUROPE MANUFACTURING CZECH s.r.o., a new manufacturing company for engine related parts in Pisek City, Czech. It is Aisin Seiki's second manufacturing base in Europe.

AISIN EUROPE MANUFACTURING (UK) LTD. (President: Kenji Hattori; Headquarters: Birmingham, U.K.) has been manufacturing water and oil pumps for the European market. Since more production volume is expected, AISIN EUROPE S.A. has established a new manufacturing base in Continental Europe to transfer production, aiming at expanding new business development.

To achieve the overall goal of becoming a global supplier, Aisin Seiki, along with the AISIN Group, strives to move ahead with the establishment of overseas production bases best suited to each major region and with the construction of an efficient production structure.

<New Headquarters profile>

1.Company name:	AISIN EUROPE MANUFACTURING CZECH s.r.o. (AEM-C)
2.Date of establishment:	November 6, 2002
3.Location:	Pisek City, Czech
4.Capital investment:	48 million euros
5.Share distribution:	100 percent from AISIN EUROPE S.A.
6.President:	Susumu Takase (appointment planed for February 2003)
7.Area:	Land -154,000 square meters Building - 3,600 square maters
8.Products:	Engine related parts (Water pump, oil pump, etc.)
9.Start of operations:	September 2003
10.Annual sales:	30 million euros (projected for 2004)
11.Number of employees:	70 (projected for 2004)