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February Sales Performance
March 1, 2004


FEBRUARY 2004 – BAJAJ CLOCKS GROWTH OF 10% IN MOTORCYCLES

FEB 2004 FEB 2003 GROWTH
MOTORCYCLES 84,170 76,661 10.0%
TOTAL 2 WHEELERS 106,558 100,118 6.0%
3 WHEELERS 20,120 14,296 41.0%
TOTAL 2 & 3 WHEELERS 126,678 114,414 11.0%
EXPORTS OUT OF ABOVE
13,831 7,565 83.0%
MOTORCYCLES

Aided by growth in Executive & Premium segments - Bajaj recorded a sale of 84,170

motorcycles in February 04, a 10% growth over February 03.

In the premium segment the Bajaj Pulsar DTSi twins recorded 25,855 units sale, up 10% compared with the 23,429 units sold in February 2003.

In the executive segment the Bajaj Caliber 115 and the Bajaj Wind 125 together accounted for 15,643 units, up 28% compared with last February’s 12,193 units.

THREE WHEELERS

At 20,120 units, up 41% over February 03, demand for 3 wheelers continues to be strong, both in domestic and export markets.

EXPORTS

Exports for the month stood at 13,831 units as against 7,565 units in February 03 - growth of 83%.

Bajaj-Kawasaki export marketing initiative flagged off by launching Bajaj BYK, Caliber-115 and Wind-125 in the Philippines market on 3rd February 04 at Manila through KMPC (Kawasaki Motor Philippines Corporation).


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