THE ALL-NEW 2003 BMW Z4 roadster

BMW's new premium two-seater features a fresh new design and all-new chassis

Woodcliff Lake, New Jersey July 1, 2002 ... The all-new BMW Z4 roadster marks
another highlight in BMW's new design strategy, and sets new standards for
premium roadsters. When its predecessor, the BMW Z3 roadster, was introduced in
1995 (as a '96 model), it captured people's attention - in particular with its
public debut as James Bond's new company car in Goldeneye and virtually created
the premium roadster segment. Its replacement is so completely revised that it
will carry a new designation - BMW Z4.

The new Z4 is a modern interpretation of all the classic roadster features - a
long and sweeping hood, a long wheelbase, short overhangs and a low seating
position in a cockpit that is set back. The design of the car is all new and
characterized by the intriguing interplay of convex and concave surfaces, hard
edges and curves. This interplay of surfaces creates new transitions of light
and shadow from every angle, giving the Z4 an eye-catching visual character.
The new body offers the roadster aficionado not only a spacious cockpit with a
design that echoes the sophisticated nature of the exterior, it also boasts a
large luggage compartment offering about nine cubic feet of space, which is
large enough for two golf bags. The soft roof comes with a heated glass rear
window and neatly folds down for storage. An integrated tonneau cover
eliminates the need for an attachable boot. The available fully automatic top
can be raised or lowered in about 10 seconds.

Available with a choice of two high-torque in-line sixes, the Z4 roadster 3.0i
(225-horsepower) and the Z4 roadster 2.5i (184-horsepower) offer more than
enough power to keep things interesting. The Z4 roadster 3.0i will be
available with a choice of 6-speed manual or 5-speed STEPTRONIC automatic,
while the Z4 roadster 2.5i offers a 5-speed manual or STEPTRONIC automatic.
Next spring a Sequential Manual Gearbox (SMG) will be available in both models.
The Z4's handling will establish new benchmarks. The suspension is a modified
version of the highly acclaimed suspension from the 3 Series. Dynamic Drive
Control (DDC), available as an option, features a "Sport" Button. It provides
even more spontaneous acceleration and power at the touch of the gas pedal,
quicker steering, as well as an even more aggressive shifting program for the
five-speed automatic transmission.

The Z4's wide track, extremely low center of gravity, optimum 50:50 weight
distribution and very precise electric power steering help give the new Z4 its
outstanding agility. Fade-free high-performance brakes, standard Run-Flat tires
and Dynamic Stability Control (DSC) with an on-demand traction mode contribute
to outstanding safety in all driving situations.

Standard features of the new Z4 include a leather sports steering wheel, sport
seats, a rollover safety system, and remote entry system. Options available at
extra cost include a DVD-based navigation system with 16:9 display which
retracts into the instrument panel, a premium sound system with Carver
technology for powerful bass reproduction, and an integrated hands-free phone.
The BMW Z4 roadster will be available for sale in the US market this fall, then
will make its appearance in Europe in spring 2003. As before, the new roadster
will be built in Spartanburg, SC.

BMW Group in America

BMW of North America has been present in the United States since 1975. Since
then, the BMW Group in the United States has grown to include marketing, sales
and financial service organizations for the BMW and MINI brands; a South
Carolina manufacturing operation; DESIGNWORKS/USA, an industrial design firm in
California; a technology office in Silicon Valley and various other operations
throughout the country. The BMW Group is represented in the U.S. through
networks of 340 BMW car, 327 BMW Sports Activity Vehicle, 148 BMW Motorcycle
retailers and 59 MINI car dealers. BMW US Holding Corp., the Group's
headquarters for North, Central and South America, is located in Woodcliff
Lake, New Jersey..

Information about BMW Group products is available to consumers via the Internet
at http://www.bmwusa.com http://www.bmwmotorcycles.com and
http://www.miniusa.com.

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Journalist note: Information about the BMW Group and its products is available
to journalists on-line at the BMW Group PressClub at the following address -
www.press.bmwgroup.com.