BMW GroupAnnual AccountsPress Conference

17 March 2004

1,000

2003 Year of Business.Development of Segments.

2002 2003

Deliveries (1,000)

BMW Group

200

400

800

1,200

600

Deliveries (1,000)

BMW Motorcycles

100

Business Vol. in € bill

Financial Services

5

15

30

25

20

10

20

40

80

60

Rolls-Royce

MINI

BMW928

176

0.3

913

14492.6 93.0

26.528.6

2003 Year of Business.Revenue.

€ bill

10

20

30

50

2002 2003

40 41.5342.41

2003 Year of Business.Result of Ordinary Business Activities.

€ bill

0.5

1.5

2.5

3.5

2002 2003

3.0

1.0

2.0

3.297 3.205

2003 Year of Business.Annual Surplus.

€ bill

0.5

1.0

2.0

2002 2003

1.5

2,022.02 1.95

2003 Year of Business.Development of Equity Ratio.

5

20

30

25

in %

1993 1995 20031997 1999 2001

10

15

1993 – 1999: HGB, 2000 – 2003: IAS

2003 Year of Business.Development in the USA.

1993 1995 20031997 1999 2001

Deliveries (1,000)

277

7893

122

155

213

Market Share in %

2.0

1.0

1.7

0.650

100

150

300

250

200

50

100

150

300

250

2003 Year of Business.Top Ten Sales Markets.

Deliveries (1,000)

200

USA South Afrika

D GB I J F E ChineseMarkets

B

277

19

256

134

67

49 43 402527

2003 Year of Business.Deliveries of BMW Automobiles.

in 1,000 units

200

400

600

1,000

800

2002 2003

52847

185

10558

3 Ser.

5 Ser.

X57 Ser.

Z43 Ser.

5 Ser.

X57 Ser.Z8

Z3/Z4561

172

1015411

24

2003 Year of Business.Deliveries of MINI Automobiles.

in 1,000 units

25

75

100

175

125

50

150

20032002

8780

44

27

4537 MINI

One + D

MINI Cooper

MINI Cooper S

2003 Year of Business. Capital Expenditure.

2002 2003

€ bill

1

2

3

5

4 4.044.25

2004 Year of Business. US Premium Market.

2004 Year of Business. Chinese Future Market.

2004 Year of Business. Growth in Europe.

2004 Year of Business. Individualisation and Differentiation.

2004 Year of Business.Objectives.

The BMW Group is entering 2004 full of confidence:

New records in deliveries with all three brands.

New record result in ordinary business activities.

2004 Year of Business. High-Performance Products.

2003 Year of Business.Global Workforce.

in 1,000

20

40

60

100

2002 2003

80

101,400 104,300

BMW GroupAnnual AccountsPress Conference

17 March 2004