Press Release

SUBARU ANNOUNCES 2004 IMPREZA WRX STi PRICING

The most powerful Subaru ever offered for sale in North America

CHERRY HILL, N.J., April 23, 2003– Subaru of America, Inc., the only manufacturer to have all-wheel drive as standard equipment on every vehicle they make, announced today Manufacturer’s Suggested Retail Pricing (MSRP) for the 2004 Impreza WRX STi. The all-wheel drive WRX STi with a standard six-speed manual transmission is $30,995, and will be available with a choice of rally inspired gold or silver painted wheels.

Introduced earlier this year at the North American International Auto Show, WRX STi will be the performance flagship of the Subaru line when it arrives in dealerships at the end of May, and will earn distinction as the most powerful Subaru ever offered for sale in North America.

The Impreza WRX STi draws motorsports technology directly from Subaru expertise in World Rally Championship (WRC) competition, and is designed to appeal to the serious driving enthusiast. The WRX STi builds on the performance and styling success of the award winning Impreza WRX models that were an overnight success in the U.S. market. STI stands for Subaru Tecnica International, the high performance and motorsports subsidiary of Fuji Heavy Industries Ltd.

The Subaru Impreza WRX STi is powered by an intercooled and turbocharged 2.5 liter DOHC boxer engine with Active Valve Control System (AVCS), variable valve timing, and an intercooler manual control water spray system delivering 300 horsepower at 6000 RPM and 300 lb-ft. peak torque at 4000 RPM.

The Impreza WRX STi comes equipped with a 6-speed manual transmission and our most advanced Full-Time All-Wheel Drive system with a Driver Control Center Differential (DCCD), and a high performance inverted strut sport-tuned suspension to provide the ultimate combination of power and handling.

Impreza WRX STi also features the latest in performance safety engineering – as standard equipment. High intensity discharge (HID) low beam headlights provide increased forward visibility, while heavy duty Brembo® four wheel disc brakes with Electronic Brake-force Distribution, and Super Sport ABS provide superior braking stability. Additional standard safety features include front seat head/chest side impact air bags, dual front airbags, and three-point seatbelts for all seating positions.

All 2004 Impreza models, including the WRX STi, are equipped with a safety brake pedal system that is designed to yield during a serious frontal impact in order to help reduce injury to the driver’s lower limbs. The 2004 model year Impreza also meets all Federal Passenger Car Safety Standards. These models comply with Low Emission Vehicle Standards and are certified for sale in all 50 states. The 2004 Impreza features the peace of mind of standard 24-hour roadside assistance coverage for 3 years or 36,000 miles.

The destination and delivery fee is $550, except in Alaska ($685). The price listed does not include destination and delivery charges, licenses and state or local taxes. Independent distributor’s destination and delivery rates may vary; prices are subject to change without notice