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NISSAN ANNOUNCES PRICING ON LIGHT COMMERCIAL VEHICLES

TOKYO (August 29, 2008)�Nissan Motor Co., Ltd., today announced price increases for several models of its light commercial vehicles in Japan,effective from October 1st.

The average price increase is 2.2% (on main vehicle grades), consistent with other industrial equipment and heavy-duty truck manufacturers, including Nissan Forklift. The pricing action has been taken as a consequence of rising costs of raw materials, particularly the impact of rising steel costs.

Effective from 1st October, 2008
New pricing for affected models :

Model	Main Grade	New Price*	Increased Amount	Increased Rate (%)
Atlas H43	3.0 Wide Longbody Full Super Low 2t	4,099,000	70,000	1.7%
Atlas F24	3.0 Standardbody Super Low 1.5t	2,520,000	70,000	2.9%
Civilian	3.0 Longbody SV 29 Seating Capacity	5,660,000	70,000	1.3%
Caravan	Van 2.0 3/6 Seating Capacity 5-Door DX	1,910,000	30,000	1.6%
Vanette	Van 2.0 3/6 Seating Capacity 4-Door DX	1,790,000	50,000	2.9%
AD/AD Expert	1.5 VE	1,328,000	35,000	2.7%

* Price increase does not include consumption tax or recycling fees.

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For more information, contact:
Nissan Motor Co., Ltd.
Communications CSR Department
Global Communications CSR and IR Division
Tel:+81-(0)3-5565-2141
http://press.nissan-global.com/EN

The RENAULT-NISSAN alliance invests 1 billion rand (80 million euros) in a new manufacturing project in South Africa

A new Nissan half-ton Pickup NP200 and Renault Sandero are to be produced at Nissan�s Rosslyn plant (Pretoria). Production of the new Nissan half-ton Pickup NP200 has already started in the plant. The production of Renault Sandero will start in 2009.
This project marks the first time that a Renault vehicle will be produced in South Africa.
Some 300 jobs will be created in the plant in 2008.

PARIS/ TOKYO/ JOHANNESBURG (July 18, 2008) - The Renault-Nissan Alliance has confirmed the launch of a new manufacturing project in South Africa. Nissan�s manufacturing plant at Rosslyn was identified as having the potential to maximize synergies between Renault and Nissan.

With this manufacturing project, the two groups are reaffirming their commitment to South Africa. Renault and Nissan are to invest 1 billion rand (80 million euros) in the project to adapt two cars to the South African market (e.g. right-hand drive), prepare the plant, and develop the local components and accessories supply chain. Current production output at the plant is 40,000 units per year. This will increase to 68,000 units in 2009 as a result of the investment. The local integration rate will be 25% at the start of production and gradually increase afterwards. Production will initially be sold in the local market.

Production of the new Nissan half-ton Pickup NP200 follows the end of 1400 Bakkie production. �Nissan has built up a formidable reputation in the light commercial vehicle (LCV) segment of the market and the retirement of the legendary 1400 Bakkie should not be viewed as the end but rather the beginning of an era,� emphasized Nissan South Africa Managing Director Mike Whitfield, who said that Nissan South Africa was dedicated to sustaining its reputation in the sector.

Xavier Gobille, Managing Director of Renault South Africa explains: �Sandero will represent affordable motoring, produced to meet the needs of the South African market and will be the first Renault product manufactured in South Africa�. Renault Sandero will contribute significantly to Renault�s growth in South Africa. In the coming years, Renault will expand the product line-up offered to South African customers with vehicles ranging from entry-level to upper range. Among them will be New Twingo, a lively little car, connected and practical, and Koleos, Renault�s first crossover, set for launch in South Africa in 2008.

Media contact :

Renault South Africa
Alyson Strever
+ 27 (011) 607 7306
Renault Corporate Communications
Axelle de Ladonchamps: +33 (0) 1 76 84 64 69
Web site: www.media.renault.com

Nissan South Africa
Pat Senne and Veralda Schmidt
Tel: + 27 (012) 529 5000
Email: pats@nissan.co.za;veraldas@nissan.co.za
Nissan Motor Co., Ltd.
Global Communications and CSR Division
Tel : +81 (0) 3 5565 2141 (Corporate)
Web site: http://press.nissan-global.com/EN/

Addendum

Nissan in South Africa

1963: Establishment of assembly plant in Rosslyn, northwest of Pretoria

1973: Engine plant established

1992: 1 000 000th car assembled

1995: ISO 9002 certification achieved in all plants

2000: ISO 14001 certification achieved to light and heavy assembly plants

Nissan South Africa, Sales subsidiary
Legal status and distribution of share capital: Limited Company 100% held by Nissan
Date of establishment: 1963
Workforce: 1902 employees as of 30 June 2008
Dealer network: 114 dealerships in SA

Nissan plant of Rosslyn
Date of establishment: 1963
Activities: Body assembly of the Hardbody, Tiida Hatchback, Tiida Sedan, Grand Livina, Livina and Livina X-Gear as well as NP 200.
Certifications: ISO 9001 and ISO14001
Vehicles assembled: 43,792 units (FY07)
Production lines: 2 lines

Renault in South Africa

1996: Signing of an import contract with Imperial Car Imports (ICI).

1998: Opening of the Renault Representation Office.

2001: Renault first automobile importer in South Africa.

2002: Creation of the Renault South Africa joint venture company, following the acquisition by Renault of 51% of the ICI subsidiary.

Renault South Africa, Sales subsidiary
Legal status and distribution of share capital: Limited Company 51%-held by Renault and 49%-held by Imperial.
Date of establishment: 2002
Workforce: 533 employees on June 30, 2008.
Dealer network: 47 dealerships in SA and neighbouring countries

Renault Corporate
The Renault Group generated global revenues of �40,682 million in 2007. It designs, engineers, manufactures and sells passenger and light commercial vehicles throughout the world. The Renault Group is present in 118 countries and sells vehicles under its three brands � Renault, Dacia and Samsung. The Renault Group employs 129,000 people worldwide.

Nissan Corporate
Nissan Motor Company generated global net revenues of 10.824 trillion yen in 2007. Nissan is present in all major auto markets worldwide selling a comprehensive range of cars, pickup trucks, SUVs and light commercial vehicles under the Nissan and Infiniti brands. Nissan employs over 224,000 people worldwide.

Renault-Nissan Alliance
The Renault-Nissan Alliance, created in 1999, has sold 6,160,046 vehicles in 2007. The Alliance aims to be ranked in the top three in terms of quality, technology and profitability amongst the major global automakers.

Dongfeng Motor Co.,LTD. announces sales target of one million vehicles by 2012 in mid-term business plan for China

BEIJING (May 28, 2008) � Dongfeng Motor Co., Ltd. (DFL), Nissan�s local partner in China, today announced it�s 2008 to 2012 mid-term business plan for China focused on building a stronger market position and increased global competitiveness.

The ambitious five-year plan, named Plan 1³ (�one cubed�), expands on the company�s previous business blueprint, Plan 2³ (�two cubed�), under which the company doubled sales volume between 2003 and 2007.

Plan 1³ has the following objectives represented by three �1�s:

   1. Significant Growth
        Further business expansion targeting sales of 1 million vehicles and revenue of RMB 100 billion
       (USD: 14.5 billion) by 2012

   2. Operational Enrichment
        1^st Class in quality at all levels of product, sales & service and cost competitiveness

   3. Trusted Company
       Creating 1 company through the formation of a single DFL corporate culture that combines the best of the
        Dongfeng Group and Nissan

Details of these three objectives are:

Significant Growth

DFL sales have grown rapidly in China, reaching 610,000 vehicles in 2007. Based on this growth trend, DFL will target vehicle sales of more than one million units and revenue of RMB 100 billion by 2012. DFL will launch more than 10 new passenger vehicles under the Nissan brand and more than five new light commercial vehicles (LCVs) under both the Nissan and Dongfeng brand names.

Part of the sales growth will be supported by local production at a new LCV plant built by DFL at Zhengzhou in Henan province. Production will start in 2010. DFL, Dongfeng Automobile Co., Ltd. (DFAC) and Nissan (China) Investment Co., Ltd. (NCIC) will invest RMB 1 billion (USD: 145 million), for an installed capacity of more than 120,000 vehicles per year.

In further support of growth, DFL will expand its sales network for both passenger vehicles and LCVs. The number of dealerships will increase from 300 to 420 for passenger vehicles, from 420 to 630 for LCVs and from 250 to 380 for heavy & medium commercial vehicles (H&MCVs) from 2007 by 2012.

Another key element for DFL�s growth strategy will be strengthening of the company�s overseas business to meet commercial vehicle demand in growing markets by doubling the export ratio from 5% in 2007 to more than 10% by 2012 in total sales of LCVs and H&MCVs. Both the number of models and destinations for export will be increased to achieve this objective.

�From combined sales for passenger vehicles and commercial vehicles of 298,000 units in 2003, in line with our business plan, we doubled sales to 610,000 units in 2007,� said Kimiyasu Nakamura, president of DFL. �PLAN 1³ aims to accelerate our growth in China based on the foundation of Plan 2³. Our goal is to build and maintain a strong position in the Chinese markets.�

Operational Enrichment

DFL�s continued commitment to competitiveness will be achieved through high quality R&D capability, products and sales & service operations. To enhance cost competitiveness, DFL will work towards increasing localization of the passenger vehicles for transmissions, engines and other parts from 70 percent in 2007 to 90 percent in 2012.

Dongfeng Nissan Technical Center will address more engineering functions in addition to current testing and parts localization. And in support of a thoroughly trained dealer body, the Huadu training center will provide product and sales & service education to dealerships focused on customer-oriented management.

Trusted Company

A new objective for PLAN 1³ is for DFL to become identified and recognized as a �Trusted Company.� A significant element of this will come from the robust DFL corporate culture that will evolve as a unified blend of the working cultures of Dongfeng Group and Nissan. DFL aims to be a trusted company by delivering valuable products and services that meet the needs of stakeholders, including customers, employees, suppliers and shareholders, while meeting the needs of the larger society by meeting environmental and social expectations.

DFL will bring environmental friendly technology to market through all business activities including products and services. The company aims to boost the number of passenger vehicle sold with continuously variable transmissions (CVTs) to 50 percent of sales by 2012.

DFL also will be exploring alternative fuel trucks, such as liquid natural gas (LNG).

DFL will continue work on STAR WINGS, the new navigation system that will be available with the new Nissan Teana. STAR WINGS is a cooperative project between Nissan and the Beijing Transportation Information Center (BTIC) which enables city drivers to shorten driving times by using real-time traffic information, leading to reduced travel time up to 20 percent based on market trial conducted by Nissan.

Through the elements set forth in PLAN 1³, DFL has set a sales target of 680,000 vehicles for 2008.

About DFL

Dongfeng Motor Co., Ltd. was established in 2003 as a result of a comprehensive, strategic partnership between Dongfeng Group and Nissan Motor Co., Ltd. DFL is the first joint venture in China to have a full line-up of passenger vehicles, LCVs and H&MCVs, and has grown faster than then the total market in China. Registered capital of the company is RMB16.7 billion (USD: 2.4 billion), the largest automotive joint venture investment in China, with Dongfeng and Nissan each holding a 50 percent stake.

Nissan Business in China

Since the establishment of DFL, Nissan�s sales volume including both passenger and light commercial vehicles showed a sharp rise from 94,000 units in 2003 to 458,000 units in 2007. Nissan also launched its luxury brand, Infiniti, in China in 2007.

In 2008, Nissan plans to sell 500,000 vehicles, including four new Nissan models and three new Infiniti models. And by 2012, Nissan expects to reach sales of 800,000 units annually.

Note: Amounts in dollars are translated for the convenience of the reader at the foreign exchange rate of RMB 1 per USD 0.145.

Contact:
Nissan Motor Co., Ltd.
Communications CSR Department
Tel: +81-(0)3-5565-2141 (Corp) / 2142 (Product) / 2334 (IR)
http://press.nissan-global.com/EN (Press)
http://www.nissan-global.com/EN/IR (IR)

Ashok Leyland and Nissan sign 3 LCV JVs

CHENNAI (May 26, 2008) - Hinduja Group flagship Ashok Leyland and Nissan Motor Co., Ltd., today announced the legal formation of the three JV companies for the Light Commercial Vehicle (LCV) business in India for vehicle manufacturing, powertrain manufacturing and technology development. This follows the signing of the Master Co-Operation Agreement between the two companies in October 2007

The shareholding structures of the three joint ventures are as under:

� Ashok Leyland Nissan Vehicles Pvt. Ltd., the vehicle manufacturing company will be owned 51% by Ashok Leyland and 49% by Nissan;

� Nissan Ashok Leyland Powertrain Pvt. Ltd., the powertrain manufacturing company will be owned 51% by Nissan and 49% by Ashok Leyland;

� Nissan Ashok Leyland Technologies Pvt. Ltd., the technology development company will be owned 50:50 by the two partners.

The aggregate investment in all three companies will be around Rs. 23 billion (approx. 575 Million USD). The enterprise will involve a capacity of 100,000 vehicles in the first phase, to be scaled up subsequently. The plant is expected to start production from 2010/11. Among the three platforms identified, covering applications up to 7.5 ton Gross Vehicle Weight, is an all-new generation Nissan Atlas F24 light-duty truck. In addition, an all-new engine is being developed specifically for LCV applications, as part of the range of Euro 3 and Euro 4 compliant diesel engines.

Executive comments

Mr. R. Seshasayee, Managing Director, Ashok Leyland:
�The current growth plans of Ashok Leyland involve, not only our stated capacity additions and new product launches but also, with this important step, our entry into the fast-growing LCV segment. The balanced JV structure facilitates meaningful contribution from both partners and the best opportunity to leverage their respective strengths.�

Mr. Carlos Tavares, Executive Vice President, Nissan:
�We made another important step in the creation of a solid structure that will allow Nissan and Ashok Leyland to enter successfully the light commercial vehicle market in India and global markets. This represents an important embedded element in our new NISSAN GT 2012 plan based on growth and trust.�

The Hinduja Group is an investment and banking group with a diversified global portfolio of holdings across the manufacturing services and banking sectors. The Group, founded by Shri P.D. Hinduja in 1914, has activities across three core areas: Investment Banking, International Trading and Global Investments. As part of its Global investments, the Group owns businesses in Automotive, Information Technology, Media, Entertainment & Communications, Banking & Finance, Infrastructure, Project Development, Chemicals & Agri business, Energy, Real Estate and Healthcare. The Hinduja Group also supports charitable and philanthropic activities across the world through the Hinduja Foundation.

Ashok Leyland is the flagship of the Hinduja Group and a leading manufacturer of commercial vehicles in India with 07-08 turnover of more than US $ 2 billion. With six manufacturing locations at Chennai, Hosur (three plants), Alwar and Bhandara, the Company has an annual production capacity of 84,000 vehicles with additional 100,000 vehicle capacity planned by 2010. The Company has associate companies in the Czech Republic and the UAE and joint ventures in Sri Lanka and Bangladesh, besides exports to over 20 countries worldwide.

Nissan Motor Company generated global net revenues of 10.824 trillion yen in 2007. Nissan is present in all major auto markets worldwide selling a comprehensive range of cars, pickup trucks, SUVs and light commercial vehicles under the Nissan and Infiniti brands. Nissan employs over 224,000 people worldwide.

The Nissan GT 2012 five-year business plan is focused on the company�s long-term performance combined with its responsibilities to stakeholders as a significant global business. The three commitments are:

� Quality leadership

� Zero-emission vehicle leadership

� Five percent revenue growth on average over five years (FY2008 to FY2012)

For more information on Nissan LCV: www.nissanlcv.com

CONTACTS

Nissan Motor Co., Ltd.
Communications CSR Department
Global Communications CSR and IR Division
Tel:+81-(0)3-5565-2141
http://press.nissan-global.com/EN

Ashok Leyland
Thomas T. Abraham
Tel: +91 � 98412 91292
www.ashokleyland.com

Nissan announces plan for LCV leadership

TOKYO (May 22, 2008) � The light commercial vehicle (LCV) business will continue to be a breakthrough driver of growth during the Nissan GT 2012 mid term business plan, announced on May 13 by Nissan president and CEO Carlos Ghosn.

The company set bold commitments for the LCV business during the five years of Nissan GT 2012:

� Doubling the revenue generated by LCV sales in fiscal year 2012 compared to fiscal year 2007
� Achieving top level customer satisfaction performance in the global LCV market by 2012

At the heart of the business plan is a substantial investment in new products. Nissan will launch 13 all new light commercial vehicles by the end of 2012. As previously announced, Nissan will start LCV sales in Russia in September 2008, and in India and the U.S. during 2010.

�Nissan has grown LCV sales to unprecedented records for the brand, and we aim to become a leading player in the global LCV market by 2012,� said Andy Palmer, Corporate Vice President, Nissan Motor Co., Ltd, LCV Business Unit. �To grow our business further we will continue focusing on the unmet needs of the LCV customers around the world, offering them products that are smart and reliable partners for their daily professional endeavours,� said Palmer.

LCV results in fiscal year 2007 and Value-Up period
In fiscal year 2007 the LCV BU sold 519,703 units globally with a consolidated operating profit (COP) exceeding 8%. The NP300 pickup truck (also sold as the Frontier in selected markets) was the best-selling individual Nissan LCV with 71,678 units. China was the market with the largest portion of LCV sales (151,088 units) followed by Japan (121,790 units).

During the Nissan Value Up mid term business plan period (FY2005 - FY2007), the LCV business had been identified for the first time as one of four business breakthroughs. Commitments included growing sales volumes by 40% to 434,000 units and doubling the COP to 8% by the end of fiscal year 2007. Both commitments were exceeded one year early.

For more information on Nissan LCV, please visit www.nissanlcv.com.

For more information, contact:
Nissan Motor Co., Ltd. (Japan)
Communications CSR Department
Global Communications CSR and IR Division
Tel:+81-(0)3-5565-2141
http://press.nissan-global.com/EN