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Sales volumes - January 2005

Jan 2005 Jan 2004 Change %
MOTORCYCLES 132,028 84,500 56.3
TOTAL 2 WHEELERS 142,294 106,872 33.1
3 WHEELERS 16,415 20,150 -18.5
TOTAL 2 & 3 WHEELERS 158,709 127,022 24.9

Bajaj Motorcycle sales at 132,028 units in January 2005 v/s 84,500 units in January 2004 represented a 56.3% growth, far ahead of the estimated industry growth of 24%, thus increasing market share to 29% from 23%

Furthermore, this is the 4th consecutive month that Bajaj's motorcycle volume increase has been the highest in the industry.

This robust performance owes itself to Bajaj's simultaneous success across its brand new product portfolio including the Bajaj CT100, the Bajaj Discover DTS-i and the Bajaj Pulsar DTS-i.

YTD Sales volumes April~December 2004

April2004~Jan 2005 April2003~Jan 2004 Change %
MOTORCYCLES 1,185,594 845,158 40.3
TOTAL 2 WHEELERS 1,320,311 1,063,039 24.2
3 WHEELERS 184,675 188,895 -2.2
TOTAL 2 & 3 WHEELERS 1,504,986 1,251,934 20.2

To further enhance this rapid motorcycle market share growth Bajaj plans to introduce two new bikes in April-June 2005, one each in the entry and premium segments.

It is raising capacity to 200,000 motorcycles a month by July 2005 in anticipation of their success.

Bajaj hopes to end FY 2005 with a sale of close to 1.5 million motorcycles, a growth of almost 50% in an industry that is growing at about 20%


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