Statement by Hiroyuki Yoshino President & CEO, Honda Motor Co., Ltd. Honda Fit has won the RJC's Car of the Year 2002

November 20, 2001, Japan

Corporate

"We are very honored that the Honda Fit has earned the prestigious 2002 RJC 'Car of the Year' award organized by Automotive Researchers' and Journalists' Conference of Japan.

Based on Honda's newly developed global small car platform and powertrain, the Fit was designed to set a new global benchmark for small cars - offering cleaner, environmentally friendly performance, together with advanced safety, distinctive styling, a spacious interior and driving pleasure. Most importantly, it has been highly appreciated and well received by our customers since being introduced to the market.

We accept this award both as recognition of our development concepts and new technologies, and as appreciation for the great efforts of Honda suppliers and business affiliates who support our efforts.

We are determined to continue our commitment to introduce vehicles with cutting edge technologies to meet the expectations of our customers and society."