EUROPESTAR

Proton Debuts in China with EUROPESTAR RCR

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BEIJING, CHINA, 9 January 2008 – The Proton GEN.2, rebadged as EUROPESTAR RCR for the China market, was officially launched today in Beijing. Launched by the Chairman of Youngman Automobile Sales Co. Ltd., Mr. Pang Qingnian and witnessed by the Chairman of PROTON Holdings Berhad, Dato' Mohd Azlan Hashim and the Malaysian Ambassador to China, His Excellency Dato' Norulzaman Syed Kamarulzaman. This launch paves the way for Proton cars to enter China, the world's fastest-growing car market.

Under its plans for the EUROPESTAR brand, Youngman is confident of selling the 30,000 completely built-up (CBU) units of GEN.2 it has ordered from PROTON within the 20 month delivery period.

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