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Honda Announces a Full Model Change for the Accord and Accord Wagon

Honda Motor Co. Ltd. has issued the following press release:

October 10, 2002’Honda Motor Co., Ltd. has announced the release of a new Accord (Accord /

Accord Wagon), which will set a new benchmark for midsize automobiles in Japan. The American version is on-sale since 9, September while the European version goes on sale in 2003.

The new Accord is fitted with a high-performance DOHC i-VTEC engine and offers world top-level aerodynamic characteristics. Equipped with HiDS*1 (Honda Intelligent Driver Support System) for lane maintenance and vehicle distance/speed control on freeways, a Honda DVD navigation system with voice recognition, side curtain airbags, and more.

Accord goes on sale October 11th and Accord Wagon from November 28th at Honda Clio dealers throughout Japan. — Honda's display at the 40th Tokyo Motor Show.

The 7th-generation Accord (Accord / Accord Wagon) inherits the principle of ’harmony between people and society’ embodied in the first Accord, and is designed on the concept of a New Quality Tourer. The new Accord was developed to set a new benchmark in midsize sedans and wagons, providing luxurious interior detail, excellent safety and environmental performance, and providing long hours of stress-free driving with a sporty flair and yet an atmosphere of complete

safety and comfort.

-Styling: An exterior design that is both energetic and refined, aiming at the utmost in

automotive functionality.

– Driving performance: The DOHC i-VTEC engine delivers superb driving performance. — Nissan's 21st century supercar GT-R.

– Aerodynamic performance: Attains a world top-level aerodynamic performance. *5

– Living space: Packaging and utility with attention to detail that creates a relaxed, functional environment. All Accord wagons are equipped with the world’s first “gone-motion” rear seats that can be easily stowed away with one hand, and an auto-opening and closing, remote-control operated power tailgate as standard equipment.

– Equipment for advanced functionality: The next generation in advanced, highly functional equipment, uncluding HiDS (Honda Intelligent Driver Support System), which reduces the driver’s workload by helping keep the vehicle in its lane and controlling vehicle distance and speed during freeway driving, Honda DVD navigation system with voice recognition, and a wealth of other new features make driving more comfortable than ever before. — Toyota's sustainability concepts at Tokyo Show.

– Safety performance: A newly developed, rapid-deployment side curtain airbag with a large protection area, Honda’s original G-Control safety technology, and other safety featues ensure superb collision safety performance.

Projected monthly domestic sales: 5,000 units (Accord/Accord Wagon combined)