Northville Township, Mich., May 10, 2002 — – Mitsubishi Electric today announced it has been named as a General Motors Supplier of the Year for 2001. The award was given during ceremonies April 27, 2002, in Toronto.

Mitsubishi Electric supplies ignition coil modules from its Maysville, Ky., plant for engines used in General Motors cars and trucks worldwide. It is one of only 91 suppliers to have received the award. Winners must meet the highest standards for quality, service, technology and price.

“We appreciate this recognition from General Motors in 1999, 2000 and now, again in 2001,” says Minoru “Mickey” Kurisaki, executive vice president of Mitsubishi Electric. “We continue our commitment to provide our clients with exceptionally high levels of service in all areas.”

“Mitsubishi Electric is an industry role model that, through performance, has set an example during the past year for other companies to follow,” said Bo Anderson, vice president GM Worldwide Purchasing, Production Control & Logistics. “It is a pleasure to work with a company that excels at meeting our priorities for quality, service, technology and competitive pricing.”

The GM Supplier of the Year award began as a global program in 1992. Award winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics

Mitsubishi Electric Automotive America (MEAA), a U.S. subsidiary of Mitsubishi Electric Corporation, was established in 1979 in response to the continued growth of the North American automotive business, particularly for electronics. MEAA offers all aspects of engineering, manufacturing, sales and marketing, distribution and service of electrical and electronic systems and components for automobile manufacturers and industrial engine manufacturers. MEAA has close to $700 million in annual sales and 800 employees in North America. For more information about Mitsubishi Electric Automotive America, visit www.meaa-mea.com.

With more than 80 years of experience in providing reliable, high-quality products to OEMs and consumers worldwide, Mitsubishi Electric Corporation is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development, satellite communications, consumer electronics, industrial technology, energy, transportation and construction. The company has operations in 34 countries with over 116,000 employees and recorded consolidated group sales of over $27.4 billion in the year ending March 31, 2002. Additional information on Mitsubishi Electric is available at www.mitsubishielectric.com.