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27th January 2005

New Managing Director for Lotus Cars

The Board of Directors of Lotus Cars Ltd is pleased to announce the appointment of Clive Dopson as Managing Director of its sports car division.

Clive has held the position of Manufacturing Director since 2000 and will take on the new role of Managing Director overseeing both the manufacturing and the commercial sides of the business. The appointment is effective immediately and is part of a restructuring process at Lotus.

Kim Ogaard-Nielsen, Chief Executive Officer for Group Lotus explains the appointment: "Clive has done a superb job as Manufacturing Director since 2000, both increasing the production volumes to the current record levels and ensuring that the finished cars are built to the highest quality ever to come out of Hethel. Clive, in his new role of Managing Director, is the right person to lead the business forward."

Clive Dopson is looking forward to the additional responsibility:
"We are currently building nearly 5000 cars a year but in the next few years we will be increasing this figure with the addition of a new range of vehicles including a new mid-engine supercar. I am proud of what we have achieved so far but we have much more work to do to prepare the market for the next generation of Lotus cars."


About Group Lotus plc:
The main operating subsidiary of Group Lotus plc is Lotus Cars Ltd which has two operating divisions - Lotus Cars and Lotus Engineering:
Lotus Cars builds and commercialises Lotus sports cars, Elise and Exige; builds sportscars for General Motors and manufactures the advanced composite front and rear crash structures for Aston Martin V12 Vanquish.
Lotus Engineering provides comprehensive and versatile consultancy services to many of the world's OEMs and Tier 1 suppliers, offering a full engineering service from initial concept and project design through development to full production prototype build.