[faksta]

Press Release 21st January 2008

Progress to date

Arash Cars is now a brand owned by Arash Motor Company Ltd (Formerly known as Farboud Ltd). The brand and company have been emalgamated to form Arash Motor Company Ltd (AMC) in order to seperate the differences from any company Arash Farboud has been associated in the past.

Progress of the AF10 continues well with updated changes to bodywork and the final development stages of the prototype mule. A pre- production car is aimed for launch in quarter 4 of 2008. Orders are now being taken and distributor agreements are commencing for 2008. The manufacturing facilities in Cambridge are now being geared for production cars for the end of 2008 and the start of 2009. An estimated 25 cars per year of the AF-10 model are to be assembled at the Arash Motor Company headquarters in Sawston, Cambridge.

Attached images of advanced bodywork stages and chassis are included. The specification and the price remain unchanged including the V8 GM 7 litre power unit and Graziano Trasmissioni gearbox in manual format. Final weight remains unchanged.

A further supercharged engine version will follow 9 months after the launch of the production AF-10 using the LS9 GM V8 supercharged engine to be released in 12 months time to small manufacturers. A final price and model designation is to be finalised nearer launch, however the price is likely to be higher than the current £173,000 AF-10 price.

Arash AF-10 #1