NAME PRINCIPAL ACTIVITIES
COUNTRY OF INCORPORATION
GROUP'S EFFECTIVE INTEREST
       
2004
2003
  Advanced Engine Research Engine Sdn. Bhd.
 Engine research and development of fuels, lubricant and advanced engine materials
Malaysia
50%
50%
           
  Jointly controlled entity of Group Lotus plc      
  Lotus Finance Ltd. Joint venture company for financing vehicle purchases England
49.9%
49.9%
           
  Jointly controlled entity of Proton Edar Sdn. Bhd.        
  Proton Commerce Sdn. Bhd.# Motor vehicles finances Malaysia
50%
0%
           
  #Acquired during the financial year.
 
           
 
Disclaimer Lotus Group Proton Worldwide T-Bikes Proton Edar Malaysia