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<center>Subaru of America Reports July 2011 Sales</center>

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Brand Shows 2.5% Year-to-Date Increase

CHERRY HILL, NJ - August 2, 2011: Subaru of America, Inc. today announced July 2011 sales of 21,730 and 153,779 year-to-date.

"Consumer demand for our products remains at a high level and we look forward to increasing our inventory levels in the coming months to match this high demand," said Thomas J. Doll, executive vice president and chief operating officer, Subaru of America, Inc.

<table style="border-collapse:collapse;border:none;" cellpadding="1" cellspacing="0"> <colgroup><col style="padding: 0pt 5.4pt 2pt 5.4pt;"> <col style="padding: 0pt 5.4pt 2pt 5.4pt;"> <col style="padding: 0pt 5.4pt 2pt 5.4pt;"> <col style="padding: 0pt 5.4pt 2pt 5.4pt;"> <col style="padding: 0pt 5.4pt 2pt 5.4pt;"> <col style="padding: 0pt 5.4pt 2pt 5.4pt;"> <col style="padding: 0pt 5.4pt 2pt 5.4pt;"> </colgroup><tbody><tr> <td colspan="7" valign="bottom">

</td> <td>

</td></tr> <tr> <td style="border-top:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> Carline

</td> <td style="border-top:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> Jul-11

</td> <td style="border-top:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> Jul-10

</td> <td style="border-top:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> % Chg

</td> <td style="border-top:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> Jul-11

</td> <td style="border-top:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> Jul-10

</td> <td style="border-top:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> % Chg

</td> <td>

</td></tr> <tr> <td style="border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; " valign="bottom">

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> MTD

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> MTD

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> MTD

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> YTD

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> YTD

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> YTD

</td> <td>

</td></tr> <tr> <td style="border-left:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> Forester

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 6218

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 7503

</td> <td style="border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> -17.13%

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 43360

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 50438

</td> <td style="border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> -14.03%

</td> <td>

</td></tr> <tr> <td style="border-left:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> Impreza

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 3260

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 4002

</td> <td style="border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> -18.54%

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 24370

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 25576

</td> <td style="border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> -4.72%

</td> <td>

</td></tr> <tr> <td style="border-left:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> Legacy

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 3644

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 3208

</td> <td style="border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> 13.59%

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 24928

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 22201

</td> <td style="border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> 12.28%

</td> <td>

</td></tr> <tr> <td style="border-left:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> Outback

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 8373

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 9030

</td> <td style="border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> -7.28%

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 59612

</td> <td style="border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 50177

</td> <td style="border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> 18.80%

</td> <td>

</td></tr> <tr> <td style="border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> Tribeca

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 235

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 240

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> -2.08%

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 1509

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 1551

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> -2.71%

</td> <td>

</td></tr> <tr> <td style="border-bottom:solid black 1pt; border-left:solid black 1pt; border-right:solid black 1pt; " valign="bottom"> TOTAL

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 21730

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 23983

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> -9.39%

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 153779

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 14pt; " valign="bottom"> 149943

</td> <td style="border-bottom:solid black 1pt; border-right:solid black 1pt; padding-right: 6pt; " valign="bottom"> 2.56%

</td> <td>

</td></tr> <tr> <td colspan="7" valign="bottom">

</td> <td>

</td></tr> <tr> <td>

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</td></tr> </tbody></table>

"Our dealers are working hard to maximize their stock and even though supply is light, consumers should still check availability at their dealership for the model of their choice," said Bill Cyphers, senior vice president, sales, Subaru of America, Inc.

SOURCE Subaru of America, Inc.

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