
                                 KYMCO 
                                  USA Announces Agreement with Progressive Insurance
                                  ATV & UTV Insurance Available 
                                  with Purchase
                                 Spartanburg, SC (6/12/2009) - 
                                  KYMCO USA, a longtime leader in quality, fuel-efficient 
                                  scooters, motorcycles and ATVs, has announced 
                                  an agreement with Progressive, the #1 name in 
                                  motorcycle and scooter insurance. With Progressive 
                                  on board, KYMCO dealers will now be able to 
                                  get insurance for new customers with a phone 
                                  call or at the web site www.progressive.com/KYMCO. 
                                
                                 "This partnership with Progressive is 
                                  a win-win for both dealers and people purchasing 
                                  our products," said Steve Lazoff, Director 
                                  of Sales, KYMCO USA. "We're going to make 
                                  getting insurance quicker and easier, especially 
                                  for buyers who come in on evenings or weekends."
                                "As the largest seller of motorcycle and 
                                  scooter insurance in the country, it makes sense 
                                  for us to partner with a fast-growing company 
                                  like KYMCO," said Marcy Gray, Motorcycle 
                                  Product Manager for Progressive. "We want 
                                  to make it easy for riders to buy affordable 
                                  insurance on all KYMCO models, and to really 
                                  understand what they're buying. Progressive 
                                  representatives are available 24/7 to answer 
                                  any questions dealers and customers have about 
                                  scooter, ATV or motorcycle insurance."
                                Low rates, specialized coverages, and around-the-clock 
                                  service are just some of the benefits that customers 
                                  will receive. Progressive will offer insurance 
                                  coverage for the entire KYMCO product line, 
                                  from the People S50 scooter to the UXV500 side-by-side 
                                  UTV to the Quannon 150 and Venox 250 motorcycles.
                                To support their efforts, KYMCO dealers are 
                                  receiving a welcome packet from Progressive, 
                                  including vehicle and insurance FAQs, and a 
                                  sample annual premium for KYMCO models.
                                About Progressive
                                  Progressive, founded in 1937, is a leading 
                                  insurer of cars, motorcycles, recreation vehicles, 
                                  boats, personal watercraft and commercial vehicles. 
                                  The company offers competitive rates and products 
                                  that meet drivers' needs throughout their lifetimes 
                                  as well as 24/7 online and in-person customer 
                                  and claims service. Progressive's products and 
                                  services are available locally through more 
                                  than 30,000 independent insurance agencies in 
                                  the U.S., online at progressive.com and by phone 
                                  at 1-800-PROGRESSIVE (1-800-776-4737). 
                                  
                                About KYMCO USA:
                                  KYMCO's roots in the motorsports 
                                  industry go back to its founding in 1963, as 
                                  the Kwang Yang Motor Company, Ltd., with headquarters 
                                  in Taiwan. Long a leader in quality, fuel economy, 
                                  and versatility, today KYMCO manufactures motor 
                                  scooters, motorcycles, and ATVs at five plants 
                                  in Asia, including the main facility in the 
                                  city of Kaohsiung.