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07-12-2002, 08:59 AM
Lotus press release:
<ul><b>The Lord Lieutenant of Norfolk Presents the Trophy for the Queens Award forEnterprise 2002 - International Trade to Group Lotus PLC</b>

<b>Hethel, Norfolk.</b>
Today, Sir Timothy Colman KG, the Lord Lieutenant of Norfolk, on behalf of Her Majesty The Queen, presented the Queens Award for Enterprise 2002 to Tengku Tan Sri Dr. Mahaleel Tengku Ariff, Chairman of Lotus Group International Limited at a ceremony at the Group Lotus Headquarters at Hethel in Norfolk.

The announcement that Group Lotus PLC, the sportscar manufacturer and engineering consultancy, had been awarded the "The Queens Award for Enterprise: International Trade 2002" was made on the 21st April 2002.

Lotus Cars in recent years has sold its prestigious sports car models into over 30 countries around the world, with annual production figures in excess of 5000 cars. This has been possible through large investments in a state of the art Assembly line and improvement in quality processes.

Lotus Engineering the Consultancy Division of Group Lotus plc has also been investing heavily in powertrain and chassis research, making Lotus Engineering one of the worlds leading consultancy Groups. 10 % of all new cars sold in Europe have had the benefit of Lotus Engineering expertise.

Tengku Tan Sri Dr. Mahaleel, who received the trophy on behalf of the Group Lotus, explained the importance of such as award: "With the Queen's Award being the highest honour that can be bestowed upon a British company, it is fabulous that the efforts and the achievements of Group Lotus over the last few years have been recognised in this very special Queen's Golden Jubilee Year. This award is for our staff throughout the whole of the company, who have worked extremely hard over the last few years to maintain the Lotus name at the forefront of not only the British Automotive Industry, but the world's motor industry too."

Sir Timothy Colman KG, the Lord Lieutenant of Norfolk "One of the toughest challenges facing Britain is to remain competitive in world markets. Some factors are beyond our control, but at Group Lotus you have all demonstrated the energy, talent, and entrepreneurial spirit on which the wealth and employment of our country depends. We are proud to have you in Norfolk, and I warmly congratulate every member of the Company."

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