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JAGUAR LAND ROVER AND CAPITAL FINANCE ANNOUNCE NEW PARTNERSHIP

WED 21 JULY 2010

Jaguar Land Rover Australia and Capital Finance Australia today announced a new partnership that will provide branded financial products to customers purchasing new and approved pre-owned Jaguars, Range Rovers and Land Rovers from Authorised Jaguar and Land Rover dealers in Australia. The products will be marketed as Jaguar Financial Services and Land Rover Financial Services.

Speaking at the dealer launch last week Jaguar Land Rover Managing Director David Blackhall said that the partnership with Capital Finance was a critical step in allowing Jaguar and Land Rover dealers to offer competitively priced and packaged finance, lease and other innovative funding solutions to clients. "With the sale of the company by Ford our financial relationships had to be redrawn. Capital Finance already had some of our important dealers as clients so we were able to gain key insights into the company and its operating approach. The fit was very strong for us and the creation of Jaguar Financial Services and Land Rover Financial Services is the result - and something we are absolutely delighted with".

Simon Abbott, Senior Manager, Dealer Finance Operations at Capital Finance said that the company was excited about its association with the iconic Jaguar, Range Rover and Land Rover brands. "We look forward to expanding our relationships with Jaguar and Land Rover dealers and with the company itself. We believe that as a key player in automotive finance in Australia backed by the London based Lloyds Banking Group, we will be able to offer Jaguar Financial and Land Rover Financial products that are perfectly tailored to the needs of the brands' customers. We regard this partnership as an important step in the on-going growth of our business in the luxury automotive segments."

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