Daewoo has appointed J.Y. Park as the new managing director of its Australian
operation.

Park, 50, is a long serving employee of the company, having joined the group
in 1977 after graduating in economics at the University of Korea. He has worked
for Daewoo in Saudi Arabia, India, Turkey and as plant and purchasing manager
in Poland.

The new appointment results from a decision to re-inject vital management skills
from Seoul into the Australian operation, seen as a highly strategic subsidiary
of Daewoo Motor.