NEW YORK, July 20 /PRNewswire/ -- Consorcio G Grupo Dina, S.A. de C.V.
announced that it will accept for tender and consummate by July 21, 2005 or as
soon thereafter as practicable its exchange offer for all of its outstanding
8% Convertible Subordinated Debentures Due August 8, 2004 (CUSIP No. 210306 AB
2) validly tendered as of the close of business on July 19, 2005,
approximately $6.9 million.  Grupo Dina further announced that it will extend
the Exchange Offer and related waiver solicitation which will now expire at
5:00 p.m., New York City time, on Tuesday, August 16, 2005.  Although Grupo
Dina reserves the right to further extend the Exchange Offer and related
waiver solicitation beyond August 16, 2005, it does not currently expect to do
so.
    The Exchange Offer is being made solely pursuant to the Offer to Exchange
and Related Waiver Solicitation Statement dated June 7, 2005 and the related
Letter of Transmittal and Waiver.  Dina is offering holders of Debentures one
Contingent Value Right for each $1,000 aggregate principal amount of
Debentures tendered and is also offering holders a waiver payment of $50 for
each $1,000 aggregate principal amount of Debentures as to which a waiver is
delivered.  Debentures holders may not tender Debentures without also granting
the waiver and may not grant the waiver without also tendering their
Debentures.  The Contingent Value Rights entitle holders to certain net cash
proceeds received upon the occurrence of certain events as described in the
Statement.  The Waiver being sought relates to payment defaults and legal
claims in respect of the Debentures as described in the Statement.
    This announcement is neither an offer to purchase Debentures nor a
solicitation of an offer to sell CVRs.  The Exchange Offer and waiver
solicitation is not being made to, nor will tenders be accepted from, or on
behalf of, holders of existing Debentures in any jurisdiction in which the
making of the Exchange Offer and waiver solicitation or the acceptance thereof
would not be in compliance with the laws of such jurisdiction.

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