Akademik

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   BMW Group
   BMW US Capital Corp.
   Wilmington, Delaware, United States of America
   USD 250,000,000 7.375% Notes due 2003 Issue price: 101.177%
   USD 400,000,000
   Floating Rate Notes due 2003 Issue price: 100.010%
   unconditionally and irrevocably guaranteed by
   Bayerische Motoren Werke Aktiengesellschaft
   Munich, Federal Republic of Germany
   ABN AMRO
   Bank of America International Limited
   Bayerishe Landesbank Girozentrale
   HypoVereinsbank BNP Paribas Group
   Credit Suisse First Boston
   DG BANK Dresdner Kleinwort Benson
   Deutsche Genossenschaftsbank AG
   Merrill Lynch International Nomura International
   Warburg Dillon Read

Financial and business terms. 2012.