Originally Posted by ///Balmoral
Its the Rod Bearing recall that was done on the E46 M3s. If i'm not mistaken, the only cars affected by it were from 2001-2002 (Specific months, too), so I wouldn't worry about it at all since you have a 2003. I don't know where you got the June 2003 date from.
In North America, the recall affects all 2001-2002-2003 vehicle equipped with the S54 engine (your M3 included).
You even get an extended warranty of 6 years/160,000 kms (100,000miles)on all the internal engine parts (parts lubricated by engine oil).
No info on the policies in Europe or the Middle East though....