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I don't think the E39s came in LeMans, I thought they were still Avus Blue.
The only e39 ///M that came in Avus Blue was in 2000 and then Le mans in '01, '02,& '03, but I could be wrong. I'm a 3-series nut, so i could be rusty on my info. As far as the one with the LM's, I don't know what year it is.
Wow...I really can't believe how much better those wheels make that car look. Are there any front shots of it? If they can fix the front of those cars like they fixed the back then wheels/suspension do far more then I could have ever predicted!