Porsche Automobil Holding SE / Miscellaneous 05.01.2009 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Porsche's majority in Volkswagen will provide indirect control over Scania Holding in Volkswagen to be increased to over 50 per cent Stuttgart. On this Monday, Porsche Automobil Holding SE, Stuttgart, purchased further ordinary shares in Volkswagen AG, Wolfsburg, and will increase its holding to 50.76 per cent of all ordinary voting shares in Volkswagen. As a result of passing the threshold of 50 per cent Porsche will acquire indirect control over Scania AB, Södertälje, and is required by Swedish law to launch a mandatory offer for the truck manufacturer. The Stuttgart-domiciled company is not bound by pre-acquisition prices and is only obliged to offer the minimum price prescribed by law. The minimum price will be calculated on the basis of the volume weighted average stock exchange price of the Scania shares during the 20 trading days prior to publication of the acquisition of the majority in Volkswagen. Porsche points out that it has no strategic interest in Scania and is not interested in acquiring Scania shares. DGAP 05.01.2009 --------------------------------------------------------------------------- Language: English Issuer: Porsche Automobil Holding SE Porscheplatz 1 70435 Stuttgart Deutschland Phone: +49 (0)711 911-11000 Fax: +49 (0)711 911-26375 E-mail: info@porsche.de Internet: www.porsche-se.com ISIN: DE000PAH0038 WKN: PAH003 Listed: Regulierter Markt in Berlin, Frankfurt (General Standard), München, Stuttgart; Freiverkehr in Hannover, Hamburg, Düsseldorf; Terminbörse EUREX End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Porsche Automobil Holding SE: Holding in Volkswagen to be increased to over 50 per cent
| Source: EQS Group AG