DGAP-PVR: VOLKSWAGEN AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

VOLKSWAGEN AG  / Release of an announcement according to Article 27a Section 1 of the WpHG

29.10.2010 13:31 

Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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VOLKSWAGEN AKTIENGESELLSCHAFT


Publication pursuant to § 27a, section 2 Wertpapierhandelsgesetz 
(Securities Trading Law)


On 27th October 2010, Porsche Wolfgang 1. Beteiligungs GmbH & 
Co. KG, Stuttgart, Germany,(the 'Notifying Party') informed 
Volkswagen Aktiengesellschaft, Wolfsburg, Germany, pursuant to  
§ 27a section 1, sentence 1 Wertpapierhandelsgesetz (Securities 
Trading Law), thereby making reference to their voting rights 
notification pursuant to § 21 section 1 Wertpapierhandelsgesetz 
(Securities Trading Law) as of 5th October 2010, as follows 
(translated by Volkswagen Aktiengesellschaft):

'On 29th September 2010 the participations held by Dr. Wolfgang 
Porsche in Wolfgang Porsche GmbH where contributed into the Notifying
Party, to which voting rights of Volkswagen
Aktiengesellschaft (the 'Issuer') within the meaning of § 22 
Wertpapierhandelsgesetz (Securities Trading Law) were thereby 
attributed for the first time. The acquisition of the 
voting rights in the Issuer occurred exclusively as a 
consequence of the contribution and by way of attribution of 
voting rights from shares held by a subsidiary of the Notifying 
Party (§ 22 section 1, sentence 1 no. 1 Wertpapierhandelsgesetz 
(Securities Trading Law)).

1. The aims underlying the purchase of the voting rights 
     (§ 27a section 1, sentence 3 Wertpapierhandelsgesetz 
     (Securities Trading Law))

a) The contribution and the resulting attribution of voting 
     rights is neither aimed at implementing strategic 
     objectives nor at generating trading profits for the 
     Notifying Party.

b) The Notifying Party does not plan to acquire further 
     voting rights within the next twelve months by means of a 
     purchase or by any other means.

c) The Notifying Party does not intend to exert an influence 
     on the appointment or removal of members of the Issuer's 
     administrative, managing or supervisory bodies.

d) The Notifying Party does not intend to achieve a material
     change in the Issuer's capital structure, in particular as 
     regards the ratio between own funds and external funds and 
     the dividend policy.

2. Origin of the funds used (§ 27a, section 1, sentence 4 
     Wertpapierhandelsgesetz (Securities Trading Law))

The acquisition of the voting rights occurred merely as a 
consequence of the above contribution of a participation by way 
of attribution of voting rights. The Notifying Party did not 
raise own funds or external funds in order to finance the 
purchase of the voting rights.'


Wolfsburg, October 29, 2010

Volkswagen Aktiengesellschaft



29.10.2010 13:31 DGAP's Distribution Services include Regulatory Announcements, 
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Language:     English
Company:      VOLKSWAGEN AG
              Brieffach 1849
              38436 Wolfsburg
              Deutschland
Internet:     www.volkswagenag.com/ir
 
End of Announcement                             DGAP News-Service
 
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