Continental AG — Interim / Quarterly Report 2007

May 2, 2007

Interim Report as of March 31, 2007

Consolidated Income Statements

in € millions	January 1 to March 31
	2007	2006
Sales	3,964.8	3,611.6
Cost of sales	-2,964.1	-2,772.5
Gross margin on sales	1,000.7	839.1
Research and development expenses	-185.2	-156.1
Selling and logistics expenses	-217.5	-210.3
Administrative expenses	-109.0	-110.8
Other income and expenses	-62.5	-20.3
At-equity share in earnings of associates	5.0	5.0
Other income from investments	5.3	5.8
Earnings before interest and taxes	436.8	352.4
Interest income	9.6	7.1
Interest expense	-26.2	-23.1
Net interest expense	-16.6	-16.0
Earnings before taxes	420.2	336.4
Income tax expense	-142.9	-108.0
Net income	277.3	228.4
Minority interests	-6.8	-6.5
Net income attributable to the shareholders of the parent	270.5	221.9
Earnings per share in €	1.85	1.52
Diluted earnings per share in €	1.77	1.45

Sales/EBIT

in € millions		January 1 to March 31
	2007	2006
Automotive Systems
Sales	1,725.9	1,435.0
EBIT	173.6	151.4
in % of sales	10.1	10.6
Passenger and Light Truck Tires
Sales	1,147.8	1,089.1
EBIT	157.1	108.0
in % of sales	13.7	9.9
Commercial Vehicle Tires
Sales	344.5	346.2
EBIT	28.1	19.7
in % of sales	8.2	5.7
ContiTech
Sales	780.9	770.1
EBIT	92.0	82.9
in % of sales	11.8	10.8
Other/consolidation
Sales	-34.3	-28.8
EBIT	-14.0	-9.6
Corporation
Sales	3,964.8	3,611.6
EBIT	436.8	352.4
in % of sales	11.0	9.8

Interim Report as of March 31, 2007

Change in the Executive Board

The Supervisory Board of Continental AG has granted the request of Thomas Sattelberger, Human Resources Director and Director of Labor Relations, for premature termination of his appointment to the Executive Board as of May 2, 2007. Heinz-Gerhard Wente, member of the Executive Board of ContiTech AG, has been appointed to the Executive Board of Continental AG as his successor with effect from May 3, 2007. He will assume responsibility for Human Resources in addition to his current function at ContiTech AG. The Supervisory and Executive Boards thank Thomas Sattelberger for all the work he has done, and in particular for his achievements in establishing a future-oriented focus in Continental's human resources activities.

Acquisition of Thermopol

On February 1, 2007, ContiTech AG acquired 100% of the shares of the hose manufacturer Thermopol International Ltd., London, and its subsidiaries for a preliminary price of €27.2 million. Thermopol develops and produces high-performance silicone hoses for cars and commercial vehicles. A workforce of about 600 in the UK, U.S.A., Romania and Korea achieved sales of around €45 million in 2006.

Acquisition of 51% of Matador Rubber Group

On April 11, 2007, Continental AG agreed with the Matador Group, Puchov, Slovakia, to acquire a 51% stake in the group's tire and conveyor belt business. Continental has the option to successively purchase a further 49% of the shares, whereas Matador has the option to sell its remaining shares to Continental at any time. The acquisition is still subject to approval by antitrust authorities. In 2006, a workforce of about 3,700 in Matador's tire and conveyor belt business achieved sales of approximately €370 million.

This alliance with Matador strengthens our market position in Central and Eastern Europe while opening up additional sales opportunities in Russia, Ukraine and the Stan states. Above all, our position in Russia will be expanded, as we not only have better access to the market but also to a production facility in Omsk. Plans are to integrate Matador into the Continental brand portfolio. In addition, annual production capacity is to be expanded from 5.5 million passenger and light truck tires to more than 7 million units. Continental (76%) and Matador (24%) have already been aligned in a joint venture for the production of truck tires since 1998.

Production Facility Closed in Mayfield

As part of our restructuring program in North America, on February 1, 2007, we closed our Mayfield, Kentucky, plant, which had manufactured semi-finished parts for tire production.

Closure of Plant in Haldensleben

On April 19, 2007, it was announced that our plant in Haldensleben, Germany, will be closed by December 31, 2007. The production of electric motors as well as radiator fan modules of the Automotive Systems division will be concentrated at the Berlin plant. The required restructuring expenses will be determined and reported in the second quarter.

Continental's Share Price Performance

Share performance continued to be positive during the first quarter. It benefited from the bullish atmosphere on the stock markets early in the year, passing the 100 euro mark for the first time and closing at a new temporary all-time high of €101.34 on February 20. The publication of our results for 2006 on February 22 was received very well by market participants. However, this could not prevent the share from suffering from the general market correction following the dampening in the overall economic indicators in the U.S.A (weak order-backlog in the U.S. in conjunction with comments made by the former Federal Reserve Bank head A. Greenspan regarding the risk of inflation) and the discussion that followed about a possible crisis in the sub-prime segment. Following this brief correction, the share price rose again considerably, closing off the first quarter at €96.80, representing an increase of 9.1%. The share thus outperformed the DAX by 5.6 percentage points, but fell 9.1 percentage points short of the development of the European sector index, which was boosted by continuing rumors of consolidation.

Share Price Performance

Workforce Increases

At the end of the first quarter of 2007, Continental's employees numbered 87,284, an increase of 2,060 compared with the end of 2006, due on the one hand to the first-time consolidation of Thermopol and, on the other hand, increases in the Automotive Systems and Commercial Vehicle Tires divisions. The Passenger and Light Truck Tires division reduced its workforce primarily due to the restructuring measures at its U.S. plants in Charlotte, North Carolina, and Mayfield, Kentucky.

Accounting Principles

This Interim Report, as presented, has been prepared in accordance with International Financial Reporting Standards (IFRS). These accounting principles and basis of valuation are disclosed in detail in the Annual Report 2006. As opposed to the annual financial statements, however, no interim adjustments are made to certain accrued fixed cost items, mainly fixed costs capitalized for finished goods and work-in-progress inventories and provisions for accrued vacation of hourly and salaried employees.

Impact on Interim Reports

Although certain elements of the Corporation's business are seasonal, the overall comparability of the interim consolidated financial statements is not compromised. All significant effects in the current period are shown in the financial summaries or in the accompanying explanations. There have been no other major changes in estimates or contingencies between the Annual Report 2006 and comparative interim periods that have led to material adjustments in the current interim period.

Latin America Reassigned within the Business Units of the Tire Divisions

Retroactively as of January 1, 2007, the responsibility in the Passenger and Light Truck Tires and Commercial Tires divisions for Latin America was reassigned from Europe to NAFTA. In this connection, the respective organizational units were renamed from NAFTA to The Americas.

Continental Corporation Sales Up 9.8%; Adjusted Sales Growth of 6.5%; Earnings Improve 24.0%; Adjusted EBIT Up 24.0%

Consolidated sales for the first quarter of 2007 rose by 9.8% compared with the same period of the previous year to €3,964.8 million (previous year: €3,611.6 million). Motorola's automotive electronics business contributed €284.6 million to sales. Before changes in the scope of consolidation and exchange rate effects, consolidated sales were up 6.5 %.

In the first quarter, raw material prices remained stable at a high level compared to the previous year.

EBIT rose by 24.0% to €436.8 million (previous year: €352.4 million), and the return on sales to 11.0% (previous year: 9.8%). Motorola's automotive electronics business contributed €6.0 million to EBIT. Before changes in the scope of consolidation and special effects, EBIT rose by €83.6 million or 24.0% to €431.9 million (previous year: €348.3 million). The adjusted return on sales amounts to 11.8% (previous year: 9.9%).

Special Effects in the First Quarter 2007

The ongoing integration of the automotive electronics business of Motorola led to expenses of €7.7 million in the first quarter, including the expenses from the finalization of the effects bargaining for the plant shut-down in Angers, France. In addition, the ContiTech division incurred restructuring expenses of €1.6 million, primarily for Roulunds, Denmark.

The impact from special effects totaled €9.3 million for the Corporation.

Special Effects in the First Quarter 2006

The restructuring in Charlotte, North Carolina, U.S.A., led to expenses of €0.9 million in the first quarter of 2006. In the ContiTech division, there were various minor special effects totaling €3.0 million which impacted earnings.

The impact from special effects in the first quarter of 2006 totaled €3.9 million for the Corporation.

At negative €16.6 million, net interest expense changed by negative €0.6 million in the first three months of 2007 compared with the previous year (negative €16.0 million). Foreign exchange effects had a positive impact in both years.

The net income attributable to the shareholders of the parent increased 21.9% to €270.5 million (previous year: €221.9 million), with earnings per share higher at €1.85 (previous year: €1.52).

For the first three months of 2007, the free cash flow, at negative €119.8 million, improved compared with 2006 (negative €230.2 million), due primarily to the higher EBIT as well as lower capital expenditure on property, plant, equipment, and software.

At €1,322.3 million, net indebtedness was €141.3 million higher than at year-end 2006 and €652.2 million higher than at March 31, 2006, which was mainly incurred through the financing of the acquisition of the automotive electronics business of Motorola and the contributions to the Contractual Trust Arrangement (CTA) of €630.0 million.

The gearing ratio rose to 26.6% compared with the same period of 2006 (16.7%).

Compared with March 31, 2006, research and development expense was up 18.6% to €185.2 million (previous year: €156.1 million), representing 4.7% of sales (previous year: 4.3%).

In the first three months of 2007, €160.1 million (previous year: €200.1 million) was invested in property, plant, equipment and software, corresponding to a capital expenditure ratio of 4.0% (previous year: 5.5%). The capital expenditure ratio for the previous year was affected by the investments in the new tire plant in Camaçari, Brazil. Automotive Systems invested mainly in new technologies for electronic brake and safety systems, as well in as expanding manufacturing capacity at its lowcost locations. The Tire divisions continued to expand production capacity at their low-cost locations in the Czech Republic, Mexico, Malaysia and Slovakia. In addition, investment was made in a new compounding line at the U.S. plant in Mount Vernon, Illinois. ContiTech increased production capacities in Romania, Hungary and Greece, and invested in rationalization measures in Germany.

Automotive Systems Sales Up 20.3%; Adjusted Sales Growth of 3.1%; EBIT Improves 14.7%; Adjusted EBIT Up 10.7%

Sales by the Automotive Systems division increased in the first quarter of 2007 to €1,725.9 million, up 20.3% compared with the same period of 2006 (€1,435.0 million). Motorola's automotive electronics business contributed €284.6 million to sales. Before changes in the scope of consolidation and exchange rate effects, sales increased by 3.1%.

Sales volumes for electronic brake systems rose significantly, while those for hydraulic brake systems remained at the previous year's level.

Automotive Systems increased its EBIT by 14.7% to €173.6 million (previous year: €151.4 million). The return on sales fell to 10.1% (previous year: 10.6%). Motorola's automotive electronics business contributed €6.0 million to EBIT. Before changes in the scope of consolidation and special effects, EBIT rose by €16.2 million or 10.7% to €167.6 million (previous year: €151.4 million). The adjusted return on sales amounts to 11.6% (previous year: 10.6%).

The ongoing integration of the automotive electronics business of Motorola led to expenses of €7.7 million in the first quarter, including the expenses from the finalization of the effects bargaining for the plant shut-down in Angers, France.

Passenger and Light Truck Tires Sales Up 5.4%; Adjusted Sales Growth of 7.7%; Earnings Improve 45.5%; Adjusted EBIT Up 44.4%

The Passenger and Light Truck Tires division increased sales in the first quarter of 2007 compared with the same period of 2006 by 5.4% to €1,147.8 million (previous year: €1,089.1 million). Before changes in the scope of consolidation and exchange rate effects, sales rose by 7.7%.

Volumes increased in the replacement sales units for Europe and The Americas. EBIT improved substantially in both regions. Sales volumes in the original equipment sector worldwide fell just short of the figure for 2006.

The Passenger and Light Truck Tires division reported a 45.5% increase in EBIT to €157.1 million (previous year: €108.0 million). The return on sales rose to 13.7% (previous year: 9.9%). Before changes in the scope of consolidation and special effects from 2006, EBIT rose by €48.3 million or 44.4% to €157.2 million (previous year: €108.9 million). The adjusted return on sales amounts to 13.7% (previous year: 10.0%).

The restructuring in Charlotte, North Carolina, U.S.A., led to expenses of €0.9 million in the first quarter of 2006.

Commercial Vehicle Tires Sales Down 0.5%; Adjusted Sales Growth of 13.8%; Earnings Improve 42.6%; Adjusted EBIT Up 95.2%

The Commercial Vehicle Tires division recorded a decrease in sales in the first three months of 2007 to €344.5 million, down 0.5% compared with the same period in 2006 (€346.2 million). Before changes in the scope of consolidation and exchange rate effects, sales increased by 13.8%.

European sales rose significantly in the replacement and original equipment sectors. We were unable to achieve the previous year's level in The Americas business unit.

The Commercial Vehicle Tires division increased its EBIT to €28.1 million, up 42.6% (previous year: €19.7 million). The return on sales rose to 8.2% (previous year: 5.7%). Before changes in the scope of consolidation, EBIT rose by €13.8 million or 95.2% to €28.3 million (previous year: €14.5 million). The adjusted return on sales amounts to 8.2% (previous year: 4.6%).

ContiTech

Sales Up 1.4%; Adjusted Sales Growth of 9.1%; EBIT Improves 11.0%; Adjusted EBIT Up 11.7%

Sales by the ContiTech division increased in the first quarter of 2007 to €780.9 million, up 1.4% compared with the same period of 2006 (€770.1 million). Before changes in the scope of consolidation and exchange rate effects, sales increased by 9.1%.

Nearly all business units recorded increases in sales compared to the previous year, with the non-automotive OE sectors in particular experiencing very strong growth.

ContiTech raised EBIT by 11.0% to €92.0 million (previous year: €82.9 million). The return on sales increased to 11.8% (previous year: 10.8%). Before changes in the scope of consolidation and special effects, EBIT rose by €9.7 million or 11.7% to €92.8 million (previous year: €83.1 million). The adjusted return on sales amounts to 12.2% (previous year: 11.9%).

In the first quarter of 2007, the ContiTech division incurred restructuring expenses of €1.6 million, primarily for Roulunds, Denmark.

In the same period of 2006, there were various minor special effects totaling €3.0 million which impacted earnings.

Outlook

We continue to expect an increase in consolidated sales for 2007 on the whole, with all divisions contributing to the increase.

Our expectations for EBIT also remain unchanged at an improvement over the previous year.

For the full year, we anticipate raw material prices to stabilize at a high level.

Consolidated Balance Sheets

Assets in € millions	March 31, 2007	Dec. 31, 2006	March 31, 2006
Goodwill	1,724.8	1,717.8	1,418.5
Other intangible assets	221.8	221.8	120.1
Property, plant, and equipment	3,534.5	3,549.0	3,307.0
Investments in associates	124.1	121.9	124.3
Other investments	15.4	15.4	9.8
Deferred tax assets	139.9	141.4	72.6
Deferred pension charges	47.4	43.0	83.8
Long-term derivative instruments	19.1	20.3	—
Other long-term financial assets	44.2	46.4	46.1
Other assets	2.2	0.9	1.1
Non-current assets	5,873.4	5,877.9	5,183.3
Inventories	1,750.0	1,597.2	1,540.5
Trade accounts receivable	2,853.0	2,340.3	2,508.7
Other short-term financial assets	123.4	126.9	44.4
Other assets	289.4	283.4	379.3
Income tax receivable	27.6	29.1	21.6
Short-term derivative instruments and interest bearing investments	3.0	12.8	79.1
Cash and cash equivalents	803.9	571.1	989.3
Assets held for sale	27.1	14.3	139.2
Current assets	5,877.4	4,975.1	5,702.1
Total assets	11,750.8	10,853.0	10,885.4

Total equity and liabilities in € millions	March 31, 2007	Dec. 31, 2006	March 31, 2006
Common stock	375.2	375.1	373.4
Capital reserves	1,344.8	1,340.1	1,309.5
Retained earnings	3,157.4	2,886.8	2,271.6
Other reserves	-150.0	-131.2	-164.3
Minority interests	243.4	239.1	227.2
Total equity	4,970.8	4,709.9	4,017.4
Provisions for pension liabilities and other post-employment benefits	520.2	525.6	1,299.5
Deferred tax liabilities	171.4	189.1	142.2
Long-term provisions for other risks	333.8	333.2	355.0
Long-term portion of indebtedness	1,013.1	1,082.1	1,007.7
Other liabilities	38.1	26.8	30.3
Non-current liabilities	2,076.6	2,156.8	2,834.7
Trade accounts payable	1,555.4	1,465.9	1,359.7
Income tax payable	430.9	381.6	377.3
Short-term provisions for other risks	551.2	533.7	470.0
Indebtedness	1,135.2	703.1	730.8
Other short-term financial liabilities	587.6	565.4	519.2
Other liabilities	443.1	336.6	479.6
Liabilities related to assets held for sale	—	—	96.7
Current liabilities	4,703.4	3,986.3	4,033.3
Total equity and liabilities	11,750.8	10,853.0	10,885.4
Gearing ratio in %	26.6	25.1	16.7

Consolidated Cash Flow Statements

		January 1 to March 31
in € millions	2007	2006
EBIT	436.8	352.4
Interest paid	-19.0	-21.5
Interest received	8.7	6.7
Income tax paid	-109.3	-64.3
Dividends received	8.2	7.2
Depreciation and amortization	176.8	155.7
At-equity share in earnings of associates and accrued dividend income from other investments	-10.3	-10.8
Gains from the disposal of assets, subsidiaries and business units	-1.9	-2.2
Changes in
inventories	-154.2	-135.9
trade accounts receivable	-511.5	-417.6
other assets	-22.3	-120.9
trade accounts payable	88.7	49.5
pension and post-employment provisions	-3.7	10.1
provisions for other risks	18.0	11.7
other liabilities	161.6	130.7
Cash flow provided by/used for operating activities	66.6	-49.2
Proceeds on disposal of property, plant, equipment and intangible assets	4.6	14.7
Capital expenditure on property, plant, equipment and software	-160.1	-200.1
Capital expenditure on intangible assets from development projects	-0.4	—
Acquisition of subsidiaries and business units, incl. acquired cash and cash equivalents	-40.0	-2.0
Short-term interest bearing advances	9.5	6.4
Cash used for investing activities	-186.4	-181.0
Cash flow before financing activities	-119.8	-230.2
Change in indebtedness	356.6	-49.9
Proceeds from the issuance of shares	0.1	0.0
Dividends paid to minority interests	-1.9	-1.9
Cash flow provided by/used for financing activities	354.8	-51.8
Change in cash and cash equivalents	235,0	-282.0
Cash and cash equivalents as of January 1	571.1	1,273.8
Effect of exchange rate changes on cash and cash equivalents	-2.2	-2.5
Cash and cash equivalents as of March 31	803.9	989.3

Reconciliation of Free Cash Flow to the Change in Net Indebtedness

in € millions January 1 to March 31
	2007	2006
Cash flow before financing activities (free cash flow)	-119.8	-230.2
Dividends paid	—	—
Dividends paid to minority interests	-1.9	-1.9
Proceeds from the issuance of shares	0.1	0.0
Non-cash changes	-16.8	-3.0
Other	-1.8	51.6
Foreign exchange effects	-1.1	6.6
Change in net indebtedness	-141.3	-176.9

Consolidated Statements of Changes in Total Equity

	Number of shares	Common stock	Capital reserves	Retained earnings		Other reserves		Subtotal	Minority interest	Total
in € millions	(thousands)				Successive share purchases	Difference from currency translation	financial instru ments2
As of Jan. 1, 2006	145,865	373.4	1,307.8	2,049.7	-24.8	-131.6	-0.3	3,574.2	220.8	3,795.0
Net income				221.9				221.9	6.5	228.4
Comprehensive income						-7.6		-7.6	-0.1	-7.7
Net profit for the period				221.9		-7.6		214.3	6.4	220.7
Issuance of shares1	5		1.7					1.7		1.7
As of March 31, 2006	145,870	373.4	1,309.5	2,271.6	-24.8	-139.2	-0.3	3,790.2	227.2	4,017.4
As of Jan. 1, 2007	146,529	375.1	1,340.1	2,886.8	-22.9	-107.5	-0.8	4,470.8	239.1	4,709.9
Net income				270.5				270.5	6.8	277.3
Comprehensive income						-18.9		-18.9	0.1	-18.8
Net profit for the
period				270.5		-18.9		251.6	6.9	258.5
Dividends paid									-1.9	-1.9
Issuance of shares1	27	0.1	4.7	0.1				4.9		4.9
Successive acquisitions of shares of fully consolidated companies					0.1			0.1	-0.7	-0.6
As of March 31, 2007	146,556	375.2	1,344.8	3,157.4	-22.8	-126.4	-0.8	4,727.4	243.4	4,970.8

1 Includes the expenditure and exercise of rights derived from stock option plans and convertible bonds.

2 Net of deferred tax.

Additional Information

Consolidated net pension expenses can be summarized as follows:

in € millions				January 1 to March 31, 2007					January 1 to March 31, 2006
	Germany U.S.A.			UK Others		Total Germany	U.S.A.		UK Others	Total
Current service cost	8.1	0.6	1.1	1.0	10.8	7.1	2.6	1.2	0.8	11.7
Interest on defined benefit obligation	15.4	9.3	2.2	1.0	27.9	15.9	9.9	1.9	0.9	28.6
Expected return on plan assets	-8.5	-12.5	-2.6	-0.4	-24.0	-4.7	-13.6	-2.5	-0.3	-21.1
Amortization of actuarial gains and losses as well as other costs	1.0	0.1	0.0	0.1	1.2	1.3	0.5	0.0	0.1	1.9
Net periodic pension cost	16.0	-2.5	0.7	1.7	15.9	19.6	-0.6	0.6	1.5	21.1

Consolidated retirement healthcare and life insurance expenses in the U.S.A. can be summarized as follows:

in € millions	January 1 to March 31, 2007	January 1 to March 31, 2006
Current service cost	0.4	1.1
Interest cost on defined benefit obligation	2.6	4.4
Amortization of actuarial gains and losses as well as other costs	-0.4	-0.4
Net cost of other post-employment benefits	2.6	5.1

Cash Changes in Post-Employment Obligations

Pension funds exist only for post-employment obligations from pensions, particularly in Germany, the U.S.A. and UK, and not for other obligations. The companies of the Continental Corporation contributed €1.8 million (previous year: €1.7 million) into these pension funds for the period of January 1 to March 31, 2007.

Payments for benefit obligations totaled €39.8 million (previous year: €30.6 million) for the period of January 1 to March 31, 2007. Payments for other postemployment benefits totaled €3.8 million (previous year: €5.7 million) for the same period.

Companies Consolidated

In addition to the parent company, the consolidated financial statements include 281 domestic and foreign companies in which Continental Aktiengesellschaft holds a direct or indirect interest of at least 20% of the voting rights. Of these, 247 are fully consolidated and 34 are carried at equity.

Since December 31, 2006, the total number of consolidated companies has increased by three. Five companies were acquired and two companies were merged.

Since March 31, 2006, the total number of consolidated companies has increased by 16. The principal additions to the companies consolidated related to the acquisition of Roulunds Rubber A/S and Thermopol International Ltd. and their subsidiaries, and of Motorola's automotive electronics business. Major disposals included the Conti-Tech division's Stankiewicz business unit which encompassed all the related subsidiaries.

Acquisition of Thermopol

On February 1, 2007, ContiTech AG acquired 100% of the shares of the hose manufacturer Thermopol International Ltd., London, and its subsidiaries for a preliminary price of €27.2 million including the incidental costs of the acquisition. The acquired assets and liabilities were recognized at their estimated fair values. The allocation of the purchase price gave rise to goodwill of €12.5 million, reflecting the strengthening of the global market position for high-performance silicone hoses for cars and commercial vehicles.

Since the acquisition, the Thermopol Group has contributed €7.0 million in sales. The acquisition has not led to any material change in the net income attributable to the shareholders of the parent.

in € millions	Carrying amount immedi ately before acquisition	Fair value at date of initial consolidation
Current assets	16.8	16.8
Non-current assets	6.2	12.9
thereof intangible assets	0.5	6.9
Short-term liabilities	-12.1	-12.1
Non-current liabilities	-0.5	-2.9
Purchased net assets	10.4	14.7
Purchase price		26.9
Incidental costs of acquisition		0.3
Goodwill		12.5

Capital Expenditure on Property, Plant, Equipment and Software

in € millions	January 1 to March 31
	2007	2006
Automotive Systems	72.3	57.3
in % of sales	4.2	4.0
Passenger and Light Truck Tires	49.1	82.1
in % of sales	4.3	7.5
Commercial Vehicle Tires	16.8	38.0
in % of sales	4.9	11.0
ContiTech	21.7	22.2
in % of sales	2.8	2.9
Other/consolidation	0.2	0.5
Corporation	160.1	200.1
in % of sales	4.0	5.5

Financial Calendar

2007
Financials press conference	February 22
Analyst conference	February 22
Annual Shareholders' Meeting	April 24
Interim report as of March 31, 2007	May 2
Interim report as of June 30, 2007	August 1
Interim report as of September 30, 2007	October 31

Continental Aktiengesellschaft, P.O.Box 169, 30001 Hanover, Germany Vahrenwalder Straße 9, 30165 Hanover, Germany Phone +49 511 938-01, Fax +49 511 938-81770, mailservice@conti.de, www.conti-online.com

07

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