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Volkswagen AG M&A Activity 2008

Mar 3, 2008

472_rns_2008-03-03_a3a2aa51-696f-43df-956b-d0d78412a665.html

M&A Activity

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News Details

Ad-hoc | 3 March 2008 07:53

Volkswagen AG:

VOLKSWAGEN AG / Contract

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


Volkswagen acquires entire Investor and Wallenberg Foundations stake in
Scania

Volkswagen to become 68.6% voting shareholder in Scania

Volkswagen has reached an agreement with Investor AB and the Wallenberg
Foundations regarding the purchase of their stakes in Scania (in total
134,711,900 A-shares or 30.62% of Scania’s voting rights) for a
consideration of 200 SEK per A-share in cash. The purchase of the stake
will increase Volkswagen’s total votes in Scania to 68.60% (previously
37.98%) which corresponds to 37.73% of the capital (previously 20.89%).
The completion of the purchase is subject to merger clearance.

Wolfsburg, March 3, 2008

Volkswagen AG – The Board of Management

03.03.2008 Financial News transmitted by DGAP

Language: English
Issuer: VOLKSWAGEN AG
Brieffach 1849
38436 Wolfsburg
Deutschland
Phone: +49 (0)5361 9 - 49840
Fax: +49 (0)5361 9 - 30411
E-mail: [email protected]
Internet: www.volkswagenag.com/ir
ISIN: DE0007664005, DE0007664039
WKN: 766400, 766403
Indices: DAX, Euro Stoxx 50
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Hannover, Düsseldorf, Stuttgart, München, Hamburg,
Luxembourg; Terminbörse EUREX; Foreign Exchange(s) London,
SWX

End of News DGAP News-Service