Volkswagen to purchase Scania shares from Porsche

Wolfsburg, 13 February 2009 - Volkswagen Aktiengesellschaft will shortly purchase the Scania shares to the value of approximately 395 million euros tendered to Porsche Automobil Holding SE under the mandatory offer, thus bringing Volkswagen’s stake in Scania to approximately 49.29 percent of the capital and approximately 71.81 percent of the voting rights.

4,398,139 Scania A-shares and 59,037,822 B-shares were tendered to Porsche Automobil Holding SE under the mandatory offer. This corresponds to approximately 7.93 percent of Scania share capital and approximately 2.34 percent of the voting rights.

As at December 31, 2008 the Volkswagen stake in Scania was approximately 41.36 percent of the share capital and approximately 69.47 percent of the voting rights.

Source: Volkswagen