Continental AG: Change in Executive Board of Continental AG
Continental AG / Change of PersonnelRelease of an Ad hoc announcement according to § 15 WpHG, transmitted byDGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------Hanover, August 21, 2008. Following todays closure of the far reachingInvestors Agreement with Schaeffler KG, as well as Ms. Maria-ElisabethSchaeffler and Mr. Georg F.W. Schaeffler, Continantal AG is opening a newchapter in its corporate history. Due to this, Continental CEO, ManfredWennemer (60) has asked the supervisory board to be released from hisresponsibilities by 31. August 2008. The supervisory board has agreed tothis request with great respect for Wennemers achievements. His successorwill be appointed in the immediate future.Wennemer has been Chief Executive Officer of Continental AG since September2001. Under his leadership, Continental AG has developed to one of the mostsuccessful automotive suppliers in the world. The supervisory and executiveboards of the company thank Mr. Wennemer for his most outstandingachievements for Continental during a decisive phase in its corporatehistory.With targeted annual sales of more than €26.4 billion for 2008, theContinental Corporation is one of the top automotive suppliers worldwide.As a supplier of brake systems, systems and components for the powertrainand chassis, instrumentation, infotainment solutions, vehicle electronics,tires and technical elastomers, the corporation contributes towardsenhanced driving safety and protection of the global climate. Continentalis also a competent partner in networked automobile communication. Today,the corporation employs approximately 150,000 at nearly 200 locations in 36countries.21.08.2008 Financial News transmitted by DGAP---------------------------------------------------------------------- Language: EnglishIssuer: Continental AG Vahrenwalder Straße 9 30165 Hannover DeutschlandPhone: +49 (0)511 938-1068Fax: +49 (0)511 938-1080E-mail: ir@conti.deInternet: www.conti.deISIN: DE0005439004WKN: 543900Indices: DAXListed: Regulierter Markt in Berlin, Frankfurt (Prime Standard), Hannover, Hamburg, Luxembourg, Stuttgart; Freiverkehr in München, Düsseldorf; Terminbörse EUREX; Foreign Exchange(s) SWX, Wien End of News DGAP News-Service ---------------------------------------------------------------------------