Continental AG: Continental AG Intends to Place Approx. 14,6 Million New Shares

Continental AG / Capital Increase/AgreementRelease 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.----------------------------------------------------------------------Not for release in the United States, Canada or JapanOctober 30, 2007Continental AG Intends to Place Approx. 14,6 Million New SharesHanover – With approval of the supervisory board, the management board ofContinental Aktiengesellschaft today decided to increase the company’sshare capital against contribution in cash, with the exclusion ofshareholders’ pre-emptive rights. The company intends to increase itscapital by issuing up to 14.652.912 million new Continental shares by wayof an accelerated bookbuilt offering to German and internationalinstitutional investors. The new shares will be fully entitled to dividendsbeginning fiscal year 2007.The size of the offering amounts to approximately 10% of the company’sregistered share capital. Pricing and allocation of the new shares isexpected to be completed in the course of Tuesday, October 30.The proceeds of the capital increase will contribute to the financing ofthe acquisition of Siemens VDO Automotive AG.Continental also announces that the Management Report as of September 30,2007 will be published in the morning of Tuesday, October 30 (rather thanon October 31, as originally planned).This announcement is for information purposes only and is not an offer tosell, or the solicitation of an offer to buy, any securities in the UnitedStates of America (the 'U.S.'), Germany or any other jurisdiction. Securities may not be offered or sold in the U.S. absent registration or anexemption from registration under the U.S. Securities Act of 1933, asamended. Continental Aktiengesellschaft does not intend to register anyportion of the offering in the U.S. or conduct a public offering ofsecurities of Continental Aktiengesellschaft in the U.S.30.10.2007 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: Amtlicher Markt in Berlin, Frankfurt (Prime Standard), Hannover, Hamburg, Luxembourg, Wien, Stuttgart; Freiverkehr in München, Düsseldorf; Terminbörse EUREX; Foreign Exchange(s) SWX End of News DGAP News-Service ---------------------------------------------------------------------------