Continental Matador Rubber s.r.o.: The new Number one in Europe November 8 th, Puchov, Slovakia -

2 / Press Conference- Puchov, Slovakia / Continental Matador Rubber s.r.o Agenda Targets of Joint Venture1 Strategy2 Growth Paths3 Benefits of Joint Venture4

3 / Press Conference- Puchov, Slovakia / Continental AG – PLT Division Continental is now Market Leader in Europe Market share in Original Equipment & Replacement Business 2006 (cumulated and based on number of pieces) Others

4 / Press Conference- Puchov, Slovakia / Continental AG – PLT Division European production capacity exceeded 83 million in 2006 Puchov

5 / Press Conference- Puchov, Slovakia / Continental Matador Rubber s.r.o Clear targets for this Joint Venture Become market leader for PLT tires in Europe Improve position in growth markets in Central & Eastern Europe: Get better access to growth markets in Poland, Ukraine, Czech Republic, Slovakia, as well as the Stan-States and Hungary and to a plant in Russia. Further increase low cost manufacturing position: Additional low cost plant (beside existing plants in CZ, ROM and P). Start another success story with strategic partner Matador: Truck tire joint venture (Continental: 76 %, Matador: 24 %) is very successful since 1998 and has proven the overall approach already. Benefits also for machinery and conveyor belt business.

6 / Press Conference- Puchov, Slovakia / Continental Matador Rubber s.r.o Agenda Targets of Joint Venture1 Strategy2 Growth Paths3 Benefits of Joint Venture4

7 / Press Conference- Puchov, Slovakia / Continental Matador Rubber s.r.o Establish new major PLT hub in Eastern Europe Organisational Structure & Human Resources in place: New company structure is implemented - Management team has been selected – Number of employees will increase significantly. Invest into additional Manufacturing Capacity: Establish Continental standards and increase existing production volume to more than 7 million PLT tires p.a. in Medium-/long-term potential up to 16 million PLT tires p.a.. Built Research & Developement Service Center at Puchov: Integrate Matador`s R&D capacities into worldwide R&D structure of Continental. Transfer product development responsibility for selected segments to Puchov. Install R&D and testing service center at Puchov as second R&D center in addition to Hanover.

8 / Press Conference- Puchov, Slovakia / Continental Matador Rubber s.r.o Improve position in Eastern Europe Increase brand awareness and open up additional Sales potentials: Matador brand management will stay responsible for operation in Puchov. Focus on growth opportunities in Central & Eastern European markets. Further improve Original Equipment Position: Strenghten OE business position for premium brand Continental - especially in Russia. Built another Logistics foothold for Eastern Europe: Create additional warehouse capacity and Distrubution Center at Puchov. Standardize Systems and Processes in Finance & Controlling & IT: Implement Continental`s structures and systems to increase efficiency.

9 / Press Conference- Puchov, Slovakia / Machinery and Conveyor Belt Business Strengthen Machinery and Conveyor Belt Business Strenghten position in Machinery Business (FMF): Integrate Matador`s know-how and capacity to cover increase in worldwide demand. Improve low cost position. Multi Brand Approach for Conveyor Belts Business (ContiTech): Integrate Matador‘s production capacities into ContiTech Business Unit Conveyor Belts and strengthen multi brand approach (Continental, Phoenix, Matador). Gain better access to eastern european markets.

10 / Press Conference- Puchov, Slovakia / Continental Matador Rubber s.r.o Agenda Targets of Joint Venture1 Strategy2 Growth Paths3 Benefits of Joint Venture4

11 / Press Conference- Puchov, Slovakia / Continental Matador Rubber s.r.o. Significant increase of production capacity in Puchov Annual production capacity at Puchov will at least be increased to more than 7 million PLT tires p.a. by Puchov has the growth potential* to 16 million PLT tires p.a. The short-term investment volume will at least exceed 25 million euros. Pending on the business development of the region and possible support by the Slovakian government growth to 16 million PLT tires p.a. and an investment volume of more than 160 million euros are possible. PLT tires p.a. in million

12 / Press Conference- Puchov, Slovakia / Continental Matador Rubber s.r.o Agenda Targets of Joint Venture1 Strategy2 Growth Paths3 Benefits of Joint Venture4

13 / Press Conference- Puchov, Slovakia / Benefits of this Joint Venture Win-Win Situation for all Parties Matador`s PLT business will make Continental the No 1 PLT tire supplier in Europe. Significant investments in Puchov will create new growth opprtunities. Market access for Continental`s brand portfolio in Eastern Europe will be ímproved. The tire brand Matador will profit from the technology of Continental. New engineering jobs will be created in Puchov, existing ones in Hanover will be secured. Efficiency and profitability of both companies will be increased and additional value will be created for the shareholder of Continental Matador Rubber s.r.o. and Continental AG.

14 / Press Conference- Puchov, Slovakia / Continental Matador Rubber s.r.o We are all looking forward to a successful strategic partnership and to become the clear No 1 in Europe!