PRESS RELEASE Corporate

Board and Supervisory Board continue to hold 7.7 percent in Tognum AG

Posted on November 27, 2008

Board and Supervisory Board members have informed Tognum AG that their shareholdings previously held indirectly through Seeker Managementbeteiligung GmbH & Co KG, have been transferred to their private portfolios. Following the end of the agreed lock-up period in July 2008, these transfers have materialised in connection with the dissolution of Seeker Managementbeteiligung GmbH & Co KG scheduled for the end of the year.
  • Board and Supervisory Board members with no intention to sell
  • Dissolution of management shareholding pool with transfer of shares
  • Free float increases to almost 75 %

Friedrichshafen, 27 November 2008. Board and Supervisory Board members have informed Tognum AG that their shareholdings previously held indirectly through Seeker Managementbeteiligung GmbH & Co KG, have been transferred to their private portfolios. Following the end of the agreed lock-up period in July 2008, these transfers have materialised in connection with the dissolution of Seeker Managementbeteiligung GmbH & Co KG scheduled for the end of the year. This company was set up in 2006 by former major shareholder EQT, as well as four members of the Executive Board, four members of the Supervisory Board (one former and three current members) and – at that time – 23 second-level managers, with the objective of bundling executive shareholdings in the amount of 11.6% in Tognum AG. Seeker Managementbeteiligung has been holding this total of 11.6% of Tognum AG’s shares until the expiry of the lock-up period.
Volker Heuer, Chairman of the Executive Board and CEO of Tognum AG, explains: "The transfer of these shareholdings is a mere formality. Since I am convinced of long-term profitable growth of Tognum AG, I continue to regard my personal share in Tognum as a long-term commitment. I believe the confirmation received by my colleagues on the Executive Board as well as the members of the Supervisory Board involved, who all – just like me – choose to remain invested, is a strong signal for the capital market."

Tognum AG shareholder structure following the transfer of all shares to the Limited Partners of Seeker Managementbeteiligung GmbH & Co KG:
  • Daimler AG: > 25 % (since July 2008)
  • Free float: < 75 %, of which
    - Executive Board, total*: 6.7 %
    - Supervisory Board, total*: 1.0 %
    - Other executives**: 3.9 %
    - ING Group: > 5.0 %
    - Schmid Maybach LLC: 2.7 %

* Reporting obligations with regard to so-called “Directors’ Dealings” apply for current members of both the Executive and the Supervisory Boards, as well as their close family, to be documented on the Tognum website following initial publication (-> Investors -> Corporate Governance -> Directors’ Dealings).
** Shareholdings known until expiry of the lock-up period. Since private securities transactions of managers who are not a member of the Executive Board or the Supervisory Board of Tognum AG, or of former executives who are no longer a member of the Boards, are not subject to the “Directors’ Dealings“ reporting obligations, it is now no longer possible to track the development of the shareholdings of these individuals.
Julia Höchel Spokeswoman Business and Financial Media
Phone:
+49 7541 90 3989
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