MAN AG / Letter of Intent

Release of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

Effective from January 1, 2008, MAN AG is selling 70% of its shares
of MAN Ferrostaal AG, Essen, to International Petroleum Investment
Company (IPIC) of Abu Dhabi. A letter of intent was signed
accordingly. The governing bodies have agreed to this step. The
objective of the partnership is to realise potential for growth and to
open up market potential for MAN Ferrostaal in the area of future
technologies. It has been consented not to disclose details of the
agreement prior to the close of the contract.

With this step, MAN is now sustainably concentrating on the
manufacturing business areas in Transport-Related Engineering. This
focus improves the conditions for sustainable growth in all areas.

The Executive Board
October 07, 2008
07.10.2008  Financial News transmitted by DGAP