Ad hoc Releases

08-10-30

MAN AG / Quarter Results

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.

The MAN Group continued to grow in the third quarter, with a strong
increase in net sales and a substantial improvement in earnings.
Following a slowdown in growth in the order intake during the first
half of 2008, incoming orders fell by 30% in the third quarter from
EUR4.4 billion to EUR3.1 billion. At EUR12.1 billion, the cumulative
order intake for the first nine months is 9% below the prior-year
period (EUR13.3 billion). The Industrial Services business area is
reported as a discontinued operation in MAN's quarterly report as of
September 30, 2008. The prior-year figures have been adjusted for
comparison purposes.

The MAN Group’s net sales rose in the first nine months by 18% to
EUR11.0 billion (previous year: EUR9.3 billion), EUR3.6 billion
(EUR3.1 billion) of which related to the third quarter. All business
areas recorded double-digit growth.

The MAN Group increased its operating profit in the first nine months
to EUR1,371 million, up 37% on the prior-year figure (EUR1,002
million). This includes the dividend payment from Scania of EUR57
million from the second quarter (EUR43 million). The Group's Q3
operating profit rose to EUR422 million (EUR334 million). The return
on sales was up from 10.8% in the previous year to 12.5% in the first
three quarters (excluding the Scania dividend: 12.0% compared with
10.3%).

The MAN Group's earnings before taxes including nonrecurring income
improved to EUR1,437 million in the first three quarters (EUR1,206
million). Net income rose to EUR1,070 million (EUR894 million).
Excluding nonrecurring income, earnings per share from continuing
operations reached EUR6.44 compared with EUR4.57 in the prior-year
period. Including nonrecurring income, it amounts to EUR6.87 (EUR5.48).

We are forecasting a reduction in the order intake for full-year
2008, due mainly to the significant drop in orders in the Commercial
Vehicles business area. Net sales will again exceed the prior-year
level. We are predicting our return on sales (ROS) to be just under
12% (11.2%). Our balanced Group structure, high order backlog, and
increased flexibility give us a strong basis for 2009 despite the
economic uncertainty and will cushion the effects of the economic
downturn.

MAN Aktiengesellschaft
The Executive Board
30.10.2008  Financial News transmitted by DGAP