Ad hoc Releases

07-05-03

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.

Q1/2007 order intake at EUR4.8 billion represented a EUR0.9 billion
addition versus the year-earlier amount (EUR3.9 billion) and a rise
of 23 percent. Q1 sales advanced 15 percent to EUR3.3 billion
(Q1/2006: EUR2.9 billion).

Q1 operating profit for the MAN Group leaped by 51 percent or EUR107
million from EUR211 million to EUR318 million. As a consequence,
Return on sales rose from 7.4 percent in Q1/2006 by 2.2 percentage
points to 9.6 percent. The MAN Group’s EBT for Q1/2007 improved by
EUR103 million to EUR 305 million (Q1/2006: EUR202 million). Earnings
after tax jumped from EUR154 million to EUR228 million. EpS of
continuing operations leaped from EUR0.98 to EUR1.49.

Assuming a continuation of the congenial capital goods climate, we
expect the MAN Group to book orders for all of 2007 in the region of
the previous year (EUR16.6 billion). For the MAN Group as such, we
expect 2007 to show an overall sales growth of around 10 percent from
the 2006 level of EUR13.0 billion.

The MAN Group will again report an accelerated improvement in
operating profit (2006: EUR1,105 million). ROS should for the year as
a whole maintain the Q1/2007 level of 9.6 percent (up from 8.5 percent
in 2006).

MAN Aktiengesellschaft
The Executive Board





DGAP 03.05.2007