Continental AG: Continental Has A Very Good Start to 2012

Press Release

Continental Has A Very Good Start to 2012

- Sales of EUR8.3 billion / EBIT of EUR766 million

- Automotive supplier lays foundation for comfortably achieving its goals for the year

Hanover, April 27, 2012. The Continental Corporation succeeded in having a very good start to 2012: First quarter sales saw double-digit year-on-year growth to EUR8.3 billion and thus were again much stronger than the automotive and tire markets. At EUR766 million, reported EBIT substantially exceeded the previous year's figure as well as the figure from the fourth quarter of 2011. With a margin of 10.6%, adjusted EBIT before acquisition-related amortization and special effects amounted to roughly EUR875 million, after EUR734 million last year. The international automotive supplier presented these key figures on the occasion of its Annual Shareholders' Meeting in Hanover on Friday. The complete report on the first quarter of 2012 will be published on May 3.

'The successful start to the new year makes us confident that we will comfortably achieve the goals we set ourselves for this year. We are assuming that global production of light vehicles with a total weight of up to six tons will be able to reach 79 million vehicles worldwide,' said Continental CEO Dr. Elmar Degenhart. In 2012, Continental intends to boost its sales by more than 5% to over EUR32 billion and maintain its high adjusted EBIT margin from 2011 in 2012 as well.

With sales of EUR30.5 billion in 2011, Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. Continental is also an expert partner in networked automobile communication. Continental currently has approximately 167,000 employees in 46 countries.

Database on the Internet: www.mediacenter.continental-corporation.com

Financial reports: www.continental-ir.de