Tognum Has a New Major Shareholder

April 30, 2008

approximately 22% stake in Tognum AG – which it held through the company Seeker Rekees S.à r.l. – to Daimler AG. Daimler’s Supervisory Board approved the acquisition of this shareholding. Furthermore, Daimler AG has informed us that it intends to acquire a blocking minority (25% plus one share) in

Tognum AG. The entire transaction is subject to the approval of antitrust and other authorities.

Tognum’s Board of Management welcomes this decision of Daimler and EQT. CEO Volker Heuer stated: “We are delighted that Daimler AG fully supports Tognum’s growth strategy – as a reliable business associate and now also as a strategic investor. EQT was the optimal partner for the implementation of our

corporate strategy focused on profitable growth and today’s independence. Less than one year after the initial public offering, the previously open question of what would happen to EQT’s remaining stake has been successfully resolved. With Daimler as a strategic anchor investor, the independence of the company that was achieved through the IPO has now been secured long term in the interests of our customers and shareholders.”

Related News

Pertamina Takes Delivery of Two VLGC Tankers Mitsui Advances Big Engine Track Record Panama Canal in Talks with US LNG Producers to Increase Transit US House Panel to Hold Hearing on Baltimore Bridge Collapse Rule Change Aids US Mariners' Return to Sea