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Car news / Daimler Shareholders Approve Increase in Dividend by One Third to Euro 2.00 per Share

10.04.2008

Daimler Shareholders Approve Increase in Dividend by One Third to Euro 2.00 per Share

Car News / Theautochannel.com


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BERLIN, April 9 -- Daimler AG"s shareholders approved the distributionof a dividend for 2007 of euro 2.00 per share (prior year: euro 1.50 pershare) at the Annual Meeting held in Berlin on Wednesday. The totaldividend distribution thus amounts to euro 1,928 million. The item of theagenda "Resolution on the Allocation of Unappropriated Profit" was approvedwith 99.88 % of the votes cast.

The shareholders also granted the Board of Management new authorizationto acquire additional shares in a volume of up to 10% of the existing sharecapital. The authorization takes effect as of April 10, 2008 and remains inforce until October 9, 2009. The item of the agenda "Resolution onauthorization for the Company to acquire its own shares and on theirutilization" was approved with 99.32% of the votes cast. At the AnnualMeeting in 2007, the shareholders had authorized the management to acquirealmost 10 percent of the outstanding shares; this authorization was fullyutilized by the end of March 2008.

In addition, the Annual Meeting elected Ms. Sari Baldauf and Dr. JuergenHambrecht as members of the Supervisory Board to succeed Earl G. Graves undPeter A. Magowan, who stood down at the end of 2007. Ms. Baldauf, a memberof the Board of Directors of Hewlett-Packard Company and former ExecutiveVice President and General Manager of the Networks Business Group of NokiaCorporation, and Mr. Hambrecht, Chairman of the Board of ExecutiveDirectors of BASF SE, are thereby appointed as members of the SupervisoryBoard with immediate effect until the Annual Meeting in 2013.

Mr. Joerg Hofmann and Mr. Ansgar Osseforth are new members of theSupervisory Board representing the employees and succeeding Mr. WolfJuergen Roeder and Mr. Gerd Rheude. Their period of office beginsimmediately after the 2008 Annual Meeting and ends with the Annual Meetingin 2013.

The actions of the members of the Board of Management were ratified with99.62 percent; the actions of the members of the Supervisory Board wereratified with 99.57 percent. The additional items of the agenda submittedby shareholders were approved by a maximum of only 6.07 percent of thevotes cast and were therefore rejected.

Approximately 6,500 shareholders attended the Annual Meeting at theBerlin Messe exhibition center (prior year: 7,900). 42.45 percent of theshareholders" voting rights were represented at the Annual Meeting.

On April 10, 2008, the dividend will be paid out to those shareholderswho held shares on April 9, 2008.

Further information from Daimler is available on the internet at:www.media.daimler.com

About Daimler

Daimler AG, Stuttgart, with its businesses Mercedes-Benz Cars, DaimlerTrucks, Daimler Financial Services, Mercedes-Benz Vans and Daimler Buses,is a globally leading producer of premium passenger cars and the largestmanufacturer of commercial vehicles in the world. The Daimler FinancialServices division has a broad offering of financial services, includingvehicle financing, leasing, insurance and fleet management. Daimler sellsits products in nearly all the countries of the world and has productionfacilities on five continents. The company"s founders, Gottlieb Daimler andCarl Benz, continued to make automotive history following their inventionof the automobile in 1886. As an automotive pioneer, Daimler and itsemployees willingly accept an obligation to act responsibly towards societyand the environment and to shape the future of safe and sustainablemobility with groundbreaking technologies and high-quality products. Thecurrent brand portfolio includes the world"s most valuable automobilebrand, Mercedes-Benz, as well as smart, AMG, Maybach, Freightliner,Sterling, Western Star, Mitsubishi Fuso, Setra, Orion and Thomas BuiltBuses. The company is listed on the stock exchanges in Frankfurt, New Yorkand Stuttgart (stock exchange abbreviation DAI). In 2007, the Group sold2.1 million vehicles and employed a workforce of over 270,000 people;revenue totaled euro 99.4 billion and EBIT amounted to euro 8.7 billion.Daimler is an automotive Group with a commitment to excellence, and aims toachieve sustainable growth and industry-leading profitability.

This document contains forward-looking statements that reflect ourcurrent views about future events. The words "anticipate," "assume,""believe," "estimate," "expect," "intend," "may," "plan," "project,""should" and similar expressions are used to identify forward-lookingstatements. These statements are subject to many risks and uncertainties,including an economic downturn or slow economic growth in importanteconomic regions, especially in Europe or North America; changes incurrency exchange rates and interest rates; the introduction of competingproducts and the possible lack of acceptance of our products or serviceswhich may limit our ability to raise prices; price increases in fuel, rawmaterials, and precious metals; disruption of production due to shortagesof materials, labor strikes, or supplier insolvencies; a decline in resaleprices of used vehicles; the business outlook for Daimler Trucks, which maybe affected if the U.S. and Japanese commercial vehicle markets experiencea sustained weakness in demand for a longer period than originallyexpected; the effective implementation of cost reduction and efficiencyoptimization programs; the business outlook of Chrysler, in which we holdan equity interest, including its ability to successfully implement itsrestructuring plans; the business outlook of EADS, in which we hold anequity interest, including the financial effects of delays in andpotentially lower volumes of future aircraft deliveries; changes in laws,regulations and government policies, particularly those relating to vehicleemissions, fuel economy and safety, the resolution of pending governmentalinvestigations and the outcome of pending or threatened future legalproceedings; and other risks and uncertainties, some of which we describeunder the heading "Risk Report" in this Annual Report and under theheadings "Risk Factors" and "Legal Proceedings" in the Annual Report onForm 20-F filed with the Securities and Exchange Commission. If any ofthese risks and uncertainties materialize, or if the assumptions underlyingany of our forward-looking statements prove incorrect, then our actualresults may be materially different from those we express or imply by suchstatements. We do not intend or assume any obligation to update theseforward-looking statements. Any forward-looking statement speaks only as ofthe date on which it is made.

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