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Personnel Announcement: Change in Executive Board of Continental AG

HANOVER, Germany, May 29, 2008 -- At its meeting today, the SupervisoryBoard of Continental AG accepted the request by William L. Kozyra, DeputyMember of the Executive Board of Continental AG, that he be granted earlyrelease from his contract and premature termination of his appointment toContinental AG"s Executive Board effective June 1, 2008. Kozyra will takeup a new challenge in another company. He has been Deputy Member of theExecutive Board of Continental AG for the NAFTA region since February 2006.Amongst other things, Kozyra was responsible for the Integration of theMotorola Automotive activities into Continental.

The Supervisory Board thanks Mr. Kozyra for all the work he has doneduring his ten years as President and CEO of Continental Teves NorthAmerica and wishes him every success in his new assignment.

Effective June 1, 2008, Samir Salman, Head of Division Chassis andSafety NAFTA, is appointed CEO for North America and Jeff Klei, GeneralMotors Key Account Manager, is appointed President for North America. Thishas been decided by the Executive Board of Continental AG on Monday.

With targeted annual sales of more than euro 26.4 billion in 2008, theContinental Corporation is one of the top automotive suppliers worldwide.As a supplier of brake systems, powertrain and chassis systems andcomponents, instrumentation, infotainment solutions, vehicle electronics,tires and engineering elastomers, the corporation contributes to enhanceddriving safety and global climate protection. Continental is also acompetent partner in networked automobile communication. The corporationcurrently employs approximately 150,000 people at more than 200 locationsin 36 countries.