AUDI AG: Announcement of the Joint Statement of the Management Board and the Supervisory Board regarding the Mandatory Offer of Porsche Automobil Holding SE

Business Wire, Oct 16, 2008

AUDI AG / Statement

BERLIN & INGOLSTADT, Germany --

Shares of AUDI Aktiengesellschaft:
WKN 675700
ISIN DE0006757008

Tendered shares of AUDI Aktiengesellschaft:
ISIN DE000A0XYHH0

Announcement pursuant to sections 27 para. 3 sent. 1, 14 para. 3 sent. 1 no. 2 of the German Securities and Acquisition and Takeover Act (Wertpapiererwerbs- und oubernahmegesetz, WpouG)

The joint Statement of the Management Board and of the Supervisory Board of AUDI Aktiengesellschaft, Ingolstadt/Germany, regarding the Mandatory Offer of Porsche Automobil Holding SE, Stuttgart/Germany, to the Shareholders of AUDI Aktiengesellschaft published on 29 September 2008 is available as of today at AUDI Aktiengesellschaft, I/FF-12, Finance Communication/Finance Analysis, 85045 Ingolstadt, Germany, free of charge and can be requested via facsimile ( 49-(0)841-89-30900) also free of charge.

Furthermore the joint Statement is available on the Internet at:

German: http://www.audi.de/Stellungnahme_zu_Porsche-Angebot English: http://www.audi.com/Statement_on_Porsche_Offer

Ingolstadt, 16 October 2008

AUDI Aktiengesellschaft The Management Board and the Supervisory Board

AUDI AG: The Audi Group, comprising the Audi and Lamborghini brands, is one of the leading and most successful carmakers in the premium segment. At the core of the Company is the Audi brand, which achieved its twelfth record-breaking year in succession last year, with vehicle deliveries of 964,151 units. With revenues of EUR 33,617 million and a profit before tax of EUR 2,915 million, the company attained its best figures ever. Audi produces vehicles in Ingolstadt and Neckarsulm (Germany), Gyor (Hungary), Brussels (Belgium) and Changchun (China). At the end of 2007, production of the Audi A6 started in Aurangabad, India. The company is active in more than 100 markets worldwide. Audi currently employs around 58,000 people worldwide, including around 46,000 in Germany. The brand with the four rings invests more than EUR 2 billion each year in order to sustain the company's technological lead embodied in its 'Vorsprung durch Technik' slogan. Audi plans to significantly increase the number of models in its portfolio by 2015 to 40.

Disclaimer: This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares in AUDI Aktiengesellschaft, nor an offer to purchase or sell any other securities. It may contain forward-looking statements and information on the mandatory public offer by Porsche Automobil Holding SE and on the business development of the Audi Group. These statements can be recognized by terms such as 'expects', 'anticipates', 'intends', 'plans', 'believes', 'seeks', 'estimates', 'will' or words with similar meaning. These statements are based on the current expectations and assumptions of the Audi Group and AUDI Aktiengesellschaft and are inherently subject to uncertainties and changes in circumstances, in particular, but not exclusively, to the development of the economies of individual countries and the automotive industry. To the extent legally permissible, neither the Audi Group nor AUDI Aktiengesellschaft do assume any obligation to update publicly any forward-looking statement nor do they assume any obligation to update any information regarding the mandatory public offer by Porsche Automobil Holding SE or regarding the joint Statement of the Management Board and of the Supervisory Board of AUDI Aktiengesellschaft, whether as a result of new information, future events or otherwise.

Language: English
Issuer:   AUDI AG
          -
          85045 Ingolstadt
          Deutschland
Phone:     49 (0)841 89-0
Fax:       49 (0)841 89-32524
E-mail:   service@audi.de
Internet: www.audi.de
ISIN:     DE0006757008
WKN:      675700
Listed:   Regulierter Markt in Berlin, Frankfurt (General Standard),
          Dusseldorf, Hamburg, Munchen, Stuttgart