Daimler welcomes the new shareholder agreement at EADS; reduction of own shareholding in 2012 proceeding as planned

   Daimler welcomes the new shareholder agreement at EADS; reduction of own
                  shareholding in 2012 proceeding as planned

-- Daimler and KfW continue to be in close contact

-- Final decisions on exact details of the sale to be made soon

PR Newswire

STUTTGART, Germany, Dec. 5, 2012

STUTTGART, Germany, Dec. 5, 2012 /PRNewswire/ --Daimler welcomes and supports
the new organization of the shareholder structure at EADS and the related
conclusion of a new shareholder agreement replacing the existing one. As
before, Daimler intends to reduce its equity interest in EADS before the end
of 2012 and in this context will sell some of its EADS shares, among others to
KfW. Daimler and KfW are in close contact on this matter. Final decisions on
the exact details of the sale will be made soon.

Logo: http://photos.prnewswire.com/prnh/20080409/NYW017LOGO)

"We welcome the reorganization of the EADS shareholder structure with a
limited state influence, which we have always advocated. This is a big step
towards a more market-oriented shareholder structure and will expand the
entrepreneurial freedom of EADS. In combination with the protective mechanisms
on limiting voting rights that are now planned, EADS is extremely well
prepared to face future challenges," stated Bodo Uebber, Member of Daimler's
Board of Management for Finance & Controlling and Financial Services. "At the
same time, we can further reduce our shareholding. As we have previously
emphasized, we want to concentrate on our core business of automotive
manufacturing and mobility services."

Further information from Daimler is available at: www.media.daimler.com and
www.daimler.com 

This document contains forward-looking statements that reflect our current
views about future events. The words "anticipate," "assume," "believe,"
"estimate," "expect," "intend," "may," "plan," "project," "should" and similar
expressions are used to identify forward-looking statements. These statements
are subject to many risks and uncertainties, including an adverse development
of global economic conditions, in particular a decline of demand in our most
important markets; a worsening of the public debt crisis in the eurozone; a
deterioration of our funding possibilities on the credit and financial
markets; events of force majeure including natural disasters, acts of
terrorism, political unrest, industrial accidents and their effects on our
sales, purchasing, production or financial services activities; changes in
currency exchange rates; a shift in consumer preference towards smaller, lower
margin vehicles; or a possible lack of acceptance of our products or services
which limits our ability to achieve prices as well as to adequately utilize
our production capacities; price increases in fuel or raw materials;
disruption of production due to shortages of materials, labor strikes, or
supplier insolvencies; a decline in resale prices of used vehicles; the
effective implementation of cost-reduction and efficiency-optimization
measures; the business outlook of companies in which we hold a significant
equity interest, most notably EADS; the successful implementation of strategic
cooperations and joint ventures; changes in laws, regulations and government
policies, particularly those relating to vehicle emissions, fuel economy and
safety; the resolution of pending governmental investigations and the
conclusion of pending or threatened future legal proceedings; and other risks
and uncertainties, some of which we describe under the heading "Risk Report"
in Daimler's most recent Annual Report. If any of these risks and
uncertainties materialize, or if the assumptions underlying any of our
forward-looking statements prove incorrect, then our actual results may be
materially different from those we express or imply by such statements. We do
not intend or assume any obligation to update these forward-looking
statements. Any forward-looking statement speaks only as of the date on which
it is made.

About Daimler
Daimler AG is one of the world's most successful automotive companies. With
its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler
Buses and Daimler Financial Services, the Daimler Group is one of the biggest
producers of premium cars and the world's biggest manufacturer of commercial
vehicles with a global reach. Daimler Financial Services provides financing,
leasing, fleet management, insurance and innovative mobility services. The
company's founders, Gottlieb Daimler and Carl Benz, made history with the
invention of the automobile in the year 1886. As a pioneer of automotive
engineering, Daimler continues to shape the future of mobility today: The
Group's focus is on innovative and green technologies as well as on safe and
superior automobiles that appeal to and fascinate its customers. For many
years now, Daimler has been investing continually in the development of
alternative drive systems with the goal of making emission-free driving
possible in the long term. So in addition to vehicles with hybrid drive,
Daimler now has the broadest range of locally emission-free electric vehicles
powered by batteries and fuel cells. This is just one example of how Daimler
willingly accepts the challenge of meeting its responsibility towards society
and the environment. Daimler sells its vehicles and services in nearly all the
countries of the world and has production facilities on five continents. Its
current brand portfolio includes, in addition to the world's most valuable
premium automotive brand, Mercedes-Benz, the brands smart, Maybach,
Freightliner, Western Star, BharatBenz, Fuso, Setra and Thomas Built Buses.
The company is listed on the stock exchanges of Frankfurt and Stuttgart (stock
exchange symbol DAI).

In 2011, the Group sold 2.1 million vehicles and employed a workforce of more
than 271,000 people; revenue totaled €106.5 billion and EBIT amounted to €8.8
billion.

SOURCE Daimler Corporate Communications

Website: http://www.daimler.com
Contact: Han Tjan, +1-212-909-9063; or Florian Martens, +49 711 17-35014
 
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