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DGAP-PVR: VOLKSWAGEN AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the

DGAP-PVR: VOLKSWAGEN AG: Release according to Article 26, Section 1 of the WpHG 
[the German Securities Trading Act] with the objective of Europe-wide 
distribution

VOLKSWAGEN AG 

13.09.2013 17:15

Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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VOLKSWAGEN AKTIENGESELLSCHAFT
   
Release according to Article 27a, Section 2 of the 
Wertpapierhandelsgesetz (WpHG - the German Securities Trading Act) 
with the Aim of a Europe-wide distribution
   
   
Release according to Article 27a, Section 2 of the WpHG
Notification according to Article 27a, Section 1 of the WpHG
   
Ahorner Alpha Beteiligungs GmbH, Grünwald, Germany, Ahorner Beta 
Beteiligungs GmbH, Grünwald, Germany, Louise Daxer-Piech GmbH, 
Salzburg, Austria and Ahorner Holding GmbH, Salzburg, Austria, 
(the 'notifying parties') notified VOLKSWAGEN AKTIENGESELLSCHAFT, 
Wolfsburg, Germany, on September 11, 2013 with reference to their 
notification of changes in voting rights in accordance with 
article 21, section 1 of the WpHG on September 11, 2013 and the 
exceeding of the voting rights threshold of 50%, in accordance with 
article 27a, section 1, sentence 1 of the WpHG of the following:
   
'The exceeding of the voting rights thresholds is due to the initial 
attribution of voting rights (article 22, section 1 no. 1 of the WpHG) 
held by a subsidiary of the notifying parties and not because of a 
purchase of shares.
   
1. Aims underlying the acquisition of the voting rights (Article 27a, 
   Section 1, Sentence 3 of the WpHG)
   
   a) The transaction underlying the attribution of the voting rights 
      does not serve to generate a trading profit for the notifying 
      parties, nor is it designed to implement strategic objectives.
   
   b) The notifying parties do not plan to acquire further voting rights 
      within the next twelve months by means of a purchase or by any 
      other means.
   
   c) The notifying parties do not currently intend to exert an 
      influence on the appointment or removal of members of the 
      issuer's administrative, managing and supervisory bodies.
   
   d) The notifying parties do not intend to bring about a material 
      change in the issuer's capital structure, in particular as regards 
      the ratio between equity financing and debt financing, and the 
      dividend policy.
   
2. Source of the funds used (Article 27a, Section 1, Sentence 4 of the 
   WpHG)

The voting rights were acquired solely by way of the attribution of 
voting rights (article 22, section 1 no. 1 of the WpHG). No equity funds 
or debt funds were used to finance the acquisition of the voting rights.'
   
   
Wolfsburg, September 13, 2013
   
VOLKSWAGEN AKTIENGESELLSCHAFT
The Board of Management
   
   



13.09.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      VOLKSWAGEN AG
              Brieffach 1849
              38436 Wolfsburg
              Germany
Internet:     www.volkswagenag.com/ir
 
End of Announcement                             DGAP News-Service
 
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