Porsche ends legal dispute with the stock exchange amicably

Both parties appear satisfied with a draw

Stuttgart, 13 June 2008. Porsche Automobil Holding SE, Stuttgart, and the Deutsche Börse have settled their legal dispute over the publication of quarterly reports amicably. Both parties have agreed to declare the proceedings closed and each bear their own costs. As Porsche Automobil Holding SE stock has been included in the new Dax International index, neither party sees any reason to continue the legal dispute. Porsche also believes it is important to maintain a good relationship with the Deutsche Börse. Both the Chairman of the Board of Porsche, Dr. Wendelin Wiedeking, and the Chairman of the Board of the Deutsche Börse AG, Dr. Reto Francioni, appreciated the agreement.

In October 2004, Porsche filed a suit at the Administrative Court in Hesse against the Frankfurt Stock Exchange for demanding quarterly reports from companies to be listed in the Prime Standard. The ruling of the Hesse Administrative Court expressly permitted an appeal to the Federal Administrative Court. Porsche went on to file an appeal last year.

GO