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Dr. Lutz Mieschke steps down from MHP Executive BoardCo-founder of company eleven years ago – future partner and strategic adviser

Freiberg am Neckar. Dr. Lutz Mieschke (42), co-founder and executive director of Mieschke Hofmann und Partner (MHP), the process and IT consultancy headquartered in Freiberg am Neckar, will step down from involvement in the company’s day-to-day operations with effect from August 1, 2007. He will however remain associated with the company, in which Dr. Ing. h.c. F. Porsche AG has a 74.8 percent holding, as partner and strategic adviser. In future, Dr. Ralf Hofmann (44) will act as MHP’s sole executive director.

Dr. Lutz Mieschke co-founded the company with Dr. Hofmann in 1996. In only eleven years, the two built MHP into the German automotive industry’s leading process and IT consultancy. In fiscal year 2006/07 (July 31), MHP generated record revenue of more than 46 million Euros (previous year: 39.2 million Euros) with a workforce of 370. According to a survey by market research company Lünendonk GmbH, Bad Wörishofen, MHP is now one of Germany’s top 25 IT consultancies.

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Please note: Photographic images of Dr. Lutz Mieschke and Dr. Ralf Hofmann are available to accredited journalists in Porsche’s press database for downloading at the internet address http://presse.porsche.de/.

8/1/2007