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Thomas Lamperstorfer new Managing Director of Porsche SwitzerlandChristian Muschal has to resign for health reasons

Stuttgart. On May 1, 2008 Thomas Lamperstorfer (42) is taking on the management of Porsche Switzerland, a one hundred per cent subsidiary of Dr. Ing. h.c. F. Porsche AG, Stuttgart. Lamperstorfer has fulfilled various managerial functions at Porsche AG over the past 15 years. Most recently he has been responsible for works car sales and the vehicle fleet.

Christian Muschal had been working successfully on building up the Swiss subsidiary since Porsche Switzerland was founded in August 2007. He has to give up the position of managing director for health reasons. Muschal will now be undertaking special projects at
Porsche AG in sales and marketing.

From June 1, 2008 Porsche Switzerland will take over from AMAG Automobil- und Motoren AG the import and sale of Porsche vehicles, spare parts and accessories. However, AMAG will continue to be an important trading partner for Porsche. The new subsidiary, with its head office in Zug, will initially look after twelve Porsche Centers.

GO

2/29/2008