July - September

Dr. Siegmund Rudigier leaves Porsche Lizenz- und HandelsgesellschaftDifferences of opinion regarding future strategic orientation

Stuttgart/Bietigheim-Bissingen. Dr. Siegmund Rudigier (40), Managing Director of Porsche Lizenz- und Handelsgesellschaft mbH & Co. KG (PLH), Bietigheim-Bissingen, has left the company due to differences of opinion regarding future strategic orientation.

Dr. Siegmund Rudigier took over responsibility for PLH in November 2003, which bundles the sales activities of Dr. Ing. h.c. F. Porsche AG and FaPo Beteiligungen GmbH, Stuttgart, relating to accessories, clothing and sports equipment and their design and licensing business. The brands Porsche Design and Porsche Design Driver’s Selection and the Porsche Design-Studio in Zell am See, Austria, have belonged to PLH since then. Porsche AG holds 65% of shares in PLH, the remaining 35% is held by FaPo Beteiligungen GmbH.

Roland Heiler (48), Managing Director of Porsche Design-Studio GmbH in Zell am See, will be responsible for PLH until further notice.

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19.07.2006