PRESSEMITTEILUNGEN

(pressebox) München, 03.04.2009, MAN AG is preparing the Company’s change of legal form to a Societas Europaea (SE – European stock corporation). The Executive Board will propose the new legal form to stockholders at today’s Annual General Meeting along with the name MAN SE. MAN aims to better integrate its global activities in the future by adopting this European concept. International employee representatives will represent the European sites on the Supervisory Board, thus reflecting the multinational diversity of the workforce more closely. At the same time, the Supervisory Board is set to be reduced from 20 members to 16. The employee representatives have already been consulted about the changes.

The MAN Group’s individual business areas are expected to perform very differently in 2009. Since the truck market is still weak, MAN will be systematically cutting costs. It aims to save around ?500 million. By contrast, the Diesel Engines, Turbo Machinery and RENK businesses still have more stable order backlogs and will therefore deliver high revenues and earnings again in 2009. "This stabilizes the entire MAN Group and means that we are in a better position overall than many other industrial concerns," said CEO Håkan Samuelsson. As a Company with high value added, low debt and strong capital resources, MAN also has sound finances and is not directly affected by credit restrictions.

In his speech, CEO Håkan Samuelsson referred to the good use that MAN had made of the successful years in order to also prepare itself for more difficult times. "The success of the last few years has shown that we were right to focus our structure on Diesel Engines, Turbo Machinery and RENK alongside Commercial Vehicles," he said.

A dividend of ?2 per share will be proposed to MAN’s stockholders at the Annual General Meeting. The continued uncertainty on the markets requires a strong balance sheet and the proposal takes this into account. Based on the closing price at the end of 2008, distribution of this amount corresponds to a dividend yield of 5.2%.Über MAN Aktiengesellschaft

The MAN Group is one of Europe’s leading industrial players in transport-related engineering, with revenue of approximately ?15 billion in 2008. As a supplier of trucks, buses, diesel engines, turbo machinery, and special gear systems, MAN employs approximately 51,300 people worldwide. Its business areas hold leading positions in their respective markets. MAN AG, Munich, is listed in the DAX (German Stock Index), which comprises Germany’s thirty leading stock corporations.

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