Club News 2 /08

1. News from Porsche AG Company Annual Balance Sheet 2006/2007: Strong Premiere of the New Porsche SE

percent to 7.368 billion Euros (7.1 bil- lion Euros). “It is the best financial state- ment we could hope for” said Wiede- king, proudly referring to the company result of 5.857 billion Euros. Positive share option business in connection with the commitment contributed 3.593 billion Euros to the result. Porsche spent almost 2.7 billion Euros last year to increase the Volkswagen share from 21.2 to 30.6 percent. This added up to a total investment in Volks- wagen shares of approximately 5.8 bil- lion Euros.

The greatest percentage of sales was The historical significance was unmistakable. Porsche Automobile Holding achieved by the vehicle business. The SE presented itself for the first time on the 28 th of November at the company comparison with the plus in vehicles press conference in . Chairman of the Board Dr. Wendelin Wiede- sold of 0.7 percent to 97,515 vehicles king and his team have reached important goals in the past few months. (96,794) clearly shows that the im- proved product mix has had a positive effect. To make sure things stay that way, no less than eight new models are being launched onto the market in 2008. Porsche boss Wiedeking is ex- Looking up was worth it – even for Dr. number of vehicles sold to approxi- pecting the next great increase in . The Porsche boss mately 30,700 (25,939). The CEO for growth with the start of the Panamera turned round on the podium in the Finance Holger P. Härter is therefore 2009. Elysée conference room of the Le Méri- convinced that this year will also close dien Hotel in Stuttgart to have another with a “very good result”. Relations with the Volkswagen workers satisfied look at the writing on the wall council also interested journalists. behind him. “Porsche SE” was there for “Porsche and Volkswagen must be Wiedeking set a conciliatory note: all to see. The logo documented the among the winners.” “When the time comes for the final passing of important milestones in the Dr. Wendelin Wiedeking move, we want to make peace and take last few months. Porsche Automobile on a joint project which will show us a Holding SE presented itself to journal- The latest figures from North America promising future.” Everybody wins. ists for the first time at the company confirm this. In November, the number “Porsche and Volkswagen do not just press conference. They could hardly of deliveries to customers rose to want to, they must be among the win- have had a better start because 2,776 (last year: 2,723). This repre- ners,” Wiedeking said. But he remained Porsche SE was already able to report sents a growth of two percent. Porsche hard in one matter: “The codetermina- two-figure growth rates in number of ve- therefore beat the respective month’s tion agreement cannot and will not be hicles sold and sales returns at the be- figures of the previous year for the sev- undone. It was signed for ten years.” ginning of the business year 2007/ enth time in succession despite the diffi- 2008. Preliminary figures for the first cult market environment. four months show that sales will in- crease to 2.36 billion Euros (same pe- In the previous business year 2006/ riod last year: 2.06 billion Euros) and the 2007, company sales increased by 3.4 Carrera Edition 12/2007

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Company Investment in the Site: New Paintshop from 2011

Porsche continues to invest heavily cil of July 2005. “We have created the Representatives of the Porsche Build- in the Zuffenhausen site. The com- conditions to ensure that a premium ve- ing Department informed the Commit- pany is building a new paintshop at hicle like the 911 can be produced in tee for Environment and Technology in its headquarter for 200 million Stuttgart,” said the Chairman of the the Stuttgart City Council of the plans Euros. It is planned to go into ope- Board Dr. Wendelin Wiedeking. at the beginning of December. The Zuf- ration in 2011. “This will secure fenhausen District Council was also in- jobs in Zuffenhausen in the long The new paintshop is being built on the formed. Porsche is planning a special term,” Chairman of the Board Dr. former Dürr AG premises. Porsche information event for neighbours in the Wendelin Wiedeking stresses. bought the land in Spring 2007. Build- Neuwirtshaus area in the new year. But ing is to begin in Autumn 2008, the first one thing is already certain: The plant bodies will be painted in 2011. It is will be state-of-the-art and satisfy all le- Porsche relies on Zuffenhausen – and planned to operate the new plant paral- gal requirements. underlines this with its actions. The de- lel to the existing paintshop for a transi- cision to build a new paintshop at the tional period. Carrera Issue 12/2007 site secures jobs and ensures that the growth course continues. The new In order to guarantee a trouble-free pro- building implements an essential part cedure in the future, two more trans- of the location security agreement be- port bridges must be built. One con- tween the Board and the Workers Coun- nects the body shop in Plant 5 with the paintshop. Another bridge transports the raw bodies over the Schwieber- dinger road to assembly. 170 vehicles New building in Zuffenhausen: The a day can be painted in the new plant. computer animation shows the future The paintshop is designed for three- paintshop and the connecting stages shift operation.

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Museum New Porsche Museum: Every millimetre counts for the hovering “Flyer”

One of the most important building phases of the new Porsche Museum in two command centres. A worker is sus- Zuffenhausen has been successfully completed. The steel structure was pended in his harness at each of the 34 lowered in with extraordinary precision. Thanks to the meticulous prepa- presses and turns the adjusting screw ration and the successful co-operation of all those involved, this chal- down ten millimetres with every com- lenge was mastered brilliantly. The interior building is now in full swing. mand. Approximately 6,000 tons of material went into the building of the support structure of the “flyer”. Due to the partly installed concrete ceilings It is a big day at the building site at 60 metres just looks like a “flyer”, has to and other extension loads, the “flyer” Porscheplatz in Zuffenhausen. All those be lowered. The supports are removed involved are very excited but at the and the future exhibition hall put in a same time highly concentrated. Every kind of hovering state. “This process step, every action, every command fol- was extremely exciting,” says Project lows an exact script. Because maxi- Manager Armin Wagner. “The technical mum precision is essential. The body of challenge was unbelievably demand- the museum which, with spans of up to ing.” Everything is co-ordinated from

The museum floats: The steel structure which has been resting on 34 presses was lowered with maxi- mum precision

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has currently reached a weight of The work is proceeding smoothly. The process was complete that “we were 12,000 tons. This is lowered carefully presses covered a total distance of going to get a very positive result.” from the scaffold towers into the steel- 100 millimetres after only half a day. reinforced concrete supports. The Lowering is completed. A perfect land- weight after completion, that is after in- ing. This completes the steel construc- The second part of the intricate work stalling all extension and traffic loads, tion work. “The steel structure and shell was also completed in half a day. The will grow to an incredible 35,000 tons. have been built with very high preci- forces acting on the two distinctive Y- The forces acting on the supports are sion,” says Wagner. It was already clear shaped supports at the front of the measured and set to nominal values. after ten percent of the lowering building have to be set. They are distrib- uted over the downward directed sup- ports by the interaction of horizontal and vertical presses. “This work was Made-to-measure: After the “flyer” had been lowered, just as demanding as the lowering it- the covering work could continue self,” says Wagner. Both measures are very important for the progress of the building. Only then can further work such as the erection of the facade and the installation of the building technol- ogy begin. After covering, the steel structure the exhibition hall is “tight” and is already being heated. This is the prerequisite for the interior construc- tion. Further concrete ceilings are in- stalled, the floors laid and all kinds of tradesmen ensure that the project which experts have called “the most ambitious building project in Europe” is gradually taking shape.

By the end of March the temporarily closed front facing Porscheplatz will be replaced by a glass facade. The escala- tor which visitors will ride from the en- trance hall to the exhibition room is al- ready installed. “We are right on sched- ule,” Wagner confirms. Not only he is looking forward to an extraordinary mu- seum.

Carrera Issue 11/2007

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Retrospective Premieres and Events 2006/2007

Models: The most important presentations

September 2006 RS Spyder: It’s love at first sight for many. Porsche is presenting the RS Spyder at the Paris Automobile Salon. The racing devel- oped in Weissach is an evolution of the sport prototype with which the ameri- can Penske Racing Team is currently experiencing success in the American Le Mans Series.

The Masterpiece: The 911 Turbo Cabriolet has been on the starting 911 GT3 RS: blocks since June 2007 and is an Events: Porsche invites to France for a drive instant success The most important dates presentation of the 911 GT3 RS. The belligerent offspring of the 911 can de- monstrate its qualities particularly im- January 2007 July 2006 pressively in a racing atmosphere at Cayenne: Board the “Le Ceram” test track. “The biggest The year begins with a strong appea- A succession of generations on the Por- compliment for our engineers is when rance. The new Cayenne has caused sche executive: The Supervisory Board racing drivers’ eyes light up in our se- quite a stir at the North American Inter- appoints Klaus Berning and Thomas ries vehicle,” says motorsport boss national Auto Show in Detroit. The se- Edig as new board members. Berning Hartmut Kristen. cond generation of the sporty offroad takes over Sales from Hans Riedel who vehicle impresses with a more powerful left the company of his own accord. and more economical engine. The Di- Edig took over as Head of Personnel Targa 4 and Targa 4S: rect which reduces the and Social Affairs as well as the The two variants of the 911 series are a consumption by up to 15 percent is function of Work Director in May 2007 novelty. The Targa 4 and Targa 4S are used for the first time. The Porsche Dy- from Harro Harmel who went into retire- offered exclusively with a permanent namic Chassis Control has also been ment after 25 years service at Porsche. four-wheel drive and a body which has newly developed. been widened by 44 millimetres at the October 2006 back. The sports , whose di- June 2007 Porsche-Tennis-Grand-Prix: stinctive glass roof has been further de- 911 Turbo Cabriolet: The first tournament in Stuttgart’s Por- veloped, are being presented in Portu- It is an engineering masterpiece for sche Arena sets new standards. Praise gal. An improved 35 millimetre wind many people: The new 911 Turbo Ca- came from all sides. “It was the best break reduces air turbulence inside to a briolet shines at the presentation in tournament of the year by far,” Stacey minimum when driving with the roof Koenigstein with handling properties Allaster, President of the Ladies World down. The roof is one millimetre thinner like a Coupé. From 0 to 100 km/h in Tennis Association praises. The prize and 1.9 kg lighter than the predecessor four seconds, the top speed is 310 car, a 911 Targa 4S, was won by Nadia model. km/h. Petrova (Russia) with a 6:3 and 7:6 vic-

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tory in the final against Tatiana Golovin (France).

November 2006 Factory: The 150,000th Cayenne of the first generation since the factory opened in 2002 runs off the production line. “With this success behind us and with a large portion of optimism, we will produce the new model with just as much moti- vation,” says Siegfried Bülow, CEO of Porsche Leipzig GmbH.

January 2007 Annual General Meeting: The end of an era at the Stuttgart Porsche Arena: Professor Dr. Helmut Sihler headed the Supervisory Board and the German TV station ZDF. The German Founder Prize: Porsche shows for 14 years. He is now retiring at the prizes are awarded in five categories. commitment for the future age of 76. The new Chairman is Dr. To turn the ideas into a lucrative busi- . ness, the nominees and winners re- comes the guests with its own placards ceive training from Porsche Consulting. and refutes the accusations with con- April 2007 vincing arguments such as: “Porsche Topping-out Ceremony: July 2007 accounts for less than 0.1 percent of

The preparations for the production of Greenpeace: CO2 emissions in road traffic. Porsche the Panamera in Leipzig are in full A Premiere is held in Zuffenhausen. has the lowest CO2 emission per h.p.” swing. The topping-out ceremony for Greenpeace demonstrates for the first the production hall and logistics centre time in the history of Porsche. But the Awards is being celebrated on the 12th of April. company is prepared for the visit by the Welcome: Greenpeace as a guest in Porsche is investing 150 million Euros environment activists. Porsche wel- Zuffenhausen in the site.

Congratulations: Pope Benedict XVI. is celebrating his 80th birthday on the 16th of April in Rome. Porsche enables the TV and ra- dio broadcast of the birthday concert given by the Stuttgart Radio Symphony Orchestra.

June 2007 Founder Prize: Porsche gets involved in the German Founder Prize for the first time and awards prizes together with the “stern” magazine, the Sparkasse savings bank

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June 2007 the most attractive automobile in The Most Important J.D. Power: the “Automotive Performance, Execu- Successes Porsche quality impresses – especially tion and Layout (APEAL) Study” poll for the customers. The company defends the third time in succession. January 2007 its pole position of the previous year in Event Award: the study conducted by the J.D. Power Design: Porsche receives the coveted Event market research institute. Porsche The 911 Targa 4 is awarded the “Best Award 2006 for the international dealer therefore remains the best quality auto- of the best” seal of quality by the “red presentation of the 911 Carrera 4 and mobile brand in the USA. One month dot design museum” of the Nordrhein- the Cayman S. Porsche is on the list of later J.D. Power pronounces Porsche Westfalen Design Centre in Essen. The winners for the third time. The company jury praises “creativity, innovative pro- wins silver in the top category of Corpo- duction and high quality”. rate Events. The two different vehicles were presented impressively on a cruise between Majorca and Ibiza.

Calendar: The historical Porsche Calendar “On The Move” offers unusual but excellent interior impressions. The extraordinary calendar won silver in the Advertising and Image Calendar category of the Baden-Wuerttemberg Ministry of the Economy Award.

Award winning: The historical Porsche April 2007 Calendar and the 911 Targa 4 Market Research: Porsche is voted the premium brand with the best reputation for the third time in succession on the most impor- tant sales market, the USA. The study carried out by Luxury Institute Market Research (New York) interviewed more than 1,600 top earners. They rate Porsche vehicles as powerful, very high quality, highly exclusive and elegant.

Poll: Readers of the Off Road magazine vote the Cayenne the most popular offroad vehicle of 2007.

PACE Award: Porsche wins two out of three special prizes at the 13th award of the most important supplier in the USA.

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