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WestLB Temporarily Holds 14% of DaimlerChrysler's Equity for Trading Purposes


April 2007
 Filed under: DAIMLERCHRYSLER CORPORATE Car News | DAIMLERCHRYSLER CORPORATE Headlines
STUTTGART, Germany, April 12 /PRNewswire-FirstCall/ -- WestLB AG of Dusseldorf, a German bank, has informed DaimlerChrysler AG (stock-exchange abbreviation DCX) that on April 4, 2007, the volume of DaimlerChrysler shares that it holds for trading purposes exceeded the thresholds of 3%, 5% and 10% of the voting rights in DaimlerChrysler AG (ISIN DE0007100000) and that it currently holds an equity interest of 14.006% (144,172,765 shares).

WestLB has sent a letter to notify the German Financial Services Authority (Bundesanstalt fur Finanzdienstleistungsaufsicht) of these changes.

According to the information provided by WestLB, these are purely financial transactions, which are completely hedged with futures. The number of DaimlerChrysler shares held by WestLB is to be reduced again to well below 3% after capital stock in the foreseeable future. The transactions therefore do not result in any shift in DaimlerChrysler shareholders structure.

Further information from DaimlerChrysler is available on the internet at: www.daimlerchrysler.com

Source: DaimlerChrysler AG

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