Press Release

June 29, 2007

ElringKlinger AG receives 2007 European Shareholder Value Award in honor of its performance

Dettingen/Erms, June 29, 2007  +++  Automotive supplier ElringKlinger AG has been honored with the 2007 European Shareholder Value Award for its success in achieving the highest total shareholder return value within the European automotive suppliers industry over the last three years.

Covering the three categories European vehicle manufacturers, parts suppliers and retail distributors, the coveted award is presented annually by management consultants PricewaterhouseCoopers and the industry journal Automotive News Europe. The winners are identified on the basis of a company’s share price appreciation, taking into account dividends and share buy-backs.

Award ceremony in Prague
The ceremony in Prague was attended by Karl Schmauder, who – as the member of the ElringKlinger AG management board responsible for OE (Original Equipment) sales and the New Business Areas division – accepted the newly designed award in the shape of a three-dimensional crystal.

"Productivity, the ability to innovate, team spirit throughout the company and, above all, customer satisfaction are essential elements when it comes to achieving a sustainable increase in enterprise value. It is only by embracing these principles that we can also be successful within the capital markets and ensure lasting success for our shareholders," said a delighted Karl Schmauder in response to having yet again been honored with the award. He added: "In order to create value for our customers and shareholders in the years to come, we will be focusing on developing solutions for the three core challenges facing today's automobile industry – the lowering of emission levels, the reduction of fuel consumption and the use of alternative drive concepts."

ElringKlinger receives three-year award for the third time
Featuring a total shareholder return of 209% for the three year period ElringKlinger managed to win the European Shareholder Value Award over the three-year period for the third time. The company had already won the award in the same category in 2004 and 2005. Besides in 2003 ElringKlinger had taken the checkered flag for having achieved the highest shareholder return within the supplier segment over a period of one year.

In the 2006 financial year, the ElringKlinger Group increased sales revenues by 11% to EUR 528.4 million, while consolidated net income after minority interests grew by 36% to EUR 57.8 million. In the same period, the share price rose by 59%.

  

  

ElringKlinger AG
Corporate Communications
Max-Eyth-Straße 2, 72581 Dettingen
Tel: +49 (0)7123-724-640 / 137
Fax: +49 (0)7123-724-641
Email: karl-heinz.app@elringklinger.de
stephan.haas@elringklinger.de

Pictures are available for download at: www.elringklinger.de/press, Reprinting free of charge, file copy requested.