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      August 23, 2008

      Continental AG: Supervisory Board appoints Dr. Karl-Thomas Neumann as new Chairman of the Executive Board of Continental AG; Dr. Alan Hippe appointed Deputy Chairman of the Executive Board

      Continental AG / Change of PersonnelRelease of an Ad hoc announcement according to § 15 WpHG, transmitted byDGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------Hanover, August 23, 2008. The Supervisory Board of Continental AG made aforward-looking personnel decision on Saturday in Hanover. EffectiveSeptember 1, Dr. Karl-Thomas Neumann (47) has been appointed as newchairman of the Executive Board. He has been a member of the ContinentalExecutive Board since October 2005 and is succeeding Manfred Wennemer (60),whose request to be granted early release from his mandate effective August31, 2008, was accepted by the Supervisory Board.Member of the Executive Board Dr. Alan Hippe was appointed Deputy Chairmanof the Executive board at the same time. He is responsible for thePassenger and Light Truck Tires division and CFO of Continental AG. Inaddition, as of October 1 he will receive responsibility of the ContiTechdivision from Gerhard Lerch (65) who is retiring.23.08.2008 Financial News transmitted by DGAP---------------------------------------------------------------------- Language: EnglishIssuer: Continental AG Vahrenwalder Straße 9 30165 Hannover DeutschlandPhone: +49 (0)511 938-1068Fax: +49 (0)511 938-1080E-mail: ir@conti.deInternet: www.conti.deISIN: DE0005439004WKN: 543900Indices: DAXListed: Regulierter Markt in Frankfurt (Prime Standard), Hannover, Hamburg, Luxembourg, Stuttgart; Freiverkehr in Berlin, München, Düsseldorf; Terminbörse EUREX; Foreign Exchange(s) SWX, Wien End of News DGAP News-Service ---------------------------------------------------------------------------