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      July 14, 2008

      Continental AG confirms first conversation about possible Investment by Schaeffler-Group in Continental AG

      Continental AG / StatementRelease 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, July 14, 2008. Continental AG confirms that one brief conversationabout a possible engagement by Schaeffler-Group in Continental AG tookplace at the end of last week. No further conversations took place. As soonas Schaeffler-Group has substantiated its plans, the management board ofContinental AG will evaluate these and communicate its views in due course.14.07.2008 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 Berlin, Frankfurt (Prime Standard), Hannover, Hamburg, Luxembourg, Stuttgart; Freiverkehr in München, Düsseldorf; Terminbörse EUREX; Foreign Exchange(s) SWX, Wien End of News DGAP News-Service ---------------------------------------------------------------------------