Go directly to
      Graphic Ad-hoc
      December 18, 2008

      Continental AG:Change Rating Moody's

      Continental AG / MiscellaneousRelease 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.----------------------------------------------------------------------Moody’s Investors Service informed us today that it has downgraded to Ba1from Baa3 the senior unsecured long term ratings and to No Prime fromPrime-3 the short term ratings of Continental AG and its subsidiaries. Atthe same time Moody’s assigned a Ba1 Corporate Family Rating. Thisconcludes according to Moody’s the review of the grading for Continental.The outlook on the ratings is negative.18.12.2008 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, Stuttgart, Hamburg, Luxembourg; Freiverkehr in Berlin, Düsseldorf, München; Terminbörse EUREX; Foreign Exchange(s) SWX End of News DGAP News-Service ---------------------------------------------------------------------------