40 Events after the balance sheet date

Porsche Automobil Holding SE, Stuttgart and its shareholders, to whom the voting rights in Volkswagen AG are attributable in accordance with section 22(1) sentence 1 no. 1 of the WpHG, notified us in accordance with section 21(1) of the WpHG that their share of the voting rights in Volkswagen AG exceeded the threshold of 50% on January 5, 2009 and amounted to 50.76% at this date. The voting rights attributable to the individuals subject to the disclosure requirement can be seen from the mandatory disclosure by Volkswagen AG on January 12, 2009, which is available online at www.volkswagenag.com/ir

Volkswagen AG expects to acquire from Porsche Automobil Holding SE, Stuttgart, on February 20, 2009 the shares of Scania AB, Södertälje, Sweden, acquired by Porsche Automobil Holding SE under the terms of a mandatory bid procedure (2.34% of the voting rights and 7.93% of the share capital) and thus to increase its interest in Scania to 49.29% of the share capital and 71.81% of the voting rights.

On February 17, 2009, the Sonderfonds Finanzmarktstabilisierung (SoFFin – German Financial Market Stabilization Fund) notified us that Volkswagen Bank GmbH had received a guarantee facility to refinance vehicle loans of up to €2.0 billion.

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