Dividend yield

Based on the dividend proposal for the reporting period, the dividend yield on Volkswagen ordinary shares is 0.8%. The dividend yield on preferred shares is 5.2%. Details of the current dividend proposal can be found in the chapter entitled Volkswagen AG (condensed, according to German Commercial Code).

Earnings per share

Basic earnings per ordinary share were €11.92 in 2008 (2007: €10.43). In accordance with IAS 33, the calculation is based on the average number of ordinary shares outstanding in the fiscal year (see also note 11 to the Volkswagen Consolidated Financial Statements).