The Volkswagen Board of Management Finalizes the Annual Financial Statements

January-December 2002 2001 +/- (%) ---------------------------------------------------------------------- Volkswagen Group (IAS) Deliveries to customers '000 units 4,984 5,080 - 1.9 Production '000 units 5,023 5,108 - 1.7 Workforce 31.12. 324,892 322,070 + 0.9

Sales revenue EUR million 86,948 88,540 - 1.8 Operating profit EUR million 4,761 5,424 - 12.2 Profit before tax EUR million 3,986 4,409 - 9.6 Income tax expense EUR million 1,389 1,483 - 6.3 Profit after tax EUR million 2,597 2,926 - 11.3 Minority interests EUR million - 13 - 11 - 24.6 Net profit attributable to shareholders of Volkswagen AG EUR million 2,584 2,915 - 11.4 Earnings per share (undiluted) - Ordinary share EUR 6.72 7.67 - 12.4 - Preferred share EUR 6.78 7.73 - 12.3

Automotive Division Cash-flows from investing
    activities EUR million 9,121 7,763 + 17.5 Cash-flows from operating
    activities EUR million 8,065 8,036 + 0.4 ---------------------------------------------------------------------- Volkswagen AG (HGB) Profit after tax EUR million 1,036 918 + 12.8 Proposed dividend: Dividend distribution EUR million 505 496 + 1.9 Dividend - per ordinary share EUR 1.30 1.30
    - per preferred share EUR 1.36 1.36 ----------------------------------------------------------------------
    The annual press conference will take place on March 11, 2003 in Dresden and the international investor conference on March 12, 2003 in Wolfsburg. Wolfsburg, February 19, 2003 VOLKSWAGEN AKTIENGESELLSCHAFT - The Board of Management

end of ad-hoc-announcement (c)DGAP 19.02.2003 ----------------------------------------------------------------------