DaimlerChrysler Issues Clarification

STUTTGART, Germany and NEW YORK, Oct. 28, 2004 -- In response to inquiries and requests for clarification, DaimlerChrysler said it believes there is no merit to the lawsuit or the earlier claim by the self- described 'whistleblower' that he was improperly terminated. The Company said it also believes as stated earlier the terminated employee is 'not happy to have left the company.' The Company emphasized, however, its definitive, official position concerning the SEC's formal investigation is that it has no comment except to say the Company is cooperating with the SEC.

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