DaimlerChrysler Bond Managed Exclusively by Minority Investment Banks

* Two prominent African-American investment banks lead bond offering * Seven co-managed firms include African-American, Hispanic and female- owned investment banks

AUBURN HILLS, Mich., Nov. 15 -- DaimlerChrysler AG today announced its first-ever bond offering managed and co-managed exclusively by minority-owned investment banks. The $300 million medium-term note offering, due November 2006, is being led by two African-American owned firms: Chicago-based Loop Capital Markets, LLC and New York-based The Williams Capital Group, L.P.

The issuance is part of the company's routine financing and the proceeds that will be used by DaimlerChrysler Services North America to help finance dealers and retail sales.

"We are particularly pleased with this transaction because these minority- owned investment banks are providing money at a cost just as competitive as traditional banks while finding new investors for DaimlerChrysler bonds," said Klaus Entenmann, Vice President - Chrysler Financial. "We see this bond deal as an extension of our continuous commitment to minority suppliers, which reaches beyond the manufacturing and automotive components."

In addition to the two lead managers, the syndicate was comprised of seven minority-owned co-managers, representing African-American, Hispanic, and female-owned investment banks.

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