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Statement From DaimlerChrysler Regarding Speculation on the Potential Sale of Chrysler Group


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AUBURN HILLS, Mich., STUTTGART, Germany, Oct. 25, 2006 -- Statement attributable to Hartmut Schick, Senior Vice President - Corporate Communications, DaimlerChrysler AG:

DaimlerChrysler reaffirms its previous statements made to the media that there are no plans to sell Chrysler Group. During today's third-quarter earnings analyst/media conference call, the company appropriately chose not to add to the speculation regarding this topic. However, the resulting coverage and comments made it clear that this "not-for-sale" statement needed to be reaffirmed.