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Continental Supervisory Board Extends Dr. Karl-Thomas Neumann's Contract by Five Years


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Hanover - December 11, 2008: The Supervisory Board of Continental AG extended the contract of Dr. Karl-Thomas Neumann, Executive Board chairman and head of the Automotive Group, by five years on Wednesday in Hanover. Dr. Neumann has been a member of Continental's Executive Board since October 2004 and the chairman of the Executive Board of Continental AG since September 1, 2008.

Dr. Neumann, who holds a doctor's degree in electrical engineering, joined Volkswagen AG in Wolfsburg in 1999 after working at the Fraunhofer Institute for Integrated Circuits and Sys¬tems, Duisburg (1989-1993) and at Motorola GmbH (1993-1999) in Munich and Austin, Texas. There, he headed electronics research and the corporate-wide electronics strategy, as well as other areas.