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Long Term Agreement with Scania

2008.03.06

Hanover, March 2008. Scania and Continental have further strengthened their cooperation by establishing a long term agreement for Scania’s global tyre supplies from 2008 to 2010. The contract includes both tyre needs truck and bus and will grow the business in both segments. “Besides the positive evolution of the European business, we have also found entrance to the Brasilian market securing the local tyre production by contracting significant tire volumes from 2008 to 2010,” says Markus Junk, key-account manager for this account.

With targeted annual sales of more than €26.4 billion for 2008, the Continental Corporation is one of the top automotive suppliers worldwide. As a supplier of brake systems, systems and components for the powertrain and chassis, instrumentation, infotainment solutions, vehicle electronics, tyres and technical elastomers, the corporation contributes towards enhanced driving safety and protection of the global climate. Continental is also a competent partner in networked automobile communication. Today, the corporation employs approximately 150,000 people at nearly 200 locations in 36 countries.

The tyre divisions are an Official Sponsor of UEFA EURO 2008TM, which will be held in Austria and Switzerland in June 2008. For further details, visit the websites www.ContiSoccerWorld.de, www.ContiFanWorld.com and www.conti-online.com.

Continental Truck Tyres, Europe

As one of the largest manufacturers of premium tyres for commercial vehicles, Continental carries a broad range of high‑performance products finely tailored to specific application areas for heavy‑duty and light trucks, buses and off‑road vehicles. Continental AG produces truck and bus tyres under the Continental, Uniroyal, Semperit and Barum brand names. In existence since 1978, the ContiBreakdownService is an immediate‑response network of authorised dealerships providing an added margin of safety in the event of tire failure.

The Continental Corporation is a leading supplier of brake systems, chassis components, vehicle electronics, tyres and technical elastomers. Consolidated sales in 2006 amounted to i14.9 billion and employees currently number approximately 85,000 worldwide.

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___________________________________
Contact:
Udo Brandes
Head of Press and PR
Commercial Vehicle Tyres
Continental AG
Büttnerstraße 25
30165 Hanover
Germany
Phone +49511 938-2923
Fax +49511 938-2496
E-Mail: udo.brandes@conti.de

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