Date: 2013-08-01

Schaeffler Files Merger Notification with EU Authorities

* Schaeffler aims for rapid implementation of Continental AG takeover
* Schaeffler/Continental merger creates leading global automotive supplier

In the merger clearance proceedings concerning the takeover of Continental AG, Hanover, the Herzogenaurach-based Schaeffler Group has received the go-ahead from the EU Commission for formally filing the merger notification. Schaeffler Group will submit the documents (Form CO) required for initiating a merger clearance examination today.

"We will implement our strategy according to plan and conclude the takeover after approval from the EU Commission,

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