Press Conference

January 14th 2009

Dr. Hartmut Wöhler I Jon Ander Garcia I Continental AG2 / Hisham Layali I Emirates for Universal Tyres LLC

Content

History of Continental AG

Mission of Continental AG

Company Structure of Continental AG

Continental in the Middle East

Emirates for Universal Tyres LLC

Group Profile

Company Name Al MasaoodNumber of Employees 2.756Group Turnover in 2006 > 2 Billion US Dollar

The Al Masaood Group represents the collective interests of the Masaood family. The group was established, some fifty years ago, by the late Mohammed Bin Masaood. Over the years, the business has grown from being a small trading house to one of the largest trading and commercial organizations in the United Arab Emirates and the Arab world.

Experience and professionalism is reflected in the management and success of business activities.

Each company is committed to serving both the international business partners and customers, further contributing to the economic development of the country

Dr. Hartmut Wöhler I Jon Ander Garcia I Continental AG3 / Hisham Layali I Emirates for Universal Tyres LLC

Group Profile

Official Partner

Dr. Hartmut Wöhler I Jon Ander Garcia I Continental AG4 / Hisham Layali I Emirates for Universal Tyres LLC

Strategy of Universal Tires for Conti brand in the UEA

Providing exceptional customer service by professional sales and technical teams

Establishing reliable logistics service and infrastructures

Dedicating resources to take care for governmental departments (Armed Forces, Municipalities, police. Airports, Ports…etc)

Continuously reinforcing and expanding the dealer and wholesaler network in State-of-the-art show rooms in the most luxurious locations in Abu Dhabi and Dubai cities by investing in the chain of showrooms and service centers in all main cities of the seven Emirates by training the sales team to maintain high quality sales and technical services to all customers

UAE is a unique and high potential market for Ultra High performance and 4X4 HP Tires.

We want to concentrate into this profitable segment by:

Dr. Hartmut Wöhler I Jon Ander Garcia I Continental AG5 / Hisham Layali I Emirates for Universal Tyres LLC

Investments to achieve the targets

Abu Dhabi Value Euro Dubai Value Euro

Alsalam Showroom (Operational)

280,000.00City Centre Showroom 500,000.00

Sheikh Zayd Road 500,000.00

Cornish Showroom & Service Centre(operational)

161,900.00Sharjah Showroom &

Service Centre 200,000.00

Mussaffah Industrial City Showroom & TT

Service Centre (under construction- open in

August 2008)

285,714.00Fujairah Showroom &

Service Centres 150,000.00

Al-Ain Showroom & Service Centres

120,000.00Ras ElKhima Showroom

& Service Centres 150,000.00

Warehouses 150,000.00 Warehouses 250,000.00

Rent 400,000.00 Rent 700,000.00

Vehicles 120,000.00 Vehicles 120,000.00

Total 1,517,614.00 Total 2,570,000.00

Grand Total   4,087,614.00  

Dr. Hartmut Wöhler I Jon Ander Garcia I Continental AG6 / Hisham Layali I Emirates for Universal Tyres LLC

Investments to achieve the targets Dubai Showroom

Dr. Hartmut Wöhler I Jon Ander Garcia I Continental AG7 / Hisham Layali I Emirates for Universal Tyres LLC

Investments to achieve the targetsDubai Showroom

Dr. Hartmut Wöhler I Jon Ander Garcia I Continental AG8 / Hisham Layali I Emirates for Universal Tyres LLC