DaimlerChrysler Supervisory Board Elects Dr. Manfred Bischoff as its New Chairman

BERLIN, April 4 /PRNewswire-FirstCall/ -- Following today's Annual Meeting, the Supervisory Board of DaimlerChrysler AG elected Dr. Manfred Bischoff, Chairman of the Board of Directors of the European Aeronautic Defence and Space Company (EADS), as its new Chairman with immediate effect. Bischoff succeeds Hilmar Kopper, who was a member of the Supervisory Board for 17 years. The former chairman of the Supervisory Board of Deutsche Bank AG was elected as a member of the Supervisory Board of Daimler-Benz AG on January 4, 1990, and on March 7 of that year, the Supervisory Board elected him as its Chairman.

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Previously, the Annual Meeting of DaimlerChrysler AG elected Prof. Dr. Clemens Borsig, Chairman of the Supervisory Board of Deutsche Bank AG, as a new member of the Supervisory Board replacing Hilmar Kopper. Clemens Borsig's period of office lasts until the end of the Annual Meeting in 2012.

In addition, Manfred Bischoff was elected as the new Chairman of the Presidential Committee and succeeds Hilmar Kopper also in this position. The new member of the Presidential Committee is Dr. rer. pol. Manfred Schneider, Chairman of the Supervisory Board of Bayer AG.

New Supervisory Board member Clemens Borsig succeeds Hilmar Kopper as a member of the Audit Committee. The Chairman of the Audit Committee is still Bernhard Walter, former chairman of the Board of Management of Dresdner Bank AG.

DaimlerChrysler's shareholders also approved the distribution of a dividend for 2006 of $2.002 per share. The total dividend distribution amounts to $2,058 million. The item of the agenda "Allocation of Unappropriated Profit" was approved with 99.81% of the votes cast.

The members of the Board of Management were ratified with percentages ranging from 97.06 to 97.07 percent; the members of the Supervisory Board were ratified with percentages ranging from 96.07 to 96.22 percent. The additional items of the agenda submitted by shareholders were only approved with a maximum of 5.20 percent of the votes cast and therefore rejected.

Approximately 7,900 shareholders attended the Annual Meeting at the Berlin Messe exhibition center (prior year: 8,100). 39.19% of the shareholders' voting rights were represented at the Annual Meeting.

On April 5, 2007, the dividend will be paid out to those shareholders who held shares on April 4, 2007.

The curriculum vitae and photographs of the Supervisory Board members can be found at: http://www.daimlerchrysler.com/supervisoryboard.

Further information about DaimlerChrysler is available on the Internet at: http://www.media.daimlerchrysler.com/.