Notification of Major Holdings   1. Details of issuer    
	91̽»¨
  
	Porscheplatz 1
  
	70435 Stuttgart
  
	Germany
  |  
 
  2. Reason for notification   |   |  Acquisition/disposal of shares with voting rights |  
  | X |  Acquisition/disposal of instruments |  
  |   |  Change of breakdown of voting rights |  
  |   |  Other reason:
  |  
 
  
 3. Details of person subject to the notification obligation   | Name: |  City and country of registered office: |  
  |  Mr Dr. Hans Michel  ±Ê¾±Ã«³¦³ó  |     |  
 
   4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3. 
  Familie Porsche Beteiligung GmbH, Porsche Gesellschaft mit beschränkter Haftung, Ahorner GmbH, Auto 2015 Beteiligungs GmbH, HMP Vermögensverwaltung GmbH
  |  
 
  5. Date on which threshold was crossed or reached   6. Total positions   |   |  % of voting rights attached to shares  (total of 7.a.) |  % of voting rights through instruments  (total of 7.b.1 + 7.b.2) |  total of both in %  (7.a. + 7.b.) |  total number of voting rights of issuer |  
  | Resulting situation |  100 % |  14.71 % |  100 % |  153125000 |  
  | Previous notification |  78.63 % |  n/a % |  90 % |  / |  
 
  7. Notified details of the resulting situation  a. Voting rights attached to shares (Sec.s 21, 22 WpHG)   | ISIN |  absolute |  in % |  
  |   |  direct  (Sec. 21 WpHG) |  indirect  (Sec. 22 WpHG) |  direct  (Sec. 21 WpHG) |  indirect  (Sec. 22 WpHG) |  
  | DE000PAH0004 |  0 |  153125000 |  0 % |  100 % |  
  | Total |  153125000 |  100 % |  
 
  b.1. Instruments according to Sec. 25 para. 1 No. 1 WpHG   | Type of instrument |  Expiration or maturity date |  Exercise or conversion period |  Voting rights absolute |  Voting rights in % |  
   |   |   |   |   % |  
  |   |    |  Total |   |   % |  
 
  b.2. Instruments according to Sec. 25 para. 1 No. 2 WpHG   | Type of instrument |  Expiration or maturity date |  Exercise or conversion period |  Cash or physical settlement |  Voting rights absolute |  Voting rights in % |  
  | Conditional purchase agreement |  n/a |  n/a |  Physical |  22525461 |  14.71 % |  
  |   |    |    |  Total |  22525461 |  14.71 % |  
 
  8. Information in relation to the person subject to the notification obligation   |   |  Person subject to the notification obligation is not controlled and does itself not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (1.). |  
  | X |  Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity: |  
 
    | Name |  % of voting rights (if at least held 3% or more) |  % of voting rights through instruments (if at least held 5% or more) |  Total of both (if at least held 5% or more) |  
  | Dr. Hans Michel ±Ê¾±Ã«³¦³ó |    % |    % |    % |  
  | Dr. Hans Michel ±Ê¾±Ã«³¦³ó GmbH |    % |    % |    % |  
  | HMP Vermögensverwaltung GmbH |  100 % |  14.71 % |  100 % |  
 
  9. In case of proxy voting according to Sec. 22 para. 3 WpHG    | Date of general meeting: |   |  
  | Holding position after general meeting: |   % (equals   voting rights) |  
 
  10. Other explanatory remarks: