Daimler Trucks to increase stake in Russian truck manufacturer KAMAZ with planned support of the European Bank for Reconstruction & Development

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1 Daimler Trucks to increase stake in Russian truck manufacturer KAMAZ with planned support of the European Bank for Reconstruction & Development Daimler Trucks expands its local presence in Russia Investor Relations Release Date: February 11, 2010 Daimler Trucks and KAMAZ have implemented initial projects as part of their strategic partnership and are about to begin producing and selling trucks in Russia in the first quarter 2010 European Bank for Reconstruction and Development (EBRD) is also proposing to become a KAMAZ shareholder Stuttgart/Moscow Daimler AG and Russia s leading investment bank Troika Dialog have signed a memorandum of understanding (MoU) regarding the strengthening of Daimler s role in the Russian truck manufacturer KAMAZ, through the acquisition of five percent of the KAMAZ shares held by Troika Dialog. Under this plan, Daimler AG and the EBRD, are in negotiations to acquire this stake in KAMAZ owned by Troika Dialog. The acquisitions would be made in parallel and closely coordinated. Daimler AG will initially increase its holding in KAMAZ by one percent to 11 percent. The remaining four percent of the deal would be bought by the EBRD. As a result of this transaction, the EBRD would obtain representation on the KAMAZ Board of Directors. Daimler AG has a seat on the KAMAZ Board of Directors since The parties to the contract have agreed not to disclose the price at which the five percent stake will be purchased from Troika Dialog.

2 Daimler Trucks began a strategic partnership with KAMAZ, Russian Technologies and Troika Dialog in December 2008, when Daimler acquired a 10 percent stake in KAMAZ. Page 2 The planned increase of our stakes in KAMAZ is strengthening the strategic partnership of Daimler Trucks at KAMAZ, says Andreas Renschler, Daimler Board of Management member responsible for Daimler Trucks and Daimler Buses. This is not only a strategically important step for Daimler Trucks, especially under the currently difficult economic conditions it also sends a clear signal. The strategic partnership with KAMAZ and the projects that have already been completed have set a further milestone toward opening up the Russian market with its promising growth opportunities. It will allow us to further expand Daimler Trucks global presence. Sergei Kogogin, General Director of KAMAZ, adds: The increase of Daimler Trucks in the strategic partnership with KAMAZ demonstrates that our co-operation is on the right course and is making KAMAZ to an internationally competitive company. According to Ruben Vardanian, Chairman and CEO of Troika Dialog, As the financial investor Troika Dialog is very pleased to contribute the development of this partnership, which commenced at the beginning of the global recession and has produced results in such short time, leading to today s broadening of its financial and technological parameters. KAMAZ chose a very reliable partner in Daimler, which should be commended for its commitment to and confidence in this partnership and its strategy, as well as in the Russian auto market in general. Troika Dialog will continue to support the partnership in the future.

3 This agreement carries strategic significance for Russia and the Russian auto sector. It also speaks to a great deal of trust in Russia s machinery industry and its overall economy, as well as the readiness of Western companies to invest in the Russian Federation, said Sergey Chemezov, General Director at Rostechnologii State Corporation and Chairman of the Board of Directors of OJSC KAMAZ. Page 3 Daimler Trucks and KAMAZ are making very good progress in the implementation of joint projects In November 2009, Daimler Trucks and KAMAZ signed agreements for the establishment of two joint ventures. Daimler AG and KAMAZ each will own 50 percent of the first joint venture Fuso KAMAZ Trucks Rus, which is beginning to import semiknocked-down (SKD) assembly kits of Fuso trucks from Japan in the first quarter of The trucks will be manufactured in Naberezhnye Chelny, where KAMAZ has its truck plant; the new company s sales headquarter is in Kazan. Daimler AG and KAMAZ each also will own 50 percent of the second joint venture, Mercedes-Benz Trucks Vostok, which will initially build the heavy-duty Mercedes-Benz Actros and Axor trucks in SKD assembly also located in Naberezhnye Chelny. The sales headquarters for Mercedes- Benz Trucks and Buses as well as Setra Coaches in Russia will remain in Moscow. Truck production is scheduled to commence in the second quarter of 2010, while the sales operations already began in January 2010 via the new company Mercedes-Benz Trucks Vostok.

4 This document contains forward-looking statements that reflect our current views about future events. The words anticipate, assume, believe, estimate, expect, intend, may, plan, project, should and similar expressions are used to identify forwardlooking statements. These statements are subject to many risks and uncertainties, including a lack of improvement or a further deterioration of global economic conditions; a continuation or worsening of the turmoil in the credit and financial markets, which could result in ongoing high borrowing costs or limit our funding flexibility; changes in currency exchange rates and interest rates; the introduction of competing, fuel efficient products and the possible lack of acceptance of our products or services which may limit our ability to adequately utilize our production capacities or raise prices; price increases in fuel, raw materials, and precious metals; disruption of production due to shortages of materials, labor strikes, or supplier insolvencies; a further decline in resale prices of used vehicles; the effective implementation of cost reduction and efficiency optimization programs at all of our segments, including the repositioning of our truck activities in the NAFTA region and in Asia; the business outlook of companies in which we hold an equity interest, most notably EADS; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending governmental investigations and the outcome of pending or threatened future legal proceedings; and other risks and uncertainties, some of which we describe under the heading Risk Report in Daimler`s most recent Annual Report and under the headings Risk Factors and Legal Proceedings in Daimler`s most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission. If any of these risks and uncertainties materialize, or if the assumptions underlying any of our forward-looking statements prove incorrect, then our actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made. Page 4 About Daimler Daimler AG, Stuttgart, with its businesses Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, Mercedes-Benz Vans and Daimler Buses, is a globally leading producer of premium passenger cars and the global market leader of heavy- and medium-duty trucks as well as buses. The Daimler Financial Services division has a broad offering of financial services, including vehicle financing, leasing, insurance and fleet management. Daimler sells its products in nearly all the countries of the world and has production facilities on five continents. The company s founders, Gottlieb Daimler and Carl Benz, continued to make automotive history following their invention of the automobile in As an automotive pioneer, Daimler and its employees willingly accept an obligation to act responsibly towards society and the environment and to shape the future of safe and sustainable mobility with groundbreaking technologies and high-quality products. The current brand portfolio includes the world s most valuable automobile brand, Mercedes-Benz, as well as smart, AMG, Maybach, Freightliner, Western Star, Mitsubishi Fuso, Setra, Orion and Thomas Built Buses. The company is listed on the stock exchanges in Frankfurt, New York and Stuttgart (stock exchange abbreviation DAI). In 2008, the Group sold 2.1 million vehicles and employed a workforce of over 270,000 people; revenue totaled 95.9 billion and EBIT amounted to 2.7 billion. Daimler is an automotive Group with a commitment to excellence, and aims to achieve sustainable growth and industry-leading profitability.

5 About KAMAZ KAMAZ Inc. is the leader of the Russian market, and it ranks 11th among the largest heavyduty trucks producers in the world. KAMAZ vehicles are used in more than 80 countries. Ten years running ( ) KAMAZ Inc. has become the best Russian exporter in the sphere of machine building. KAMAZ Inc. is the company widely integrated into the world automobile business. Four joint ventures were set up with the participation of the leading foreign producers of vehicle components: ZF KAMA (gearboxes), CUMMINS KAMA (engines), KNORR-BREMSE KAMA (brake systems), and Federal Mogul Naberezhnye Chelny (details of a cylinder-and-piston group). KAMAZ Inc. is the winner of a national prize Company-2009 in the sphere of automobile industry. Page 5 About Troika Dialog Founded in 1991, Troika Dialog Group is the leading independent full service investment bank and asset management firm in Russia. The Group s business consists of securities sales and trading, investment banking, private wealth and asset management, retail distribution and alternative investment. Troika Dialog s operations are located in 23 cities across Russia plus offices in London, New York, Kyiv, Almaty and Nicosia. About Russian Technologies State Corporation Russian Technologies State Corporation was founded in 2007 pursuant to the Federal Law of the Russian Federation. The Corporation is designed to assist Russian organizationsdevelopers and manufacturers of high technology industrial products in their development, production and exports by providing support in domestic and foreign markets and attracting investments to different industries including defense industrial complex. Further Investor Relations information on Daimler is available on the Internet via and on handhelds via If you have any questions, please contact our Investor Relations Team: Dr. Michael Mühlbayer Bjoern Scheib Tel. +49/ Tel. +49/ Fax +49/ Fax +49/ Michael.Muehlbayer@daimler.com Bjoern.Scheib@daimler.com Lutz Deus Alexander Vollmer Tel. +49/ Tel. +49/ Fax +49/ Fax +49/ Lutz.Deus@daimler.com Alexander.Vollmer@daimler.com