Daimler Creates New Position of Chief Compliance Officer

- Gerd T. Becht appointed to fill this new role as CCO and General Council

STUTTGART, Germany, Feb. 18 /PRNewswire-FirstCall/ — Daimler AG (stock
abbreviation DAI) today announced that it has established the position of
Chief Compliance Officer, representing another major step in strengthening
its standards for business processes, internal controls and corporate
governance.

This newly created position, which is at the Senior Vice President
level directly under that of the Board of Management, will be assumed by
Gerd T. Becht, effective March 1, 2008. Mr. Becht, 56, joined Daimler on
June 1, 2006 from GM Europe. He has served since then as a Vice President
heading the Company’s Legal Department. The Chief Compliance Officer role
is being added to his current responsibilities.

Daimler has built and expanded its Compliance Organization over the
years. Today, the Compliance Organization Mr. Becht will lead comprises 48
employees at the corporate level in addition to 44 compliance officers in
various local operations of the Company worldwide. The Compliance
Organization is responsible for establishing and enforcing programs and
internal controls that facilitate compliance with Daimler’s Integrity Code,
internal policies and procedures, as well as legal and regulatory
requirements. And it is ensuring that all of its employees understand the
ethical and legal principles they must adhere to in all of their business
activities.

Over the past years, Daimler has strengthened its Compliance
Organization and business conduct guidelines. This has included putting in
place new specific policies and guidelines throughout the Company,
significant world- wide training and communication, introduction and
embedding of comprehensive compliance programs and internal controls,
greater screening and monitoring for compliance, and the creation of a
consultation desk. In addition, there is greater accountability for
compliance across the organization, from compliance-specific targets in all
relevant incentive compensation arrangements to a zero tolerance policy for
misconduct.

The Chief Compliance Officer, an established position within US
companies, will be responsible for informing the Board of Management, the
Compliance Committee and the Audit Committee of the Supervisory Board on a
regular basis of the current state of the Company’s compliance activities.
Organizationally, the division reports to the Chairman of the Board.

Further information from Daimler is available on the internet at:
http://www.media.daimler.com

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 largest
manufacturer of commercial vehicles in the world. 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 1886. 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, Maybach, Freightliner, Sterling,
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 2007, the Group sold 2.1
million vehicles and employed a workforce of over 270,000 people; revenue
totaled euro 99.4 billion and EBIT amounted to euro 8.7 billion. Daimler is
an automotive Group with a commitment to excellence, and aims to achieve
sustainable growth and industry-leading profitability.

SOURCE Daimler AG