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Robert G. Liberatore Retires from Daimler


PHOTO

Group Senior Vice President and Head of Global External Affairs and Public Policy to leave end of the first quarter 2008

STUTTGART, Germany and WASHINGTON, March 19 -- Daimler AG today announced the retirement of Robert G. Liberatore, Group Sen- ior Vice President and Head of Global External Affairs and Public Policy. He (59) will retire from the company at the end of the first quarter. Liberatore is responsible for relations with governments and societies around the world and reports to the Daimler CEO Dieter Zetsche. He will join the German Mar- shall Fund as a Senior Transatlantic Fellow.

Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: "I thank Rob Liberatore for his professional and loyal support over the years. He will be difficult to replace. Rob Liberatore combines an understanding of the priorities of government officials with a sophisticated knowledge of our business. He represented our company with integrity, and led our involvement in a broad array of socially responsible activities. Rob is a trusted adviser, and friend, and I wish him continued success in the next chapter of his career".

Liberatore said: "After 23 years in the auto industry, ten of which were spent working for this great company, it is time to explore other challenges, especially in the not-for-profit sector. I have spent much of the last ten years focused on the transatlantic relationship which will remain a keen interest. I have had the most interesting job possible working at the global intersection of business and government at Chrysler, DaimlerChrysler and Daimler AG. And I thank Dieter Zetsche for his great support", Liberatore said.

Liberatore started his career with Chase Manhattan Bank, worked in the United States Senate for ten years including serving as Staff Director for then Minority Leader Robert C. Byrd, and began work with Chrysler Corporation in 1985.

His successor will be announced at a later date. Dieter Spoeri, Corporate Representative in the Berlin Office of Daimler and a former member of the German Parliament, the Bundestag, and a former Baden-Wuerttemberg Economic Minister, will lead the External Affairs and Public Policy Department until a successor to Mr. Liberatore is in place.

CVs and photos Robert G. Liberatore can be found at http://media.daimler.com/ms/80319_e

Further information on Daimler is available on the Internet at 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, AMG, 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.