euro adhoc: Bayerische Motoren Werke Aktiengesellschaft / Financial Figures/Balance Sheet / BMW AG increases risk provision - outlook for financial year 2008 confirmed (E)

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24.04.2008

Ad-hoc information pursuant to § 15 WpHG (Securities Trading Act)

BMW AG increases risk provision - outlook for financial year 2008 confirmed

The Board of Management of BMW AG decided at the board meeting held today to
increase the amount of risk provision recognised in the first quarter of the
financial year 2008 in the light of the repercussions of the international
financial crisis. The financial crisis has become more severe of late. This has
resulted in a drop in pre-owned car selling prices, particularly in North
America, and consequently in a reduction of revenues that can be generated on
vehicles at the end of lease contracts. This downward trend accelerated during
the month of March. For the above reasons, it was necessary to recognise a
higher risk provision for lease vehicles on the one hand and for the increased
level of bad debts/payment arrears on the other. In total, an expense of euro
236 million was recognised.

Given its strong operating performance and the benefits of on-going efficiency
improvements, the BMW Group confirms its outlook for the financial year 2008:
Excluding the exceptional gain on the Rolls-Royce exchangeable bond recognised
in 2007, the BMW Group aims to achieve higher pre-tax group earnings in 2008
than one year earlier. Further details regarding business development in the
first quarter will be published on 29 April 2008.

Further inquiry note:

Marc Hassinger
Tel.: +49 (0) 89 382 23362
E-Mail: Marc.Hassinger@bmw.de

Bill McAndrews
Tel.: +49 (0) 89 382 22332
E-Mail: Bill.McAndrews@bmw.de

Further inquiry note:
Susanne Meis
Tel.: +49(0)89 382 33005
E-Mail: susanne.meis@bmw.de

end of announcement euro adhoc
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emitter: Bayerische Motoren Werke Aktiengesellschaft
Petuelring 130
D-80788 München
phone: +49(0)89 382 0
FAX: +49(0)89 382 10881
mail: ir@bmwgroup.com
WWW: http://www.bmwgroup.com
sector: Automotive Equipment
ISIN: DE0005190003, DE0005190037
indexes: DAX, CDAX, HDAX, Prime All Share
stockmarkets: Hauptsegment: SWX Swiss Exchange, regulated dealing/prime
standard: Börse Frankfurt, regulated dealing: Börse Berlin, Börse
Hamburg, Börse Stuttgart, Börse Düsseldorf, Börse Hannover, Börse
München
language: English

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