Central European Field TripGyőr, June 8, 2006

AUDI HUNGARIA MOTOR Kft.Dr. Johannes RoscheckChief Financial Officer

Key Figures of the Audi Group

The Audi Group

1885 1899 1907 1909Wanderer Horch DKW Audi

1873NSU

1960NSU

Motorenwerke AG

1969 AUDI NSU AUTO UNION AG

1985 AUDI AG

1932 AUTO UNION AG

1949 AUTO UNION GmbH

The history of the “four rings”

The Audi GroupConsolidated companies (31.12.2005)

2003

2000 ►AUTOGERMA S.p.A.

2002►AUDI SENNA Ltda.

►Lamborghini Group►AUDI DO BRASIL E CIA.

1999

►AUDI HUNGARIA MOTOR Kft.1994

2004►Audi Zentrum Stuttgart GmbH & Co. KG (at equity)

►Audi Vertriebsbetreuungsges. mbH►Audi Japan K.K.►FAW-Volkswagen Automotive Company, Ltd. (at equity)►Audi Australia Pty. Ltd.►Audi Synko GmbH►Audi Zentrum Hannover GmbH►YANASE Audi Sales Company Ltd. (at equity)

►Audi Volkswagen Middle East FZE►Audi Volkswagen Korea Ltd. 2005

►quattro GmbH

AUDI AGIngolstadt

Neckarsulm

Audi Hungaria Győr

Audi do BrasilCuritiba

FAW-Volkswagen Changchun

LamborghiniGroupSant‘AgataBolognese

The Audi GroupProduction facilities

The Audi Group

492546

600 635

920991 996 1,0451,004 972

0

200

400

600

800

1.000

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

Veh

icle

sal

es[th

ousa

nd v

ehic

les]

,

Vehicle sales

The Audi Group

492 546 600 635

920 991 996 1,0451,004 972

26.624.5

23.422.622.020.0

15.113.9

11.59.6

0

200

400

600

800

1.000

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

Veh

icle

sal

es[th

ousa

nd v

ehic

les]

,

Vehicle sales and revenue

Rev

enue

[EU

R b

illio

n]

The Audi Group

Key figures

2005

Revenue [EUR million] 26,591

Operating result [EUR million] 1,417

Profit before tax [EUR million] 1,310

Cash flow from operating activities [EUR million] 3,252

Investing activities [EUR million] 1,712

Employees (as at 31.12.) [number] 52,412

Hungary – Key Facts

Hungary – Key FactsHungary

Hungary – Key FactsGDP growth rate (%)

4.1

6.5

2.2

4.74.95.15.45.7

2.93.0

0.8

1.7 2.1 2.02.8

1.2

0.0

1.5 1.1

-0.4

-101234567

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005Hungary Germany Source: Eurostat

Hungary – Key FactsInflation rate (%)

1,53.5

6.84.75.2

9.110.010.0

14.2

18.5

1.81.01.41.91.40.60.61.50

5

10

15

20

25

1997 1998 1999 2000 2001 2002 2003 2004 2005Hungary Germany Source: Eurostat

HUF/EURHUF „LIBOR”

238

240

242

244

246

248

250

252

254

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec5%

6%

7%

8%

9%

10%

11%HUF/EUR

monthly average exchange rate

Exchange rate and Hungarian „LIBOR”

Hungary – Key Facts

Source: Eurostat

7.26.15.95.85.7

6.47.0

8.49.0

9.68.5

9.1 8.87.9 7.2 7.4 8.2

9.0 9.5 9.5

0

2

4

6

8

10

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

Hungary – Key FactsUnemployment rate (%)

The Győr region: 5.5 %

Hungary Germany Source: Eurostat, local authorities

AUDI HUNGARIA MOTOR Kft. (AHM)Company History

The Győr region

100 km

50 mi

AHM - Company History

- textile industry- engineering

industry- car

manufacturing- light industry

Győr – a city with an industrial historyAHM - Company History

Cost benefits labour cost

Vienna Bratislava

Győr

Infrastructure outsourcing at local cost support from state and local authorities

Maximum capacity utilization

Excellent transport connectionsrailwayairportmotorway

Highly qualified personnel

Supporting investments direct support tax-free status of investments infrastructure

Geographical and cost benefits

Hungary

AHM - Company History

Pannonhalma

Győr

The Győr city centreThe Győr regionAHM - Company History

Factory site in 1992AHM - Company History

Factory site in 2006AHM - Company History

Company information

• Independent Hungarian company with corporate form of Kft. (corresponds to a German “GmbH” and a British “Ltd.”)• Company founded in 1993• Capital stock of EUR 100 million• Fully owned subsidiary of AUDI AG• Management by 4 managing directors and a supervisory board• Purpose of the company: engine and component manufacturing, car assembly• Total workforce: 5,022 (as of 31.12.2005)

AHM - Company History

Factory units – production areas

1994Inl.-4 petrol

1997V6 diesel

1998 TTC1999 TTR

2000Inl.-4 TDI

2000Logistics

2000Services

2003V6 petrol

2002V8 + V10

2003Logistics

2001Logistics

2001Techn.

Development

AHM Forum

2005Tooling Centre

AHM - Company History

The largest Hungarian companies – 2004

(Source: D&B, all data HUF based, 250 HUF/EURO) AHM exports represent 10% of the total Hungarian exports

3,2563,256Flextronics Kft.(3.)3.

1,4911,273Tesco-Global Áruházak Rt.(9.)8.

1,2911,470Panrusgáz Rt. (Gascomp.)(8.)9.

1,5191,556MVM Rt. (Electricity supplier)(6.)7.

3,8603,722AUDI HUNGARIA MOTOR Kft.(2.)2.

2,4062,429MATÁV Rt. (Hungarian Telecom)(4.)4.

1,6701,791Philips Magyarország(5.)6.

1,210 1,151E.ON Hungária Energetikai Rt. (el. suppl.)(10.)10.

1,9201,520GE Hungary Rt.(7.)5.

7,8206,097MOL Rt. (Hungarian Oil Comp.)(1.)1.

Sales rev. 2004

EUR million

Sales rev. 2003

EUR million

CompanyRank

2003

Rank

2004

3,2563,256Flextronics Kft.(3.)3.

1,4911,273Tesco-Global Áruházak Rt.(9.)8.

1,2911,470Panrusgáz Rt. (gas company)(8.)9.

1,5191,556MVM Rt. (electricity supplier)(6.)7.

3,8603,722AUDI HUNGARIA MOTOR Kft.(2.)2.

2,4062,429MATÁV Rt. (Hungarian Telecom)(4.)4.

1,6701,791Philips Magyarország(5.)6.

1,210 1,151E.ON Hungária Energetikai Rt. (el. suppl.)(10.)10.

1,9201,520GE Hungary Rt.(7.)5.

7,8206,097MOL Rt. (Hungarian oil company)(1.)1.

Sales rev. 2004

EUR million

Sales rev. 2003

EUR million

CompanyRank

2003

Rank

2004

AHM - Company History

Qualification structure

64%

36%

university technical college

Indirect personnel Direct personnel

98%

2%

skilled worker other

AHM - Company History

Production and Main Activities

Engine productionProduction and Main Characteristics

Engine deliveries worldwide

China (direct delivery)

AUDI HUNGARIA MOTOR Kft.

Production and Main Characteristics

Audi HungariaGyőr

FAW ChangchunVW Shanghai

South AfricaUitenhagen

VW do BrasilCuritiba

VW MexicoPuebla

VW Argentina

Engine deliveries outside EuropeProduction and Main Characteristics

IngolstadtNeckarsulm

Osnabrück

KasselMoselWolfsburg

Emden

BrusselsBratislava

Mlada Boleslav/Vrchlabi/Kvasiny

Setubal

Pamplona AUDI HUNGARIA MOTOR Kft., Győr

Seat MartorellSeat Martorell Sant’ AgataSant’ Agata

Engine deliveries within EuropeProduction and Main Characteristics

Product range and capacity

• New-generation TT Coupé 200 bhp front-wheel drive, quattro 250 bhp quattro (V6)

• TT Roadster 163 bhp front-wheel drive 190 bhp front-wheel drive, quattro 225 bhp quattro

250 bhp quattro (V6)

Production and Main Characteristics

The latest products from Audi HungariaProduction and Main Characteristics

The new Audi TT CoupéProduction and Main Characteristics

4-cyl. TFSI engine for the Audi A3 Sportbackdisplacement – valves: 1,984 cm3 - 4Vinjection system: FSIcharging: turbopower output: 147 kW (200 bhp)maximum torque: 280 Nm

Production and Main Characteristics

V8 diesel engine for the Audi A8

displacement – valves: 4,134 cm3 - 4Vinjection system: common railcharging: turbopower output: 240 kW (326 bhp)maximum torque: 650 Nm

Production and Main Characteristics

High-revving V8 petrol engine for the Audi RS 4 displacement: 4,163 cm3 - 4Vinjection system: FSIpower output: 309 kW (420 bhp)maximum torque: 430 Nm

Production and Main Characteristics

V10 petrol engine for the Audi S6

displacement: 5,204 cm3 - 4Vinjection system: FSIcharging: turbopower output: 320 kW (435 bhp)maximum torque: 540 Nm

Production and Main Characteristics

Audi Strategy

Audi Strategy

Audias the most

successful premium brand

Customer fascinationand image leader

in terms of emotion & quality

Significant growthin volume

Most attractive employer

Clear increase in profitability

Visions and goals

DisclaimerThis presentation contains forward-looking statements and information on the business development of the Volkswagen Group. These statements may be spoken or written and can be recognized by terms such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “will” or words with similar meaning. These statements are based on assumptions relating to the development of the economies of individual countries, and in particular of the automotive industry, which we have made on the basis of the information available to us and which we consider to be realistic at the time of going to press. The estimates given involve a degree of risk, and the actual developments may differ from those forecast.

Consequently, any unexpected fall in demand or economic stagnation in our key sales markets, such as in Western Europe (and especially Germany) or in the USA, Brazil or China, will have a corresponding impact on the development of our business. The same applies in the event of a significant shift in current exchange rates relative to the US dollar, sterling and the yen.

If any of these or other risks occur, or if the assumptions underlying any of these statements prove incorrect, the actual results may significantly differ from those expressed or implied by such statements.

We do not update forward-looking statements retrospectively. Such statements are valid on the date of publication and can be superceded.