Daimler anticipates Group EBIT of more than €4 billion in full-year 2010

• Group EBIT significantly positive in the first quarter of 2010
  at €1,190 million (Q1 2009: minus €1,426 million)

• Net profit of €612 million (Q1 2009: net loss of €1,286 million)

• Revenue well above prior-year level at €21.2 billion (Q1 2009: €18.7 billion)

• Mercedes-Benz Cars anticipates EBIT of €2.5 billion to €3 billion in full-year 2010

• Daimler Trucks expects full-year EBIT of €500 million to €700 million

• Daimler Financial Services anticipates EBIT of more than €500 million in 2010

Daimler AG (stock-exchange symbol DAI) has reported first-quarter EBIT of €1,190 million, as previously disclosed on April 19, 2010 (Q1 2009: minus €1,426 million). "This very good result for the first quarter shows that we did our homework in the crisis and are now firmly on track for success once again," stated Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars.

The very positive earnings development is reflected by ongoing upward trends in nearly all divisions. Mercedes-Benz Cars in particular posted significantly positive earnings for the first quarter of 2010, due to increased unit sales in the E-Class and S-Class segments.

The positive development of EBIT led to net profit for the Group of €612 million, representing a considerable improvement over the prior-year result (Q1 2009: net loss of €1,286 million). Earnings per share amounted to €0.65 (Q1 2009: loss per share of €1.40).

Total unit sales up by 21% in the first quarter

In the first quarter of 2010, Daimler sold 402,700 cars and commercial vehicles worldwide, which was 21% more than in the same period of last year.

The Daimler Group's first-quarter revenue increased significantly from €18.7 billion to €21.2 billion; adjusted for exchange-rate effects, revenue grew by 15%.

The free cash flow from the industrial business was positive and increased compared to the prior-year quarter from minus €1.1 billion to plus €0.3 billion.

At the end of the first quarter of 2010, Daimler employed 254,779 people worldwide (Q1 2009: 263,819). Of that total, 161,449 people were employed in Germany (Q1 2009: 164,983).

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