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Company Statement: Schaeffler Group publishes offer to the shareholders of Continental AG

( July 30, 2008, 11:17 GMT | Official Statement) -- ****************************************2008-07-30 - The Federal Financial Supervisory Authority (BaFin) has approved the offer document for the voluntary public takeover offer of the Schaeffler Group, Herzogenaurach, to all shareholders of Continental AG, Hanover. The acceptance period for the offer begins with the publication of this offer document on July 30, 2008. It ends on August 27, 2008 at 12.00 midnight. Shareholders of Continental AG can thus tender their shares for purchase by the Schaeffler Group starting today....

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