Final approvals for acquisition of Tognum AG ob...

26 August 2011

    DAIMLER AND ROLLS-ROYCE OBTAIN FINAL APPROVAL FOR ACQUISITION OF TOGNUM    

* All relevant regulatory authorities have given their approval

* Additional offer period for Tognum shareholders to continue until November 10, 2011
   
Stuttgart/London - Daimler AG and Rolls-Royce Holdings plc have obtained the
approval of all the relevant regulatory authorities for the acquisition of
Tognum AG. This step paves the way for Daimler and Rolls-Royce to conclude the
takeover of the Friedrichshafen-based engine and drive system specialist Tognum
through their joint venture, Engine Holding GmbH. The settlement will be
completed within the next eight bank working days. This means that the 
Tognum shareholders who tendered their shares before the extended offer period ended
on June 20, 2011 will receive settlement within the next two weeks.

As of August 22, 2011, Engine Holding GmbH had secured approximately 96.78% of
the Tognum shares. Tognum shareholders who have not yet accepted the takeover
offer can tender their shares for purchase by Engine Holding GmbH at the offer
price of €26 until midnight on November 10, 2011.

Through the acquisition of Tognum, Daimler and Rolls-Royce plan to create a
leading supplier of complete industrial engine systems. The joint venture
company will offer a broad range of products, services, and solutions
worldwide.

Notes to Editors:

 1. Rolls-Royce is a world-leading provider of power systems and services for
    use on land, at sea and in the air, and has established a strong position
    in global markets - civil aerospace, defence aerospace, marine and energy.
   
 2. As a result of this strategy, Rolls-Royce has a broad customer base
    comprising more than 500 airlines, 4,000 corporate and utility aircraft and
    helicopter operators, 160 armed forces, more than 2,500 marine customers,
    including 70 navies, and energy customers in nearly 120 countries, with an
    installed base of 54,000 gas turbines.
   
 3. Annual underlying revenues were over £10.8 billion in 2010, of which more
    than half came from the provision of services. The firm and announced order
    book stood at £61.4 billion at 30 June 2011, providing visibility of future
    levels of activity.
   
 4. Rolls-Royce employs over 39,000 skilled people in offices, manufacturing
    and service facilities in over 50 countries. Over 11,000 of these employees
    are engineers.
   
 5. In 2010, Rolls-Royce invested £923 million on research and development, 
    two thirds of which had the objective of further improving the environmental
    performance of its products, in particular reducing emissions.
   
 6. Rolls-Royce supports a global network of 28 University Technology Centres,
    which connect the company's engineers with the forefront of scientific
    research.
   
 7. The Group has a strong commitment to apprentice and graduate recruitment
    and to further developing employee skills.
   
For further information, please contact:

Media relations:
Josh Rosenstock
Director of External Communications
Rolls-Royce Group plc
Tel: [phone]
E: [e-mail]

Investor relations:
Mark Alflatt
Director of Financial Communications
Rolls-Royce Group plc
Tel: [phone]
E: [e-mail]

www.Rolls-Royce.com