Volkswagen AG: Dr. Wolfgang Bernhard Leaves Volkswagen AG Board of Management

Dr. Wolfgang Bernhard leaves Volkswagen AG Board of Management
Wolfsburg, January 11, 2007 - Dr. rer. pol. Wolfgang Bernhard,
Chairman of the Volkswagen brand group and member of Volkswagen AG's
Board of Management, will leave the Company by mutual agreement as of
January 31, 2007 as part of the reorganization of responsibilities
within the Volkswagen Group.

Dr. Bernhard has been a member of Volkswagen AG's Board of
Management since February 1, 2005; since May 2005, he has been
responsible for the Volkswagen brand as Chairman of the brand group.

The Company would like to thank Dr. Bernhard for his work in the
past years and wishes him all the best for his future career. Prof.
Dr. Martin Winterkorn, who will take over the management of the
Volkswagen brand group in addition to his present duties, emphasized
that Dr. Bernhard had furthered the process of restructuring of the
Company and hence increased the productivity of the Volkswagen brand.

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Language: English
Issuer: VOLKSWAGEN AG Brieffach 1970 38436 Wolfsburg Deutschland
Phone: +49 (0)5361 9 - 49840
Fax: +49 (0)5361 9 - 30411
E-mail: gillian.karran@volkswagen.de
WWW: gillian.karran@volkswagen.de
ISIN: DE0007664005
WKN: 766400
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