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Piech Elected Chairman
April 19, 2007

Piech Elected Chairman
Martin Winterkorn, head of Volkswagen, and Ferdinand Piech, head of VW's
supervisory board, at the company's annual general meeting in Hamburg today

Following VW's annual general meeting in Hamburg today, the company's supervisory board unanimously elected Ferdinand Piech as its chairman for a further five years.

Piech served as CEO from 1993 to 2002.

Attending the 47th AGM were 4,000 shareholders and guests.

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