On 19th January 2001, the ordinary shareholders' meeting of Dr. Ing. h.c. F. Porsche AG, Stuttgart, passed a resolution to convert the equity capital to euro and to change the previous graduation as par-value shares to a graduation as no-par-value shares in a ratio of one to ten. The previous share certificates have thus become incorrect in terms of content. Porsche shareholders therefore will be given the opportunity, free of charge, to exchange their share certificates issued in German marks for new certificates in the period from 26th November 2001 to 1st March 2002. Shareholders who hold their certificates themselves can submit them to a bank within the aforementioned period. Shares in securities accounts will be exchanged by the respective bank without an express order from the account holder. Participation in the next ordinary shareholders' meeting of Porsche AG on 18th January 2002 is possible with deposit of the old or the new shares.
In addition to other elements, the redesigned certificates feature a historic photograph with the company founder Professor Ferdinand Porsche and his son Ferry Porsche, as well as engineering drawings of the first Porsche. Seven silhouettes of sports cars document the design development from the Porsche 356 up to the current Porsche 911 Carrera. The effective denominations are available in the form of one individual share certificate each and as global certificates comprising 20 and 50 shares each. Certificates will be provided in the largest possible denomination.
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