Berlin, Germany, October 27, 2011

Third quarter results of Daimler Financial Services

Daimler Financial Services with EBIT of 337 Mio. € in the third quarter 2011

Daimler Financial Services’ contract volume in the sales-financing and leasing business amounted to €65.8 billion at the end of the third quarter, which is 3% higher than at the end of 2010. Adjusted for exchange-rate effects, contract volume increased by 6%. New business of €8.6 billion was 18% higher than in the third quarter of last year.

With EBIT of €337 million in the third quarter of 2011, the division surpassed its earnings of €317 million in the prior-year period. The improvement in earnings was mainly caused by lower provisions for risks and an increased contract volume. There were opposing, negative effects on earnings from higher expenses in connection with the repositioning of business activities in Germany.

Daimler Financial Services anticipates growth in its worldwide new business in full-year 2011. After adjusting for exchange-rate effects, contract volume should increase again in the fourth quarter. The division expects a decrease in worldwide credit-risk costs in the full year.