VKW Volkswagen Ord

TIDMVKW

RNS Number : 9426F

Volkswagen AG

04 May 2011

Volkswagen Aktiengesellschaft

Wolfsburg

Payment of Dividend

Notice is hereby given to shareholders that following a resolution passed at the Annual Ge-neral Meeting of shareholders held on May 3, 2011 a dividend for the financial year ended 31(st) December, 2010 will be paid, as from May 4, 2011 at the rate of EUR 2.20 per eligible ordi-nary share and EUR 2.26 per eligible preferred share.

All payments will be subject to a deduction of German tax at a rate of 25 per cent and a "solidarity contribution" of 5.5 per cent on this amount and, in the absence of evidence as to the recipient's non-residence in the United Kingdom, a further deduction of United Kingdom income tax at a rate of 5 per cent.

The appointed paying agent in the United Kingdom is

Commerzbank London Branch

Corporates and Markets

60 Gracechurch Street

London

EC3V 0HR

Dividends will be paid in pounds sterling, calculated at the official current exchange rate to the euro.

Under certain conditions, shareholders residing in the United Kingdom can claim a partial refund of the deducted German tax and the "solidarity contribution" in accordance with the double taxation treaty between the United Kingdom and Germany. The German tax and the "solidarity contribution" are chargeable in accordance with that treaty is treated as a credit and can be set against the income tax liability of a shareholder resident in the United Kingdom. The Company's United Kingdom paying agent will, upon request, provide shareholders or their agents with the appropriate form to enable a refund request to be made to the German taxation authorities.

Wolfsburg, May 2011 The Board of Management

This information is provided by RNS

The company news service from the London Stock Exchange

END

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