Supervisory Board gives the go-ahead for a wider range of models

Porsche is planning a new sporty model range

Stuttgart. November 29, 2010-- During its meeting today, the Supervisory Board of Porsche AG, Stuttgart, laid the foundations for continuous and successful growth of the company. The Supervisory Board instructed the Board of Management to drive forward the development of a further model series up to series production.

Under the working name "Cajun", this efficient and sporty model will further expand the world's most successful Porsche segment in the SUV sector. In addition to the new Cayenne, which has clearly consolidated its market position as the most successful sporty SUV in the premium segment, the "Cajun" will also have a very positive impact with its typical Porsche features such as light weight, ease of handling and agility. As an attractive entry model in the Porsche world, the "Cajun" will attract new and even younger customers to the premium brand along with the current Boxster, the market leader in the segment of two-seater, mid-size sports cars.

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Contact: Porsche Cars North America, Inc.

Steve Janisse
Manager, Automotive Media Relations
770-290-3419
steve.janisse@porsche.us

Tony Fouladpour
Business Communications Manager
770-290-3667
tony.fouladpour@porsche.us


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