Conti-Gummi Finance Closes Issuance of Senior Secured Notes

On October 5, 2010, Conti-Gummi Finance B.V. closed the issuance of €625,000,000 6.50 per cent senior secured notes due 2016 and €625,000,000 7.125 per cent senior secured notes due 2018. The notes are secured by, inter alia, a guarantee provided by Continental AG and subsidiary guarantees delivered by, amongst others, Continental Tire Canada, Inc., an Ontario corporation.

Continental AG is a worldwide automotive supplier of a broad range of electronic systems and components, tires and non-tire rubber products. The company develops, produces and markets products that address the key growth trends of the automotive industry.

Conti-Gummi Finance B.V., Continental AG and Continental Tire Canada, Inc. were represented in Canada by Stikeman Elliott LLP with a team consisting of Philip Henderson, Craig Mitchell and Mairi MacGillivray and in Germany by Freshfields Bruckhaus Deringer LLP with a team consisting of Tilmann Gütt, Nina Heym and Jason Marrett.

Citigroup Global Markets Limited and The Royal Bank of Scotland plc were represented in Canada by Ogilvy Renault LLP with a team consisting of Kevin Morley, David Amato and Aditya Rebbapragada, and in Germany by Shearman & Sterling LLP with a team including Marc Plepelits, Winfried Carli, Axel Korth, Lars Neumann, Matthias Laier and Percy Lorenz.