Graphic Ad-hoc
© Continental AG

Ad hoc: Change Rating S&P

Standard & Poor's Ratings Services informed the Company today that it has lowered its long-term corporate credit rating on Continental AG to BB from BBB-. The A-3 short-term corporate credit rating on the group was lowered to B. The outlook is negative. At the same time, the ratings were removed from CreditWatch where they had been placed with negative implications on Dec. 15, 2008.