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Production Commences of New Audi TT Coupé Today

14 June, 2006

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230 million euros invested in production.

Audi Hungaria is continuing its success story as the official start of production SOP commenced for the second generation Audi TT Coupé.

The Hungarian Minister of the Economy and Transport, János Kóka, and Dr. Jochem Heizmann, Board Member for Production at AUDI AG and Chairman of the Supervisory Commission of AUDI HUNGARIA MOTOR Kft., gave the starting signal for the new sports car during a ceremony at the plant in Gyõr.

The TT Coupé will be launched on the market in September 2006.

“Audi Hungaria has captured a top position in the premium sports car segment with the production of the Audi TT. The decision to assemble the new model in Gyõr is testimony to the excellent and productive interaction between Germany and Hungary as production locations,” explained Dr. Jochem Heizmann during the ceremony.

A total of 230 million euros (approx. AUD 368 million) has been invested in the production of the TT.

Of this amount, around 20 million euros (AUD 32 million) was allocated to new assembly plant equipment at Audi Hungaria in Gyõr. The Audi TT goes through the body shop and paint shop stages at the Audi plant in Ingolstadt and the the sports car is assembled on an area covering 35,000 m2 in Gyõr.

The beginning of next year will see the assembly process being operated on the basis of a three-shift system. Approximately 800 employees work in TT assembly in Gyõr. The production capacity will be higher than that of the predecessor model and around 20,000 Audi TT Coupé models are to be assembled in Gyõr by the end of this year.

“The TT project in Gyõr was realised within 20 months. Our especially flexible assembly process and our highly qualified employees make us an extremely productive location within the Group,” said Thomas Faustmann, Chairman of the Board of Management at AUDI HUNGARIA MOTOR Kft.

“We have succeeded in considerably reducing production time for the new TT, even though it is more sophisticated and more complex than the predecessor model.

“This makes us extremely competitive on an international level,” Faustmann added.

The new TT will be available with either a 2.0 TFSI four-cylinder engine developing 147 kW or a 3.2 V6 engine generating 184 kW.

Special technical features are the Audi Space Frame ASF in lightweight

design and the active damper system Audi magnetic ride.

The successor to the Audi TT Roadster will follow at the beginning of 2007.

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