[PEN-L:1904] DaCh pioneers in SE procedure

[valis <valis@xxxxxxxxxx>]

   Daily News - 11/18/1998

   Unique listing distinguishes DCX share
   New York, 11/18/1998 - The listing of DaimlerChrysler's shares on the
   New York Stock Exchange marks the first time that a major non-North
   American-domiciled company will trade the same 'ordinary' shares on
   the NYSE as it does in its country of incorporation and elsewhere
   around the world. Most foreign companies listed in the U.S. trade in
   the form of American Depositary Receipts, which are receipts on shares
   held in custody in the company's home market. DaimlerChrysler's
   security will trade in the same form on all 19 major stock exchanges
   on which it is listed. Those exchanges include: the Chicago Stock
   Exchange, Frankfurt Stock Exchange, local German stock exchanges,
   Montreal Stock Exchange, New York Stock Exchange, Pacific Stock
   Exchange, Paris Stock Exchange, Philadelphia Stock Exchange, Swiss
   stock exchanges, Tokyo Stock Exchange, Toronto Stock Exchange and
   Vienna Stock Exchange.

   ©1998 DaimlerChrysler. All rights reserved.