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Summary and Report on post-balance sheet date events

SUMMARY OF THE RISK SITUATION OF THE GROUP

The Volkswagen Group’s overall risk situation results from the specific risks shown above. Our comprehensive risk management system ensures that these risks are controlled. Furthermore, taking into account all the information known to us at present, no risks exist which could pose a threat to the continued existence of the Volkswagen Group.

REPORT ON POST-BALANCE SHEET DATE EVENTS

There were no significant events after the end of fiscal year 2011.

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