Tognum subsidiary L’Orange has been making technological history for 75 years

• High-pressure injection system specialist celebrates anniversary
• Investments secure future growth strategy

Friedrichshafen, 9 September 2008. The Tognum subsidiary L’Orange GmbH today celebrates its 75th anniversary. Since it was founded in 1933, the specialist for high-pressure injection systems for diesel and heavy-fuel engines has developed numerous new technologies – such as the world’s first common-rail injection system for large diesel engines. For Tognum, fuel injection is a key technology which makes the crucial difference when it comes to cutting life-cycle costs and achieving sustainable reductions in fuel consumption for diesel engines.

“Our subsidiary L’Orange has continually made technological history,” stated Christof von Branconi, Member of the Tognum Executive Board and with responsibility for the Business Unit "Onsite Energy & Components". “Our shared goal is to create the financial conditions for L’Orange to be able to continue to grow as successfully as it has up to now.”

In the past four years, the company has doubled its sales revenue to more than €140 million in 2007. At present, L’Orange is investing €16 million in the expansion of its production capacities. The growth of the business is also evident from the size of the workforce: today the company employs 850 people – 30 percent more than four years ago.

With the invention of the diesel prechamber almost a hundred years ago, Prosper L’Orange laid the foundations for the company. The actual beginning of its history was marked by the founding of Gebrüder L’Orange Motorzubehör GmbH 75 years ago by his son Rudolf. Since then, the company has developed numerous technological innovations which it has safeguarded with large numbers of patents. Those that particularly stand out are the dual-volume nozzle for turbojet engines, the unit injector for high-performance diesel engines and the monoblock pump for economical engine operation.

“Creativity, know-how and not least an open culture are the reason for the lasting success of our company,” explained L’Orange CEO, Ralph-Michael Schmidt. “That has enabled us to constantly extend our lead in technology and innovation in the field of fuel injection systems for large-scale engines.”

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Disclaimer regarding forward-looking statements et al.:

This report also contains forward-looking statements based on assumptions and estimates of Tognum’s Executive Board of Management. Although we assume that our assumptions and estimates on which we have based these forward-looking statements are realistic, we cannot guarantee that they will in the future prove to be correct. The assumptions and estimates, by their nature, may harbour risks and uncertainties that may cause the actual figures to differ considerably from the forward-looking statements. Factors that may cause such discrepancies include, among other things, changes in the economic and business envi¬ronment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services and changes in corporate strategy. Tognum does not undertake any obligation to update, to review or to confirm the forward-looking statements or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date of this announcement.