June 11, 2002

DaimlerChrysler donates over U.S.$10 million to fund for children of Sept 11th victims

Minneapolis, Minnesota – The Citizen’s Scholarship Foundation of America announced that DaimlerChrysler is contributing $10.4 million (U.S.) through its DaimlerChrysler Corporation Fund, to the Families of Freedom Scholarship Fund to provide educational assistance for post-secondary study to financially needy children of victims of the September 11th terrorist attacks.

Former President Bill Clinton and former Senate Majority Leader Bob Dole serve as co-chairs of the campaign fund effort for the Families of Freedom Scholarship Fund, which was created by CSFA and Lumina Foundation for Education.

Individual employees, dealers and suppliers contributed over $400,000 to DaimlerChrysler’s “Help the Children Fund.”

DaimlerChrysler Chairman Juergen E. Schrempp announced the creation of the “Help the Children Fund” and the $10 million allocation on September 13, 2001. “The DaimlerChrysler Help the Children Fund” will remain a separate sub-fund of the Families of Freedom Scholarship Fund.

With its contribution, DaimlerChrysler brings the total for the Families of Freedom Scholarship Fund and related funds administered by CSFA to $90 million in cash and commitments toward the Fund goal of $100 million.

DaimlerChrysler also formally joins the September 11 Scholarship Alliance, an information clearinghouse initiated by CSFA and the Citigroup Foundation to help dependents of deceased and permanently disabled victims families impacted by the terrorist attacks obtain financial assistance for postsecondary education.

Families of victims are encouraged to register all dependents as soon as possible, whether they are in school now or are just being born. Scholarship information is now available online for eligible families at www.scholarships911.org. or by calling 1-877-862-0136 or emailing scholarships911@csfa.org.

Since it was established in 1953, the DaimlerChrysler Corporation Fund has given more than $325 million to charitable and nonprofit organizations. CSFA is the United States’ largest private sector scholarship and educational support organization. CSFA has distributed over $776.2 million to more than 748,000 students through its scholarship and other support programs since its founding in 1958.

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