September 26, 2007

Porsche lowers 2008 pricing over 2007 levels for Canada

Atlanta, Georgia – Porsche Cars North America Inc. has announced that
it will lower prices in Canada by more than 10 per cent on its 2008
models, compared to prices and standard equipment on its 2007 line-up.

“We cannot ignore our customers and dealers in Canada who can look to
the U.S. and recognize a substantial price difference,” says Peter
Schwarzenbauer, President and CEO. “We listened to the market and did
what is best for our customers in Canada.”

Porsche will lower the MSRP of its 2008 models by an average of more
than 8 per cent; additionally, on an average equipment adjusted basis,
2008 models will offer another 2 per cent in savings from 2007.

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