[Kaz]

Originally Posted by TECHART Comment on investigation in conjunction with thefts committed by Porsche AG employees Recently it has been reported that employees of the Porsche AG stole engines and parts from the Weissach development center and offered them on the open market. Among others, TECHART has been part of an investigation and has become subject of numerous press reports. Therefore we would like to inform you about the following facts: TECHART was offered one used Porsche 997 Turbo engine by a car dealer located in Leonberg. TECHART purchased this engine with an official bill from that dealer and in good faith. However, on evaluation TECHART found out that the delivered engine was not identical with the offered product and therefore returned the engine to the vendor. That engine was confiscated by the German prosecution authorities at the facilities of that car dealer. TECHART did not have any knowledge of the origin of this engine. Other information, which have been released in some press reports and also in this forum are not true. Throughout the media it has been reported that several engines were seized at the facilities of TECHART. This is also not true. TECHART has been surprised by this occurrence. Of course, TECHART will fully contribute to clarify all facts in this matter and to resolve all suspicions. The investigations do not affect the course of business in any way. TECHART Automobildesign GmbH