• Bosch employee number in Jiangsu province rises to 6,500
• Bosch provides state-of-the-art industrial solutions while pursuing Bosch 3S principle – Safe, Clean and Economical
• Bosch Automotive and Industrial Technology, Consumer Goods, and Building Technology displayed during “Bosch Day”

February 1, 2007, Nanjing – The Jiangsu Government and Bosch celebrated their 23 years of collaboration today at a ceremony attended by 400 guests. Provincial government officials and representatives from Jiangsu's local business community were present to exchange views and share opinions on potential business cooperation.

All Bosch business units were also in attendance to demonstrate their world leading technologies, including Power Tools, Household Appliances, Industrial Technology, Thermo Technology, Security Systems , Gasoline Systems , Diesel Systems, Chassis Systems, and Automotive Electronics .

“After 23 years of close, rewarding cooperation, we at Bosch regard ourselves as a long-term friend with the Jiangsu Province,” said Rudolf Colm, Member of the Board of Management of the Bosch Group responsible for coordinating Bosch activities in Asia-Pacific. “We are pushing ahead with the development of products and industrial solutions in Jiangsu. We also aim at contributing to the region and China as well in areas of environmental protection, energy saving, road safety and economic development.”

“Since the 1990s, the cooperation between Bosch and Jiangsu Province has resulted in rapid development. Jiangsu has now become the core of Bosch's investment in China,” said Jiangsu Province Vice-Governor Zhao Kezhi. “Bosch works in a number of fields – including automotive technology, industrial technology, consumer products, and building technology – that are also the focus of the province's 11th Five Year Plan. In this new round of opening up to the outside world, our cooperation looks very promising. The Jiangsu provincial government will support Bosch's greater development in the province, and will as before offer superior, highly efficient services to domestic and foreign investors such as Bosch in order to create an environment rich in competitive power and complimentary strengths, further benefiting both sides.”

Two decades of win-win partnership strengthens ties between Bosch and Jiangsu

Bosch's presence in Jiangsu began in the early 80's. In 1984, Bosch signed its first technology licensing agreement with Weifu in Wuxi. The agreement marks the beginning of a Bosch's long-term collaboration with the Jiangsu government.

Bosch’s total investment in Jiangsu province reaches 540million euros. In 2006 alone, Bosch invested 80 million euros in Jiangsu. Today, 5 large Bosch automotive plants are located in Jiangsu Province. In Nanjing, Bosch has set up several Sparkplug and Steering System factories. In Wuxi, Bosch has located its diesel competence center, one of its largest overseas investment, as well as gasoline injector factories. In Suzhou, Bosch has Chassis Systems and Automotive Electronics factories. In Changzhou, Bosch Rexroth, a main player in Bosch's Industrial Sector, has set up its main factories. And in Consumer Goods and Building Technology Sector, Bosch Siemens Home Appliance has set up factories in Nanjing and Wuxi. In total, Bosch employs 6500 people in Jiangsu.

Bosch's leading technologies contribute to Jiangsu's economic development

For more than 20 years, Bosch has offered innovative products and solutions that contribute to the development in Jiangsu and China. In fact, the Bosch Group has made protection of the environment and conservation of resources a long-term cornerstone of its overall strategy. The Bosch “3S principle” – Sicher (safe), Sauber (clean), Sparsam (economical) – is consistent with China's goal of creating a resource-saving and environment friendly society, as stated in the 11 th five year plan.

In April 2005, Bosch set up its Engineering Center in Suzhou. The Center, with over 200 engineers, provides comprehensive component and system tests, and helps advance road safety technology.

In 2005 Bosch began producing very efficient Common Rail diesel technology in its Wuxi plant for the production and development of advanced diesel systems. At its engineering center in Wuxi, more than 300 engineers strive to make modern diesel technology more environmental friendly and more marketable.

R&D investment supports talent development in Jiangsu Province

Bosch's leading efforts in talent cultivation take place at its R&D facilities in Wuxi and Suzhou. Bosch cooperates with several universities on research and development projects and also holds Bosch training courses, as well as granting of scholarships and of internships. In addition, Bosch has joined forces with technical colleges in Wuxi to develop a special training program and two annual Bosch study courses provide training for students majoring mechanical engineering.

The mutually-beneficial cooperation between Bosch and the Jiangsu government has been the key to Bosch's success in Jiangsu and made possible Bosch's contribution to the local economy. Peter Pang, President of Bosch ( China) Investment Ltd., expressed his appreciation to the Jiangsu Government for supporting Bosch during the past 23 years. “The infrastructure and quality of human resources in Jiangsu is among the best in China. The local government in every city where Bosch operates in Jiangsu has provided excellent service and support, contributing greatly to our success.” He went on, “Our experience in Jiangsu has inspired us to look at Jiangsu as one of the key provinces to make further investment.”

About the Bosch Group

The Bosch Group is a leading global manufacturer of automotive and industrial technology, consumer goods, and building technology. In fiscal 2005, some 251,000 associates generated sales of 41.5 billion euros. Set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering,” the Bosch Group today comprises a manufacturing, sales, and after-sales service network of more than 280 subsidiaries and some 13,000 Bosch service centers in over 140 countries.

About Bosch in China

Bosch founded its first trading office in China as early as 1909. In 1926, the first car service workshop opened in Shanghai. Today, all of the Bosch business sectors are present in China: Automotive and Industrial Technology, Consumer Goods and Building Technology. The company operates via a holding company in Shanghai, 14 subsidiaries, six joint ventures, and six trading companies. 2005 consolidated sales in China reached 1 billion euros. Up to 2005, Bosch had invested around 620 million euros in China and between 2006 and 2008 it will invest a further 620 million euros. Over 14,000 Bosch employees are committed to bringing to the Chinese customers the latest technology as well as the most reliable services to help improve their quality of life.

For more information on Bosch, please visit www.bosch.com.cnFor further details please contact:

Howard Luo Bosch(China) Investment Ltd. Tel:021-2898-1036 Email: howard.luo@cn.bosch.com

Jenny Wang Carl Byoir Public Relations Tel:021-5407-5699 Email: jenny.wang@carlbyoir.com