BMW GROUP: NTT DATA TAKES OVER MAJORITY OF CIRQUENT

Sale of nearly 73% of Cirquent shares to NTT Data

Munich. The BMW Group has sold 72.9 percent of its shares in the IT consultancy
company Cirquent GmbH to the Japanese company NTT Data. A purchase agreement to
this effect was signed in Munich on 1 August. The BMW Group will thus still own
25.1percent of the IT consultancy company in the future. The outstanding 2
percent of the shares will continue to remain within Cirquent GmbH. Both
partners have agreed not to disclose the purchase price. The closing of the
transaction is subject to approval by the competition authorities.

"Within the scope of its Number ONE strategy, the BMW Group is concentrating on
its core business. In NTT Data, we have found the ideal partner to ensure that
Cirquent will continue to develop further in the future", said Friedrich
Eichiner, member of the Board of Management of BMW AG responsible for Group and
Brand Development.

Cirquent was founded in 1971 as Softlab GmbH. In 1992, the Munich-based company
was taken over by the BMW Group. Last year, Cirquent posted sales worth € 286
million, with a workforce of 1,747. The range of services offered by the
company covers the full spectrum, from business process consulting, through
design, integration and implementation to the operation of IT systems.

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