Bosch assumes industrial leadership of Kalyani Brakes Ltd., to expand its brake activities in India
Significant opportunities also seen for ABS

• Bosch increases its holdings in Kalyani Brakes Ltd. to 80 percent
• Basis for further expansion in a rapidly-growing market

Bangalore July 16, 2005 -The Bosch Group has purchased from the Kalyani Group an additional 40 percent equity holding in Kalyani Brakes Ltd. Bosch holdings in the company have thus grown to 80 percent. An agreement to this effect was reached on July 16th, 2005. The transaction is on the basis of transfer of shares between promoters subject to Indian regulations. Kalyani Brakes was previously operated as a joint venture between Bosch and the Kalyani Group, each with a 40 percent holding. The rest of the shares are widely held.

With its emerging industrial leadership, Bosch plans to rename the company as Bosch Chassis Systems India Ltd. In the future, Bosch
also plans to extend its worldwide manufacturing base for modern braking systems to India, including manufacture of the antilock braking system ABS. The company thus plans to utilize the opportunities in a rapidly growing market for passenger cars.

Kalyani Brakes is a leading Indian brake manufacturer. The company manufactures conventional braking systems and components for
passenger cars, tractors, 3 wheelers and two-wheelers in its plants in Jalgaon, Chakan, and Manesar. Kalyani Brakes employs roughly 1,800 associates and in the fiscal year 2004/2005 generated sales of 63 million euros (Rs 357 crores).

Bosch is represented in India by its subsidiary companies Motor Industries Co. Ltd. (MICO), Robert Bosch India Ltd., Bosch Rexroth
India Ltd apart from its holdings in Kalyani Brakes. The Bosch Group employs a total of some 14,000 associates in India including Kalyani Brakes. In 2004, its Indian operations generated sales of 548 million euros (Over Rs 3000 crores).

About BOSCH Group:
The Bosch Group is a leading global manufacturer of automotive and industrial technology, consumer goods, and building technology. In fiscal 2004, some 242 000 associates generated sales of 40 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 some 260 subsidiaries and more than 10 000 service centers in over 130 countries.

The special ownership structure of the Bosch Group guarantees its financial independence and entrepreneurial freedom. It makes it possible for the company to undertake significant up-front investments in the safeguarding of its future, as well as to do justice to its social responsibility in a manner reflective of the spirit and will of its founder. 92 % of the shares of Robert Bosch GmbH are held by the charitable foundation Robert Bosch Stiftung. The entrepreneurial ownership functions are carried out by Robert Bosch Industrietreuhand KG.

Additional information can be accessed at www.bosch.com.