COOPERATION PLAN IN PLACE
11 January 2007 - Bosch

Partnership in portable navigation Innovative features for globally usable devices

Blaupunkt, Hildesheim, a company belonging to the Bosch group, and the
Japanese electronics corporation, Kenwood Corporation, Tokyo, are
currently planning to form a partnership in the field of Portable
Navigation Devices (PNDs). After signing a Memorandum of Understanding
(MoU), the two companies are now launching their cooperation for portable
navigation devices.

Blaupunkt and Kenwood are leading suppliers in the field of car audio
and car multimedia systems. By bundling these key competences, the two
companies aim to supply navigation devices that are easy to operate and
include innovative, attractive features for different regional markets.

Starting in 2008, the devices co-developed by the two companies will be
offered by each of the two partners individually on the rapidly growing
market segment of portable navigation. Blaupunkt and Kenwood both plan to
use this cooperation to continue to expand their competence as leading
providers of portable navigation systems.

Blaupunkt, a company belonging to the Bosch Group, is an internationally
leading manufacturer of driver information systems, car radios, car
speakers and vehicle antennas. Blaupunkt has its main headquarters in
Hildesheim, Germany, and maintains other production sites in Portugal,
Hungary, Tunisia and Malaysia. The company posted sales of more than Euro
1.4 billion in fiscal year 2005 and employs more than 9,000 people
worldwide.

www.boschautoparts.co.uk

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