Porsche Lowers Canadian Pricing for 2008 Models Compared to 2007

ATLANTA - September 25, 2007: Porsche Cars North America, Inc. announced that it will lower prices in Canada by more than 10 percent on its 2008 models compared to prices and standard equipment on its 2007 lineup.

"We cannot ignore our customers and dealers in Canada who can look to the U.S. and recognize a substantial price difference," said Peter Schwarzenbauer, President and CEO of Porsche Cars North America, Inc. "We listened to the market and did what is best for our customers in Canada."

Porsche will lower the MSRP of its 2008 models by an average of more than 8 percent. Additionally, on an average equipment adjusted basis, 2008 models will offer another 2 percent in savings from 2007 models.

Listed below are the prices for 2008 Porsches in Canadian dollars.

MODEL	2006/2007 MSRP(a)	2008 MSRP
2008 Cayenne Tiptronic	64,300	59,400
2008 Cayenne	60,100	55,200
2008 Cayenne S	80,100	72,200
2008 Cayenne Turbo	126,900	115,300
2008 Cayman	69,600	63,500
2008 Cayman S	83,300	75,300
2008 Cayman S Porsche Design		89,100
2008 Boxster	63,600	58,100
2008 Boxster S	77,300	70,200
2008 Limited Edition Boxster		61,700
2008 Limited Edition Boxster S		73,900
2008 911 Carrera	100,700	93,200
2008 911 Carrera S	114,800	105,800
2008 911 Carrera Cabriolet	114,800	105,800
2008 911 Carrera S Cabriolet	128,900	118,400
2008 911 Carrera 4	108,700	100,400
2008 911 Turbo	170,700	158,300
2008 911 Carrera 4S	122,800	113,100
2008 911 Targa 4	119,100	109,700
2008 911 Targa 4S	133,200	122,400
2008 911 Carrera 4 Cabriolet	122,800	113,100
2008 911 Carrera 4S Cabriolet	136,900	125,700
2008 911 Turbo Cabriolet		171,000
2008 911 GT3	147,300	133,800
2008 911 GT2		235,400
2008 911 GT3 RS	171,200	155,100

(a)Does not include destination charge of $1,085 for sports cars; $1,115 for Cayennes.