Porsche AG, a unit of Porsche Automobil Holding SE (PAH3.XE), Friday said about 8,000 employees covered by its collective pay agreement will receive a bonus of EUR1,700 at the end of April for the short financial year 2010, which ran from Aug. 1 to Dec. 31.

MAIN FACTS:

-The bonus was agreed upon by the management board and the company's works council.

-Porsche AG had an operating profit of EUR688 million in the short financial year.

-The short financial year was introduced to correspond to Volkswagen AG's (VOW.XE) financial year.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500
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