Daimler AG Press Release

    VANCOUVER, Nov. 7 /CNW/ -  This press release is issued by Daimler AG
("Daimler") pursuant to the early warning requirements of National Instrument
62-103 with respect to common shares (the "Common Shares") of Ballard Power
Systems Inc. ("Ballard"). In accordance with the early warning requirements,
applicable Canadian securities laws and prior releases and filings by Daimler
pursuant to such requirements, Daimler is required to report certain
information respecting the Common Shares held by Daimler.
    Daimler has entered into a restructuring agreement dated November 7, 2007
with Ballard and Ford Motor Company ("Ford") pursuant to which Daimler has
agreed to sell to Ballard all of its Common Shares and its Class A Shares of
DBF Pref Shares Holdings Inc. ("DBF"), a company which holds the Class A Share
and the Class B share of Ballard. Under the agreement Ford has also agreed to
sell all of its Common Shares and its Class C Shares of DBF to Ballard. The
closing of the Restructuring Agreement transactions is scheduled to occur on
or about January 31, 2007.
    Under the Restructuring Agreement, Ballard has agreed to transfer to
Daimler and Ford certain joint intellectual property rights related to the
automotive business and cash. Ballard will incorporate a new British Columbia
corporation to which Ballard will transfer certain assets and liabilities, as
well as personnel related to Ballard's automotive business. This new company
will be owned as to 50.1% by Daimler, 30.0% by Ford and 19.9% by Ballard. Upon
closing, because Daimler will no longer own any Common Shares, Daimler's
rights in respect of the appointment of certain members of the Board of
Directors of Ballard will cease. Closing is subject to certain conditions,
including approval by Ballard's shareholders (other than Daimler and Ford) and
approval by the supervisory board of Daimler.
    Daimler currently owns, directly and indirectly, 21,392,598 Common Shares
representing approximately 18.7% of the outstanding Common Shares (based on
114,593,401 Common Shares outstanding) and, directly, 50 Class A Shares of
DBF. Upon closing, Daimler will no longer hold any Common Shares or shares of

    DATED November 7, 2007

    Mercedesstrasse 137
    70327 Stuttgart

For further information:

For further information: To obtain a copy of the early warning report to
be filed under applicable Canadian provincial securities legislation in
connection with the transactions hereunder please contact: Name and Address:
Dr. Rainer Beckmann, Mercedesstrasse 137, 70327 Stuttgart, Germany, Phone:
+49-711-17-58 999

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