Counting of the shares swapped had not been completed after a 30-day share swap period for Daimler's 800,000 shareholders to exchange their shares for equity in Daimler Chrysler AG closed on Friday, a company spokesman said.

"We do not yet have a final figure," Daimler spokesman Roland Klein said. Daimler said on Friday it expected to announce the result of its merger share swap on Monday.

If fewer than 90 percent of Daimler shares are exchanged for those in the new company, Daimler Chrysler will not be eligible to use "pooling of interest" accounting and will have to account for goodwill charges of $35 billion over the next 40 years.

Welt am Sonntag newspaper earlier reported that the company was close to reaching the 90 percent share swap threshold, citing a Daimler spokesman. "We areclose to our goal of 90 percent," a Daimler spokesman said, according to the paper.

Daimler, however, has the option of extending the share swap period if it did not reach the 90 percent target within the first 30 days of the exchange.

For its merger with Chrysler Corp  of the United States to get the green light 75 percent of Daimler shares must be exchanged. Chrysler shares are automatically converted into stock in the new company.

Daimler-Benz said on Friday reaction from investors to its Daimler Chrysler share swap indicated it had reached the critical 75 percent target.

"From today's perspective we can be sure that we have got a 75 percent endorsement," Daimler finance Chief Manfred Gentz said on Friday.