Hi, Taken from the Porsche manual table - DME ME 7.2 DTCs
P0134 - FAULT TYPE = Precatalyst oxygen sensor, cyl. 1 - 3
Explanation = Signal implausible / Open circuit / no signal
Beware of dealers they tend to change the easiest and most expensive parts first
Check to see if all the wires connected to the sensors are fine, then replace the sensor one at a time to pin point where the problem was.
Good luck