Henkel AG & Co. KGaA

M&A Activity • Jul 30, 2007

News Details

Ad-hoc | 30 July 2007 07:52

Henkel KGaA:Exclusivity agreement concluded between Henkel and Akzo Nobel

Henkel KGaA / Agreement/Miscellaneous

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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The Board of Henkel KGaA, Düsseldorf, Germany, notes the recent speculation
regarding talks between Henkel and Akzo Nobel N.V., Arnhem, The
Netherlands. Henkel confirms that on July 26, 2007 it has signed an
exclusivity agreement with Akzo Nobel. Also Henkel and Akzo Nobel have
negotiated an agreement about a back-to-back transaction, the signing of
which is still pending. Under such agreement Henkel would acquire the
adhesives and electronic materials businesses of National Starch and
Chemical Company, Bridgewater, N.J., USA, a subsidiary of ICI plc, London,
UK. It is intended - subject to approval by Henkel’s Shareholders'
Committee - to execute the back-to-back agreement immediately prior to the
formal announcement of an offer by Akzo Nobel for ICI.

The adhesives/electronic materials business of National Starch had sales of
1.26 billion GBP (approx. 1.85 billion euros) in 2006.

Such a back-to-back-transaction is subject to the successful completion of
a takeover of ICI by Akzo Nobel. There can be no certainty that such an
offer will be made or a takeover will take place.

Heinz Nicolas

Tel. +49 211 797 4516

DGAP 30.07.2007

Language: English
Issuer: Henkel KGaA
Henkelstr. 67
40191 Düsseldorf
Deutschland
Phone: +49 (0)211 797-3937
Fax: +49 (0)211 798-2863
E-mail: investor.relations@henkel.com
Internet: www.henkel.de
ISIN: DE0006048432
WKN: 604843
Indices: DAX
Listed: Amtlicher Markt in Berlin, Frankfurt (Prime Standard),
Hannover, München, Hamburg, Düsseldorf, Stuttgart;
Terminbörse EUREX

End of News DGAP News-Service

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