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BASF SE

Notice of Dividend Amount Feb 21, 2008

44_rns_2008-02-21_f014fe16-9e0b-47dc-b39d-b2e3677956ee.html

Notice of Dividend Amount

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News Details

Ad-hoc | 21 February 2008 08:28

BASF SE:BASF plans to raise dividend to €3.90 per share and proposes 1:2 stock split

BASF SE / Dividend

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.


BASF plans to raise dividend to €3.90 per share and proposes 1:2 stock
split

Ludwigshafen, Germany – February 21, 2008 – The Board of Executive
Directors of BASF SE today decided to propose to the Annual Meeting on
April 24, 2008 to increase the dividend for 2007 by €0.90, or 30 percent,
to €3.90 per share and to conduct a 1:2 stock split. Both decisions are
subject to approval by the company’s Supervisory Board in its meeting on
March 4, 2008.

About the dividend proposal:
On the basis of the number of qualifying shares as of December 31, 2007, a
dividend of €3.90 per share would correspond to a total dividend payment of
almost €1.9 billion. Relative to the 2007 year-end share price of €101.41,
BASF shareholders will thus receive a dividend yield of 3.8 percent. If the
proposal is approved by the Annual Meeting, the dividend will be paid out
on April 25, 2008.

BASF aims to continue to increase its dividend each year, or at least
maintain it at the previous year’s level.

About the stock split:
Following a 1:2 stock split by re-division of the share capital,
shareholders would receive one additional share for each BASF SE share held
without an additional payment. Shares held in the form of American
Depositary Receipts in the United States would also be adjusted
accordingly.

If the proposal is approved by the Annual Meeting, the stock split should
be performed within three months following the Meeting. The goal of the
stock split is to make BASF shares available to an even broader spectrum of
investors. In addition, it reflects the confidence of the Board of
Executives that BASF’s earnings-oriented growth will continue to be the
basis for the positive development of the company’s stock.

Existing employee stock programs would be adjusted accordingly in order to
ensure that their value remains unchanged.

Michael Grabicki, BASF SE, Corporate Media Relations
Tel. 0621/60-99938

21.02.2008 Financial News transmitted by DGAP

Language: English
Issuer: BASF SE
Carl-Bosch-Straße 38
67056 Ludwigshafen
Deutschland
Phone: +49 (0)621 60-0
Fax: +49 (0)621 60-4 25 25
E-mail: [email protected]
Internet: www.basf.com
ISIN: DE0005151005, DE000A0JRFB0, Börse Dublin, Frankfurter Wertpapierbörse, , DE000A0JRFA2, Börse Dublin, Frankfurter Wertpapierbörse, , DE000A0JQF26, Börse Dublin, Frankfurter Wertpapierbörse, , DE000A0EUB86, Frankfurter Wertpapierbörse, , DE0008846718, Frankfurter Wertpapierbörse,
WKN: 515 100, WKN A0JRFB, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0JRFA, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0JQF2, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0EUB8, Frankfurter Wertpapierbörse, , WKN 884671, Frankfurter Wertpapierbörse,
Indices: DAX, EURO STOXX 50
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Hannover, Düsseldorf, Stuttgart, München, Hamburg;
Terminbörse EUREX; Foreign Exchange(s) London, SWX

End of News DGAP News-Service


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