BASF SE

Registration Form • Jan 14, 2008

News Details

Corporate | 14 January 2008 12:34

BASF AG: BASF now a European Company (SE)

BASF AG / Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Ludwigshafen, Germany – January 14, 2008 – The conversion of BASF
Aktiengesellschaft into a European Company (Societas Europaea, SE) was
officially completed today with the entry of the name in the commercial
register of the Ludwigshafen district court. As of today, the company’s
name is BASF SE. The conversion process thus took less than 12 months: The
Annual Meeting approved the conversion on April 26, 2007, and the employee
participation agreement was reached with employee representatives in
mid-November 2007. The newly constituted Supervisory Board of BASF SE
appointed the members of the Board of Executive Directors of BASF SE on
December 5, 2007. The new commercial register number is HRB 6000.

At a ceremony at the Ludwigshafen district court, Eggert Voscherau, Vice
Chairman of the Board of Executive Directors of BASF SE, thanked everyone
involved in the conversion process: 'This is a historic day for BASF and
its employees. We are the first company in our industry to embody the idea
of Europe through its legal form. At the same time, we are strengthening
the involvement of European employees and improving our corporate
governance.'

The Supervisory Board of BASF consists with immediate effect of 12 members:
six shareholder representatives and six employee representatives. The first
Supervisory Board will govern until the Annual Meeting 2009. Also with
immediate effect, BASF SE has established a new European works council
(BASF Europa Betriebsrat) consisting of 23 members from 12 European
countries. The headquarters and chief administrative offices of BASF SE
will remain in Ludwigshafen.

About BASF
BASF is the world’s leading chemical company: The Chemical Company. Its
portfolio ranges from chemicals, plastics, performance products,
agricultural products and fine chemicals to crude oil and natural gas. As a
reliable partner to virtually all industries, BASF’s high-value products
and intelligent system solutions help its customers to be more successful.
BASF develops new technologies and uses them to meet the challenges of the
future and open up additional market opportunities. It combines economic
success with environmental protection and social responsibility, thus
contributing to a better future. BASF has approximately 95,000 employees
and posted sales of €52.6 billion in 2006. BASF shares are traded on the
stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further
information on BASF is available on the Internet at www.basf.com.
14.01.2008 Financial News transmitted by DGAP

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Language: English
Issuer: BASF AG
Carl-Bosch-Straße 38
67056 Ludwigshafen
Deutschland
Phone: +49 (0)621 60-0
Fax: +49 (0)621 60-4 25 25
E-mail: info.service@basf.com
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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