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" Clariant Publishes Mandatory Public Takeover Offer"


Clariant Verwaltungsgesellschaft mbH, Frankfurt am Main, Germany, today published its mandatory public takeover offer to the shareholders of Süd-Chemie AG, Munich, Germany.
The offer has been reviewed and approved by the German Federal Financial Supervisory Board (BaFin).The Managing Board and the Supervisory Board of Süd-Chemie AG are expected to submit a reasoned opinion on this offer within the next few days. The takeover offer proposes purchasing Süd-Chemie shares for EUR 126.38 per share. It begins with today’s publication and will end on 14 June 2011 at 12:00 midnight (CEST).
Clariant’s goal is the complete takeover of Süd-Chemie AG. The takeover document (German only) is published online at http://www.clariant.com/suedchemie-pflichtangebot, by provision of copies issued free of charge by Morgan Stanley Bank AG, Junghofstraße 13-15, 60311 Frankfurt am Main, Germany (available per fax to: +49(0)69-2166-7361 or by sending an e-mail to uebernahmeangebot@morganstanley.com), and by way of announcement in the electronic version of the German Federal Gazette.
On 16 February 2011, the Swiss specialty chemicals company Clariant announced that it had reached an agreement with the major shareholders of Süd-Chemie concerning the acquisition of more than 96% of the shares in Süd-Chemie AG. After Clariant’s general meeting of shareholders on 31 March 2011 approved a capital increase to partially fund the takeover and the takeover was approved by the antitrust authorities on 11 April, Clariant has held a total of 96.15% of Süd-Chemie shares since 21 April 2011.

Munich, 17 May 2011