K+S Aktiengesellschaft

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Acquisition of Morton Salt K+S and Dow Chemical Confirm FTC Clearance

K+S Aktiengesellschaft / Acquisition of Morton Salt K+S and Dow Chemical Confirm FTC Clearance

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Mergers - Acquisitions - Takeovers/K+S / Morton Salt

Utl.: K+S Aktiengesellschaft / Acquisition of Morton Salt K+S and Dow Chemical Confirm FTC Clearance =

Kassel (euro adhoc) - Kassel, 28 September 2009

Acquisition of Morton Salt K+S and Dow Chemical Confirm FTC Clearance

K+S Aktiengesellschaft and The Dow  Chemical  Company  announced   jointly  today that the United States Federal Trade Commission (FTC) has  voted  to  accept  a consent decree agreed to by K+S Aktiengesellschaft.

The acceptance of the consent decree by the FTC clears the parties to close  the acquisition by K+S of Morton International Inc., the salt business of  Rohm  and Haas Company. The two companies expect that the closing of the transaction  will take place  within the next few days.

K+S already fulfilled the requirements by the  FTC  for  selling   bulk  de-icing salt assets in Maine and Connecticut. The impact on the business,  generated  by these divestitures is minor. Following the acquisition of Morton Salt, K+S  will become the largest salt producer in the world.

Dow will use the USD 1.68 billion in gross proceeds  from  the  sale of  Morton Salt to fully pay off the balance of a bridge loan Dow used  to  partially  fund its acquisition of Rohm and  Haas.  The   payoff  of  this  short-term  financing facility comes well ahead of Dow's goal to pay the loan off by the  end  of  the year.

About the K+S Group K+S is  one  of  the  world's  leading  suppliers of  speciality  and  standard fertilizers, plant care as well as salt products. With its products and  brands, K+S offers its customers  a range  of  needs-based  goods  and  services  which provides growth opportunities in virtually every sphere of daily life.  The  K+S Group employs more than 12,000 people and achieved revenues of just under EUR 5.0 billion  in  2008.  K+S  is  quoted  on  all  German   stock    exchanges    (ISIN: DE0007162000, symbol: SDF) and listed on the DAX® share index. More  information about K+S can be found at www.k-plus-s.com.

About The Dow Chemical Company Dow is a diversified chemical company that combines the  power  of  science  and technology with the "Human Element" to constantly improve what is  essential  to human progress. The Company delivers a broad range of products and  services  to customers in approximately 160 countries, connecting  chemistry  and innovation with the principles of sustainability to  help  provide   everything  from  fresh water,  food  and  pharmaceuticals  to   paints,  packaging  and  personal    care products. In 2008, Dow had annual sales of about USD  58  billion  and  employed approximately 46,000 people worldwide. The Company has 150  manufacturing  sites in 35 countries and produces approximately 3,300 products.  On  April   1,  2009, Dow acquired Rohm and Haas Company, a global specialty   materials  company  with sales of USD 10 billion in 2008, 98 manufacturing  sites  in  30  countries  and approximately 15,000 employees worldwide. References to "Dow" or  the  "Company" mean  The Dow  Chemical  Company  and  its  consolidated  subsidiaries    unless otherwise  expressly  noted.  More  information  about  Dow  can  be found    at www.dow.com.

Your contact persons at K+S: Press: Michael Wudonig phone: +49 561 9301-1262 fax: +49 561 9301-1666 michael.wudonig@k-plus-s.com

Investor Relations: Christian Herrmann phone: +49 561 9301-1460 fax: +49 561 9301-2425 christian.herrmann@k-plus-s.com

Your contact persons at The Dow Chemical Company: Bob Plishka Phone: +1 989 638-2288 bplishka@dow.com

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ots Originaltext: K+S Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Your contact persons at K+S:
Press:
Michael Wudonig
phone: +49 561 9301-1262
fax: +49 561 9301-1666
michael.wudonig@k-plus-s.com

Branche: Chemicals
ISIN:      DE0007162000
WKN:        716200
Index:    DAX, Midcap Market Index, CDAX, Classic All Share, HDAX,
              Prime All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / regulated dealing
              Hamburg / regulated dealing
              Stuttgart / regulated dealing
              Düsseldorf / regulated dealing
              Hannover / regulated dealing
              München / regulated dealing



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