Süd-Chemie AG

euro adhoc: Süd-Chemie AG
Mergers - Acquisitions - Takeovers
OEP intends to take over 39% of the shares in Süd-Chemie AG

--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------

15.06.2005

OEP intends to take over 39% of the shares in Süd-Chemie AG

SC-Beteiligungsgesellschaft mbH, Frankfurt am Main, a subsidiary of One Equity Partners LLC (OEP), New York, USA, has reached agreement with Süd-Chemie AG´s three main shareholders, AZ-SDC Vermögensverwaltungsgesellschaft mbH (19%), Possehl Beteiligungsverwaltung GmbH (10%) and BLB-Beteiligungsgesellschaft Jota GmbH & Co. KG Nr. 3 (10%) on taking over a 39% interest at a price of 35 euros per share.

In the second half of July, OEP intends to submit a voluntary takeover bid to all remaining shareholders based on the same price of 35 euros per share. OEP is aiming to acquire a simple majority in Süd-Chemie AG. The company is to remain listed on the stock exchange.

The press release issued by SC-Beteiligungsgesellschaft mbH expressly supports the strategy pursued by Süd-Chemie AG´s Managing Board of expanding the company´s market position via profitable growth and acquisitions.

SC-Beteiligungsgesellschaft mbH is to submit the offer to Germany´s federal financial regulatory authorities (Bafin). Following clearance by Bafin, an official statement is to be issued by the Managing Board and the Supervisory Board. The shareholders must decide within a period to be specified by the bidder in its offer, whether or not to accept the offer. This period may be no less than four weeks and no more than ten weeks.

Munich, 15 June 2005 Süd-Chemie AG, Munich The Managing Board

end of announcement                                                 euro adhoc 15.06.2005 12:39:28
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ots Originaltext: Süd-Chemie AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Patrick Salchow
Tel.: +49 (0)89 5110 250
E-Mail: patrick.salchow@sud-chemie.com

Branche: Chemicals
ISIN:      DE0007292005
WKN:        729200
Börsen:    Berliner Wertpapierbörse
                Bremer Wertpapierbörse (BWB)
                Hamburger Wertpapierbörse
                Frankfurter Wertpapierbörse
                Bayerische Börse



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