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Henkel KGaA

Henkel closes acquisition of National Starch businesses

Düsseldorf (euro adhoc) -

Adhesives business significantly strengthened
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
finances/Henkel
[pic]Düsseldorf, April 3, 2008
Adhesives business significantly strengthened
Henkel closes acquisition of National Starch businesses
Henkel has taken over from Akzo Nobel the  Adhesives  and  Electronic
Materials businesses previously owned by National Starch. "This 
acquisition  represents  a milestone in our 130-plus-year corporate 
history and points  Henkel  clearly  in the direction of further 
profitable growth," said  Ulrich  Lehner,  Chairman  of the 
Management Board of Henkel KGaA. The acquisition was preceded by the 
carve- out of the businesses to be acquired by Henkel and the 
requisite  antitrust  and anticompetitive investigations by the 
relevant authorities.
In 2007, these two business segments of National Starch generated 
sales of  1.25 billion GBP (about 1.83 billion euros). The purchase 
price was 2.7  billion  GBP (about 3.7 billion  euros).  Following  
the  integration,  annualized  sales  of Henkel's Adhesives 
Technologies business  sector  will  increase  to  about  7.5 billion
euros. Henkel expects synergies from  the  acquisition  of  240  to  
260 million euros per  year  and  anticipates  it  will  realize  the
full  synergy potential from 2011 on.
"We will do everything in our power to integrate  this  excellent  
company  with its outstanding employees and  products  quickly  and  
smoothly",  added  Ulrich Lehner. Henkel will provide an update on 
the integration process  in  connection with the publication of the 
Q1 figures on May 7, 2008.
Market position strengthened
By acquiring the Adhesives  and  Electronic  Materials  businesses  
of  National Starch, Henkel substantially further strengthens its  
leading  position  in  the global  adhesives  markets,  particularly 
in  the   industrial   segment.   The businesses of National Starch 
and the  existing  Henkel  Adhesives  Technologies portfolio 
excellently complement each other.
Within Henkel's Adhesives Technologies business  sector,  the  
acquisition  will have a particular impact on the packaging  and  
wood  adhesives  businesses,  as well as on the electronics business.
Henkel, for example, has very  good  market positions in the  
laminating  adhesives  segment  used  in  the  manufacture  of 
flexible packaging for food products, while  National  Starch  is  a 
leader  in pressure-sensitive adhesives. As a result  of  the  
merger,  these  technologies will be accessible  to  a  larger  
number  of  customers,  while  new  areas  of application are 
expected to be developed. In  the  electronics  field,  National 
Starch offers a specialty adhesive with which electronic chips can be
bonded  on - for example - credit cards, while Henkel markets 
solutions for the  protection of these sensitive chips against 
damaging environmental influences such as  heat or sun radiation. The
combination of the two businesses  now  enables  customers to source 
both solutions from a single supplier.
Henkel also sees a significant strengthening of its regional  market 
positions. The share of sales accounted for by  the  Asia-Pacific  
region  will,  with  the acquisition of the National  Starch  
businesses,  increase  from  8  percent  to around 12 percent, and 
the share of sales of the adhesives business  per  se  in this region
will actually double due to the  already  strong  position  of  both 
companies. At the same time, the strong market position  enjoyed  by 
Henkel  in Europe, particularly in the growth region of Eastern 
Europe,  can  be  leveraged to accelerate expansion  by  enabling  
brands  and  technologies  from  National Starch to be marketed via 
the Henkel  sales  and  distribution  network  already established in
this region.
For more than 130 years, Henkel has been a leader with brands  and  
technologies that make people's lives easier, better and more 
beautiful. Henkel  operates  in three business areas - Home Care, 
Personal Care, and  Adhesives  Technologies  - and ranks among the  
Fortune  Global  500  companies.  In  fiscal  2007,  Henkel generated
sales of 13,074 million euros and operating profit  of  1,344  
million euros. Our 53,000 employees worldwide are dedicated to 
fulfilling our  corporate claim, "A Brand like a Friend," and  
ensuring  that  people  in  more  than  125 countries can trust in 
brands and technologies from Henkel.
This information contains forward-looking statements  which  are  
based  on  the current estimates and assumptions made by the  
corporate  management  of  Henkel KGaA. Forward-looking statements 
are characterized by the use of words  such  as expect, intend, plan,
predict, assume, believe, estimate, anticipate, etc.  Such statements
are not to be understood  as  in  any  way  guaranteeing  that  those
expectations will turn out to be accurate. Future performance  and  
the  results actually achieved by Henkel KGaA  and  its  affiliated  
companies  depend  on  a number of risks and uncertainties and may 
therefore differ materially  from  the forward-looking statements. 
Many of these factors are outside  Henkel's  control and cannot be 
accurately estimated in  advance,  such  as  the  future  economic 
environment  and  the  actions  of  competitors  and  others  
involved  in   the marketplace. Henkel neither plans nor undertakes 
to update  any  forward-looking statements.
Henkel KGaA
Head of Corporate Communications
Ernst Primosch, Corporate Vice President
Press Contact:
Henkel Corporate Communications
Lars Witteck                      Wulf Klüppelholz
Phone: +49-211-797-2606           Phone: +49-211-797-1875
Fax: +49-211-798-9208             Fax: +49-211-798-9208
press@henkel.com
Photo material for download available at http://henkel.com/press
[pic]
end of announcement                               euro adhoc

Further inquiry note:

Irene Honisch
Assistent Corporate Communications
Tel.: +49 (0)211 797-5668
E-Mail: irene.honisch@henkel.com

Branche: Consumer Goods
ISIN: DE0006048432
WKN: 604843
Index: DAX, CDAX, HDAX, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade
Börse Berlin / regulated dealing

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