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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 

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