Süd-Chemie AG

euro adhoc: Süd-Chemie AG
Supervisory Board Chairman Dr. Jürgen F. Kammer stands down

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Supervisory Board Chairman Dr. Jürgen F. Kammer stands down

Dr. Jürgen F. Kammer, Chairman of the Supervisory Board of Süd-Chemie AG advised the Supervisory Board at its meeting held today that he will not be standing for re-election to the Supervisory Board at the forthcoming Annual General Meeting on 13 June 2006.

His decision is due to the new shareholder constellation which has arisen as a result of the former major shareholders, Allianz, Possehl Beteiligungsverwaltung and Bayerische Landesbank, having sold their block of shares (totalling 39.18%) to SC-Beteiligungsgesellschaft mbH, Frankfurt am Main, a subsidiary of One Equity Partners LLC, New York, USA, at the beginning of 2006.

The Supervisory Board and the traditional Süd-Chemie AG shareholders regret Dr. Kammer´s decision in view of his great services to the company as Chairman of the Managing Board for twelve years and for two years as Chairman of the Supervisory Board. The Supervisory Board acknowledged Dr. Kammer´s remarkable achievements for Süd-Chemie, expressing its appreciation and thanks for his service.

A decision on the future composition of the Supervisory Board will be made at the Annual General Meeting to be held on 13 June 2006, when its present term of office will expire. Dr. Dietrich Schulz, for many years Deputy Chairman of the Supervisory Board, will probably become Chairman. The new major shareholder, SC-Beteiligungsgesellschaft mbH, will probably be represented with one seat on the Supervisory Board.

Munich, 7 April 2006

Contact: Patrick Salchow Group Vice President Corporate Public Relations Süd-Chemie AG Phone: +49(0)89 5110-250 Fax: +49(0)89 5110-156

Süd-Chemie (www.sud-chemie.com) is an independent specialty chemical company headquartered in Munich and operating on a worldwide scale. Key markets served by its Adsorbents Division include the consumer-goods, packaging and foundry industries. Products manufactured by the Catalysts Division offer solutions for water treatment, petrochemicals processing, energy storage and hydrogen production, as well as off-gas purification. The common denominator for all its products and innovations is the efficient and sparing use of natural resources to enhance the quality of life for humans and the environment. Sales of EUR933 million were generated in 2005, 80% of these outside Germany. Süd-Chemie employs more than 5,100 people at its more than 70 sales and production sites around the world.

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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:  Börse Berlin-Bremen / regulated dealing
              Hamburger Wertpapierbörse / free trade
              Frankfurter Wertpapierbörse / free trade
              Bayerische Börse / official dealing

Weitere Meldungen: Süd-Chemie AG

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