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Henkel KGaA

Henkel signs back-to-back agreement with Akzo Nobel

Düsseldorf (euro adhoc) -

Important step towards acquisition of National Starch businesses
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/Akzo Nobel
Düsseldorf, August 13, 2007
Important step towards acquisition of National Starch businesses
Henkel signs back-to-back agreement with Akzo Nobel
Following approval of the Shareholders' Committee of  Henkel  KGaA,  
Henkel  and Akzo Nobel N.V., Arnhem, The Netherlands, have signed an 
agreement on a back-to- back transaction on August 13, 2007. Under 
the terms of this  agreement,  Henkel will acquire the adhesives  and
electronic  materials  businesses  of  National Starch and Chemical 
Company,  Bridgewater,  N.J.,  USA.  National  Starch  is  a 
subsidiary company of ICI plc,  London,  UK.  The  back-to-back  
transaction  is conditional on the takeover of ICI by Akzo  Nobel.  
If  this  takeover  will  be accomplished, is still uncertain.
The transaction value of these  businesses  is  2.7  billion  GBP  
(close  to  4 billion euros). The National Starch businesses to be 
acquired realized sales  of about 1.26 billion GBP (about 1.85 
billion euros) in 2006.
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  2006,  Henkel generated
sales of 12.740 billion euros and operating profit  of  1,298  
million euros. Our 52,000 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 document  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.
Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), 
if any person is, or becomes, "interested" (directly or indirectly) 
in one per cent or more of any class of "relevant securities" of ICI,
all "dealings" in any "relevant securities" of that company 
(including by means of an option in respect of, or a derivative 
referenced to, any such "relevant securities") must be publicly 
disclosed by no later than 3.30 p.m. (London time) on the London 
business day following the date of the relevant transaction. This 
requirement will continue until the date on which the offer becomes, 
or is declared, unconditional as to acceptances, lapses or is 
otherwise withdrawn or on which the "offer period" otherwise ends.  
If two or more persons act together pursuant to an agreement or 
understanding, whether formal or informal, to acquire an "interest" 
in "relevant securities" of ICI, they will be deemed to be a single 
person for the purposes of Rule 8.3 of the Code. Under the provisions
of Rule 8.1 of the Code, all "dealings" in "relevant securities" of 
ICI by Akzo Nobel or ICI, or by any of their respective "associates",
must be disclosed by no later than 12.00 noon (London time) on the 
London business day following the date of the relevant transaction. A
disclosure table, giving details of the companies in whose "relevant 
securities" "dealings" should be disclosed, and the number of such 
securities in issue, can be found on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk. "Interests in securities" arise, in 
summary, when a person has long economic exposure, whether 
conditional or absolute, to changes in the price of securities.  In 
particular, a person will be treated as having an "interest" by 
virtue of the ownership or control of securities, or by virtue of any
option in respect of, or derivative referenced to, securities. Terms 
in quotation marks are defined in the Code, which can also be found 
on the Takeover Panel's website. If you are in any doubt as to 
whether or not you are required to disclose a "dealing" under Rule 8 
of the Code, you should consult the Panel.
end of announcement                               euro adhoc 13.08.2007 08:29:49

Kontakt:

Henkel Unternehmenskommunikation

Ernst Primosch
Telefon: +49-211-797-3533
Telefax: +49-211-798-2484

Lars Witteck
Telefon: +49-211-797-2606
Telefax: +49-211-798-9208

Wulf Klüppelholz
Telefon: +49-211-797-1875
Telefax: +49-211-798-9208

press@henkel.com

http://henkel.de/presse

Branche: Consumer Goods
ISIN: DE0006048408
WKN: 604840
Index: DAX, HDAX, Prime All Share, CDAX
Börsen: Börse Frankfurt / official dealing/prime standard
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