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Wacker Chemie AG

EANS-News: ANNUAL SHAREHOLDERS´ MEETING 2010: AFTER A STRONG Q1, WACKER POISED FOR CONTINUED GROWTH

Munich (euro adhoc) -

- EXECUTIVE AND SUPERVISORY BOARDS’ PROPOSALS ADOPTED BY LARGE 
MAJORITY OF SHAREHOLDERS
 - DIVIDEND FOR 2009 AMOUNTS TO €1.20
SALES AND EARNINGS FORECAST FOR 2010 REAFFIRMED
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Annual & Special Corporate Meetings
Subtitle: - EXECUTIVE AND SUPERVISORY BOARDS’ PROPOSALS ADOPTED BY 
LARGE MAJORITY OF SHAREHOLDERS - DIVIDEND FOR 2009 AMOUNTS TO €1.20 -
SALES AND EARNINGS FORECAST FOR 2010 REAFFIRMED
May 21, 2010 - Following a strong first
quarter, Wacker Chemie AG anticipates substantial sales and earnings 
gains for full-year 2010. Rudolf Staudigl, the Munich-based chemical 
company´s CEO, underscored this point at WACKER´s 2010 Annual 
Shareholders´ Meeting. "We are headed toward renewed growth in 2010,"
he explained, reaffirming the full-year forecast. He expects sales to
exceed EUR4 billion and EBITDA (earnings before interest, taxes, 
depreciation and amortization) to grow strongly. Looking at net 
income for the year, WACKER´s CEO predicts a profit in the 
three-digit million range.
Of 2009´s net retained profit of EUR533.4 million (2008: EUR576.9 
million), WACKER is paying out a total of EUR59.6 million (2008: 
EUR89.4 million) to its shareholders. The dividend per 
dividend-bearing share is EUR1.20 (2008: EUR1.80). The Executive and 
Supervisory Boards´ other proposals were also adopted by large 
majorities.
After the challenges of fiscal 2009, WACKER generated strong sales 
and earnings growth in the first quarter of 2010. Sales climbed 22 
percent to EUR1,067.0 million (Q1 2009: EUR872.5 million), primarily 
due to strong customer demand and soaring sales volumes. 
First-quarter EBITDA rose to EUR253.7 million (Q1 2008: EUR157.8 
million), nearly three times the rate of sales.
"It was not just by chance that WACKER weathered the crisis so well. 
Over the past few years, we worked successfully on attaining 
strategic positions that helped us emerge from this difficult period 
unscathed," underlined CEO Rudolf Staudigl at the Annual 
Shareholders´ Meeting in Munich this Friday. WACKER is a cost and 
quality leader in many sectors, possesses outstanding engineering and
process expertise, and has a sound financial base, Staudigl said. He 
emphasized that WACKER is continuing its efforts to cut costs and 
increase productivity.
Resolutions and Voting Results At today´s Annual Shareholders´ 
Meeting, 41,509,268 voting shares were represented - 79.59 percent of
all eligible shares (number of shares outstanding: 49,677,983). The 
voting results were as follows for agenda items 2 through 7:
Item 2: Resolution on the Appropriation of Net Retained Profit The 
Executive and Supervisory Boards proposed that the net retained 
profit for fiscal 2009, amounting to EUR533.4 million, be 
appropriated as follows: EUR59.6 million to be paid to shareholders 
and EUR473.8 million to be carried forward to new account. The 
proposal was adopted. The result was: - 40,536,259 Yes votes (98.06 
percent) - 802,370 No votes
Item 3: Resolution on the Ratification of the Actions of the 
Executive Board The proposal of the Executive and Supervisory Boards 
to ratify the actions of the members of Wacker Chemie AG´s Executive 
Board during fiscal 2009 was adopted. The result was: - 40,080,891 
Yes votes (98.87 percent) - 459,566 No votes
Item 4: Resolution on the Ratification of the Actions of the 
Supervisory Board The Executive and Supervisory Boards´ proposal to 
ratify the actions of the members of Wacker Chemie AG´s Supervisory 
Board during fiscal 2009 was adopted. The result was: - 39,988,831 
Yes votes (98.86 percent) - 460,806 No votes
Item 5: Resolution on the Appointment of Auditor The Supervisory 
Board´s proposal to appoint KPMG AG as auditor for fiscal 2010 was 
adopted. The result was: - 40,407,150 Yes votes (99.68 percent) - 
130,942 No votes
Item 6: Authorization to Acquire Treasury Shares The Executive and 
Supervisory Boards´ proposal to authorize the Executive Board to 
acquire treasury shares representing up to 10 percent of the current 
share capital was adopted. The result was: - 40,087,232 Yes votes 
(96.77 percent) - 1,339,927 No votes
Item 7: Resolution on the Amendment of the Articles of Association of
Wacker Chemie AG to Comply With the German Shareholders´ Rights 
Directive (ARUG) The Executive and Supervisory Boards´ proposal to 
adapt WACKER´s Articles of Association to comply with changes to the 
German Stock Corporation Act (AktG) stemming from the ARUG was 
adopted. The result was: - 40,624,224 Yes votes (99.99 percent) - 
1,413 No votes
Information for editorial offices: All documents relating to Wacker 
Chemie AG´s 2010 Annual Shareholders´ Meeting can be downloaded from 
WACKER´s website (www.wacker.com) under Investor Relations.
This press release contains statements about the resolutions of the 
2010 Annual Shareholders´ Meeting. Said statements are not binding 
and serve the sole purpose of providing an overview. They may not 
always correspond to the exact wording and full extent of the 
resolutions adopted at the Annual Shareholders´ Meeting.
This press release contains forward-looking statements based on 
assumptions and estimates of WACKER´s Executive Board. Although we 
assume the expectations in these forward-looking statements are 
realistic, we cannot guarantee they will prove to be correct. The 
assumptions may harbor risks and uncertainties that may cause the 
actual figures to differ considerably from the forward-looking 
statements. Factors that may cause such discrepancies include, among 
other things, changes in the economic and business environment, 
variations in exchange and interest rates, the introduction of 
competing products, lack of acceptance for new products or services, 
and changes in corporate strategy. WACKER does not plan plan to 
update the forward-looking statements, nor does it assume the 
obligation to do so.
end of announcement                               euro adhoc

Further inquiry note:

Christof Bachmair
Media Relations & Information
Tel.: +49 (0)89 6279 1830
E-Mail: christof.bachmair@wacker.com

Branche: Chemicals
ISIN: DE000WCH8881
WKN: WCH888
Index: Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard

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