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EANS-News: K+S Aktiengesellschaft
Take-up ratio of new shares of 99.42% Rights issue of K+S positively received by shareholders

Kassel (euro adhoc) -

Take-up ratio of new shares of 99.42%
Rights issue of K+S positively received by shareholders
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Capital measures/Financing, Stock Offerings (IPO)/Stock Activity
Subtitle: Take-up ratio of new shares of 99.42%
Rights issue of K+S positively received by shareholders
Kassel, 11 December 2009
Take-up ratio of new shares of 99.42%
Rights issue of K+S positively received by shareholders
The capital increase of  K+S  Aktiengesellschaft,  the  subscription 
period  of which terminated yesterday, was positively received by the
shareholders  of  the company. "We see this as a  clear  
demonstration  of  the  confidence  that  our shareholders and the 
capital market have in the strategy  and  future  of  K+S", explains 
Norbert Steiner, Chairman of the Board of Executive Directors.
Within the framework of the capital increase, 26.4 million new  
ordinary  bearer shares with no-par value, each such share 
representing a notional value of EUR 1.00 of the share capital, and 
carrying full dividend rights as of January 1, 2009 were issued 
against cash contributions. The consortium of banks  consisting of 
Deutsche Bank AG, Morgan Stanley Bank AG and  other  banks  had  
underwritten the new shares at the subscription price of EUR 26.00 
per share and  offered them to the shareholders at a ratio of 25:4. 
The take-up ratio was 99.42%,  with  the remaining shares being sold 
on the stock exchange. From today,  the  new  shares are being  
included  in  K+S  Aktiengesellschaft´s  existing  quotation  on  the
Frankfurt stock exchange as well as on the regional stock exchanges  
of  Berlin, Düsseldorf, Hamburg, Hanover, Munich and Stuttgart.  With
the  registration  of the completion of the capital increase in the 
commercial register on 9  December 2009, the share capital of K+S 
Aktiengesellschaft has risen by  EUR  26.4 million from EUR 165.0 
million to EUR 191.4 million.
"As a result of this capital  measure,  we  assume  that  we  will  
secure  our investment grade rating and, in the medium term, again 
move  towards  the  goals we  have  set  ourselves  for  our  capital
structure",  says  CFO  Jan   Peter Nonnenkamp. The gross proceeds 
from the issue of about EUR 689 million will primarily be used to 
improve the Company's equity base. The proceeds from the capital 
increase  of the Company are intended to create the option  of  
paying  off  the  bank  loans taken out to finance the acquisition of
Morton Salt  and  to  provide  financial and strategic flexibility 
for additional growth in the future.
The two largest shareholders of K+S Aktiengesellschaft, MCC/EuroChem 
and  BASF, have fully participated in the capital increase, so that 
their  share  ratio  in relation to the share capital of the company 
has not changed.
Experience growth The K+S  Group  is  one  of  the  world's  leading 
suppliers  of  standard  and speciality fertilizers. In the salt 
business, measured by  production  capacity, K+S, with sites in 
Europe as well as North and South  America,  is  the  world´s leading
producer. K+S offers a comprehensive range of  goods  and  services  
for agriculture, industry and private consumers which provides growth
opportunities in virtually every sphere of daily life. The K+S Group 
employs more than  15,000 people worldwide and achieved revenues of 
about EUR 5 billion  in  2008.  The K+S share - the only commodities 
stock on the German DAX® index - is listed  on  all German stock 
exchanges  (ISIN:  DE0007162000,  symbol:  SDF).  More  information 
about K+S is available at www.k-plus-s.com.
Your contact persons:
Press:
Michael Wudonig
phone: +49 561 9301-1262
fax: +49 561 9301-1666 
michael.wudonig@k-plus-s.com
Investor Relations:
Christian Herrmann
phone: +49 561 9301-1460
fax: +49 561 9301-2425 
christian.herrmann@k-plus-s.com
This  information  neither  constitutes  a  prospectus,  nor  an  
offer  or   an invitation to purchase shares or other securities 
of K+S Aktiengesellschaft  nor does it replace the prospectus. 
Subject to the approval of  the  Federal  Agency for Financial 
Services  Supervision  (Bundesanstalt  für  Finanzdienstleistungs- 
aufsicht; BaFin), a prospectus was published  before  the  
commencement  of  the subscription  period,   which   is   available 
free   of   charge   from   K+S Aktiengesellschaft  and  the  
underwriting  banks.  This  information  does  not constitute an 
offer to sell or buy securities in the USA, Canada, Australia  and 
Japan. The shares of K+S Aktiengesellschaft are allowed to be  
offered  or  sold in the USA only after prior registration in 
accordance with  the  provisions  of the U.S. Securities Act 1993, as
amended, or on  the  basis  of  a  registration exemption. There will
be no public offering of shares in the USA.
This  information  contains  forward-looking  statements  that  are  
based  upon current views and assumptions of K+S Aktiengesellschaft 
´s management  and  were made to its best knowledge. Forward-looking 
statements are subject to known  and unknown risks, uncertainties and
other factors which could  cause  the  earnings position, 
profitability, performance or the results  of  K+S  
Aktiengesellschaft to differ materially from the earnings position, 
profitability,  performance  or the results expressly or implicitly  
assumed  or  described  in  these  forward- looking statements. In 
consideration of these  risks,  uncertainties  and  other factors, 
persons receiving these documents are advised not to unreasonably  
rely on these forward-looking statements. K+S Aktiengesellschaft does
not assume  any obligation to update such forward-looking statements 
and to adjust them  to  any future results and developments.
end of announcement                               euro adhoc

Further inquiry note:

Your contact persons:
Press:
Michael Wudonig
phone: +49 561 9301-1262
fax: +49 561 9301-1666
michael.wudonig@k-plus-s.com

Investor Relations:
Christian Herrmann
phone: +49 561 9301-1460
fax: +49 561 9301-2425
christian.herrmann@k-plus-s.com

Branche: Chemicals
ISIN: DE0007162000
WKN: 716200
Index: DAX, Midcap Market Index, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / regulated dealing
Hamburg / regulated dealing
Stuttgart / regulated dealing
Düsseldorf / regulated dealing
Hannover / regulated dealing
München / regulated dealing

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