• 02.04.2009, 03:03:44
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  • OTE0001

EANS-Adhoc: K+S Aktiengesellschaft / K+S signs agreement with Rohm and Haas, a wholly owned subsidiary of The Dow Chemical Company to purchase U.S. salt producer Morton Salt / Transaction Value of USD 1.675 billion agreed / Closing expected by mid year 2009 / Agreement subject to receipt of required antitrust approvals

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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02.04.2009

On 2 April 2009, K+S Aktiengesellschaft signed an agreement with Rohm and Haas,
a wholly owned subsidiary of The Dow Chemical Company on the purchase of Morton
International, Inc. (Morton Salt). The total transaction value is USD 1.675
billion. The purchase price will be paid in cash. The financing is fully
underwritten by Dresdner Kleinwort, Société Générale and Unicredit (HVB).
Subject to receipt of required antitrust approvals, it is expected that the
closing of the transaction will take place by mid year 2009. The acquisition
will be clearly EPS accretive from 2010 onwards.

Further information about the acquisition of Morton Salt can be obtained from
the K+S website www.k-plus-s.com.

K+S Aktiengesellschaft
Kassel, 2 April 2009
The Board of Executive Directors

End of ad hoc disclosure

Further inquiry note:
Christian Herrmann
Investor Relations
phone: +49(0)561-9301-1460
mail: christian.herrmann@k-plus-s.com

end of announcement euro adhoc
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emitter: K+S Aktiengesellschaft
Bertha-von-Suttner-Straße 7
D-34131 Kassel
phone: +49 (0)561 9301-1460
FAX: +49 (0)561 9301 2425
mail: christian.herrmann@k-plus-s.com
WWW: http://www.k-plus-s.com
sector: Chemicals
ISIN: DE0007162000
indexes: DAX, Midcap Market Index, CDAX, Classic All Share, HDAX, Prime All
Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, regulated
dealing: Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse
Düsseldorf, Börse Hannover, Börse München
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

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