EANS-News: Annual Shareholders´ Meeting 2009: WACKER Sees Long-Term Opportunities for further Growth

- Executive and Supervisory Boards’ proposals adopted by large
majority of Sharholders
- Dividend for 2008 is €1.80
- Continuátion
of strategic investments in growth segments

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Munich (euro adhoc) - May 8, 2009 - Despite the current recession,
Wacker Chemie AG still sees good long-term opportunities for further
growth in its fields of activity. Rudolf Staudigl, CEO of the
Munich-based chemical company, underscored this point at WACKER´s
2009 Annual Shareholders´ Meeting. "We have a unique product
portfolio, particularly for conserving and sustainably generating
energy. Whether in building insulation or the use of renewable energy
sources such as solar power, WACKER helps save energy and reduce
greenhouse-gas emissions," he said. According to Staudigl, WACKER has
further growth opportunities thanks to increasing global digitization
and rising standards of living in emerging economies. This is why the
Group plans to continue its strategic investment program.

Of 2008´s retained profit of EUR576.9 million (2007: EUR1.09bn),
WACKER is paying out a total of EUR89.4 million (2007: EUR149.0m) to
its shareholders. The dividend per dividend-bearing share is EUR1.80
(2007: EUR2.25). Last year, there was an additional special bonus of
EUR0.75 per share. The Executive and Supervisory Boards´ other
proposals were also adopted by large majorities.

In 2008, WACKER posted new record figures for both sales and
earnings. Sales rose 14 percent to EUR4.3 billion last fiscal year
(2007: EUR3.8bn). EBITDA (earnings before interest, taxes,
depreciation and amortization) rose by over 5 percent to EUR1.06
billion (2007: EUR1.00bn).

Since Q4 2008, the global recession has been increasingly impacting
WACKER´s financial figures. In Q1 2009, sales declined 14 percent
year on year to EUR872.5 million (2008: EUR1,019.5m). EBITDA dropped
to EUR157.8 million (2007: EUR291.1m). The Group´s polysilicon
business made the largest contribution to Q1 2009 sales and earnings.
WACKER POLYSILICON´s sales crossed the EUR300 million mark in a
single quarter for the first time ever and EBITDA rose 136 percent.
Nevertheless, sales and earnings declined significantly at all other
divisions. For full-year 2009, WACKER is expecting markedly lower
sales and operational earnings compared with the prior-year figures.

"WACKER cannot escape the global economic downturn. However, we are
able to mitigate its effects on us," stressed CEO Rudolf Staudigl at
the Annual Shareholders´ Meeting in Munich on Friday. "That is why we
took action beginning from the second half of 2008 by implementing a
package of measures to cut costs, strengthen cash inflow and realign
production to match reduced demand. WACKER is active in numerous
business fields and serves a wide range of sectors. This enables us
to balance risks - an advantage in times like these. The major
megatrends from which we profit remain unchanged. This is why I am
optimistic that we can resume our charted growth path once the global
economy has come out of recession."

Resolutions and Voting Results At today´s Annual Shareholders´
Meeting, 39,593,554 voting shares were represented - 75.92 percent of
all eligible shares (number of shares outstanding: 49,677,983). The
voting results were as follows for agenda topics 2 through 6:

Topic 2: Resolution on the Appropriation of Net Retained Profit The
Executive and Supervisory Boards proposed net retained profit for
fiscal 2008, amounting to EUR577 million, be appropriated as follows:
EUR89.4 million to be paid to shareholders and EUR487.6 million to be
carried forward to new account. The proposal was adopted. The result
was: - 39,577,980 Yes votes (99.99 percent) - 4,630 No votes

Topic 3: Resolution on the Ratification of the Actions of the
Executive Board The proposal of the Executive and Supervisory Boards
to ratify the acts of the members of Wacker Chemie AG´s Executive
Board during fiscal 2008 was adopted. The result was: - 39,428,888
Yes votes (99.89 percent) - 42,726 No votes

Topic 4: Resolution on the Ratification of the Actions of the
Supervisory Board The Executive and Supervisory Boards´ proposal to
ratify the acts of the members of Wacker Chemie AG´s Supervisory
Board during fiscal 2008 was adopted. The result was: - 39,435,363
Yes votes (99.89 percent) - 43,202 No votes

Topic 5: Resolution on the Appointment of Auditor The Supervisory
Board´s proposal to appoint KPMG as auditor for fiscal 2009 was
adopted. The result was: - 39,492,821 Yes votes (99.88 percent) -
48,352 No votes

Topic 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: - 38,626,078 Yes votes
(97.68 percent) - 915,453 No votes

Information for editorial offices: All documents relating to Wacker
Chemie AG´s 2009 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
2009 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 to update the
forward-looking statements, nor does it assume the obligation to do
so.

end of announcement euro adhoc
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ots Originaltext: Wacker Chemie AG
Im Internet recherchierbar: http://www.presseportal.de

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