EANS-News: K+S Aktiengesellschaft / Acquisition of Morton Salt K+S and Dow Chemical Confirm FTC Clearance

K+S Aktiengesellschaft / Acquisition of Morton Salt

K+S and Dow Chemical Confirm FTC Clearance

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Mergers - Acquisitions - Takeovers/K+S / Morton Salt

Utl.: K+S Aktiengesellschaft / Acquisition of Morton Salt
K+S and Dow Chemical Confirm FTC Clearance =

Kassel (euro adhoc) - Kassel, 28 September 2009

Acquisition of Morton Salt
K+S and Dow Chemical Confirm FTC Clearance

K+S Aktiengesellschaft and The Dow Chemical Company announced
jointly today that the United States Federal Trade Commission (FTC)
has voted to accept a consent decree agreed to by K+S
Aktiengesellschaft.

The acceptance of the consent decree by the FTC clears the parties to
close the acquisition by K+S of Morton International Inc., the salt
business of Rohm and Haas Company. The two companies expect that
the closing of the transaction will take place within the next few
days.

K+S already fulfilled the requirements by the FTC for selling
bulk de-icing salt assets in Maine and Connecticut. The impact on
the business, generated by these divestitures is minor. Following
the acquisition of Morton Salt, K+S will become the largest salt
producer in the world.

Dow will use the USD 1.68 billion in gross proceeds from the sale
of Morton Salt to fully pay off the balance of a bridge loan Dow
used to partially fund its acquisition of Rohm and Haas. The
payoff of this short-term financing facility comes well ahead of
Dow's goal to pay the loan off by the end of the year.

About the K+S Group K+S is one of the world's leading suppliers
of speciality and standard fertilizers, plant care as well as salt
products. With its products and brands, K+S offers its customers a
range of needs-based goods and services which provides growth
opportunities in virtually every sphere of daily life. The K+S
Group employs more than 12,000 people and achieved revenues of just
under EUR 5.0 billion in 2008. K+S is quoted on all German
stock exchanges (ISIN: DE0007162000, symbol: SDF) and listed on
the DAX® share index. More information about K+S can be found at
www.k-plus-s.com.

About The Dow Chemical Company Dow is a diversified chemical company
that combines the power of science and technology with the "Human
Element" to constantly improve what is essential to human progress.
The Company delivers a broad range of products and services to
customers in approximately 160 countries, connecting chemistry and
innovation with the principles of sustainability to help provide
everything from fresh water, food and pharmaceuticals to
paints, packaging and personal care products. In 2008, Dow had
annual sales of about USD 58 billion and employed approximately
46,000 people worldwide. The Company has 150 manufacturing sites in
35 countries and produces approximately 3,300 products. On April
1, 2009, Dow acquired Rohm and Haas Company, a global specialty
materials company with sales of USD 10 billion in 2008, 98
manufacturing sites in 30 countries and approximately 15,000
employees worldwide. References to "Dow" or the "Company" mean The
Dow Chemical Company and its consolidated subsidiaries unless
otherwise expressly noted. More information about Dow can be
found at www.dow.com.

Your contact persons at K+S:
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

Your contact persons at The Dow Chemical Company:
Bob Plishka
Phone: +1 989 638-2288
bplishka@dow.com

Ende der Mitteilung euro adhoc
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ots Originaltext: K+S Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Your contact persons at K+S:

Press:

Michael Wudonig

phone: +49 561 9301-1262

fax: +49 561 9301-1666

michael.wudonig@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