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Change in BASF’s leadership team


* Successors named for Board members appointed in July

* New Site Manager for Ludwigshafen Verbund site

* Changes in leadership of divisions Legal, Taxes & Insurance, Finance and Strategic Planning & Controlling

BASF has announced the successors to the new members of the Board of Executive Directors who were appointed in July, as well as further changes in its leadership team.

Effective January 1, 2008, Dr. Bernhard Nick (49), Senior Vice President Strategic Planning, will, as President, assume responsibility for the division Verbund Site Management Europe. He will thus become the new Site Manager of BASF’s Ludwigshafen Verbund site, succeeding future Board member Dr. Harald Schwager (47).

Gabriel Tanbourgi (51), head of the Global Procurement & Logistics division will be appointed head of the Fine Chemicals division as of January 1, 2008, thus succeeding future Board member Dr. Wolfgang Büchele (48).

Effective December 1, 2007, Tanbourgi will be succeeded by Dr. Eckhard Müller (56), currently head of the Finance division. In turn, Müller will, as President, be succeeded by Manfredo Rübens (44), Senior Vice President Corporate Controlling, effective November 1, 2007.

Effective December 1, 2007, Dr. Walter Gramlich (56), head of the Intermediates division, will assume responsibility for the Strategic Planning & Controlling division. He succeeds Dr. Rainer Strickler (60), who will retire at the end of the year. On November 1, 2007, Gramlich will be succeeded as President by Dr. Beate Ehle (44), Group Vice President Performance Chemicals for Detergents and Formulators Europe.

From January 1, 2008, Dr. Eckart Sünner (63), BASF’s General Counsel and head of the Legal, Taxes & Insurance division, will focus on his duties as Chief Compliance Officer and will continue to report directly to the Chairman of the Board of Executive Directors in this function. As of the same date, Sünner will be succeeded by Dr. Hans-Ulrich Engel (48). Engel was until recently based in the United States, where, as President, he was responsible for the integration of Engelhard Corporation into BASF. Engelhard was acquired by BASF in 2006.


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