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Decision from the European Commission regarding anti-trust practices in the sodium chlorate market

13 Jun 2008 - Arkema notes the European Commission's decision relating to past anti-trust practices in the sodium chlorate market, and confirms that this fine will have no impact on the Company's results. The European Commission has just imposed on Arkema France and its former parent company Elf Aquitaine a total fine of 59.02 million euros for past anti-trust practices in the sodium chlorate market over the 1995-2000 period. This fine will have no impact on Arkema's result bearing in mind both the provisions already booked and the warranty agreed with Total, on the occasion of the spin-off.
 
Once Arkema receives the full decision, it may consider whether to lodge an appeal with the European Court of First Instance.
 
From its creation in October 2004, Arkema has clearly stated that it condemns concerted practices and is committed to establishing commercial relations based on strict compliance with competition rules, as set out in its Compliance Program.