Proposed appointment of Rolf-Dieter Schwalb to DSM Managing Board of Directors

21-Aug-2006

The Supervisory Board of DSM announced that it will propose to appoint Rolf-Dieter Schwalb (54) as Member of the Managing Board of Directors and Chief Financial Officer (CFO) of DSM as of October 1, 2006. To this effect a Shareholder Meeting will be scheduled in due course. Mr. Schwalb is currently CFO and Member of the Executive Board of Beiersdorf AG (e.g. Nivea) in Germany.

Mr. Schwalb, born and raised in Germany, is an all round and experienced CFO at Board level with business experience, who masters all the functional areas of the finance function. He has extensive experience with external stakeholders as well as with acquisitions and divestments in various parts of the world, including Asia. Before joining Beiersdorf AG in 1994, Mr. Schwalb had various responsibilities within Procter & Gamble.

Arnold Gratama van Andel, who has been entrusted with the financial tasks of Chief Financial Officer since April 1, 2006, will retire on November 1, 2006.

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