Henkel: Sale of Cognis successfully completed

03-Dec-2001

Düsseldorf - States Dr. Ulrich Lehner, President and CEO of the Henkel Group: "Our focus is now on our two strategic businesses Brands and Technologies. With the proceeds from the sale of Cognis we will strengthen our existing businesses and ensure our long-term growth." Henkel is a specialist in brands and technologies operating worldwide with affiliates in over 75 countries. The Company is the market leader in adhesives and Surface Technologies. In Laundry & Home Care and in Cosmetics/Toiletries Henkel holds a leading position in Europe. With 60,475 employees, Henkel generated sales of 12.8 billion euro in 2000. In the first nine months of 2001, the Company realized sales of 10.0 billion euro. Any forward-looking statements contained in this press release represent our best judgement as to what will occur in the future. The Company's actual results could differ materially from those contained herein and will depend on a number of competitive and economic factors, some of which will be outside the control of the Company.

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