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Dr. Hambrecht and Dr. Kreimeyer Inspected the CompanyMay 27, 2005

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On May 26, 2005, Dr. Hambrecht, Chairman of the Board of Executive Directors of BASF, and Dr. Kreimeyer, Member of the Board of Executive Directors of BASF Inspected the Company.

First of all, Dr. Hambrecht delivered a short speech to the Management of the Company in the D700 Building. He commented on the performance of BASF in the first quarter of this year, emphasizing the importance of strategy to the company's development. Then he said he was deeply impressed by the employees' devotion to their works here and satisfied with the current status of startup and finally he hoped that the Company could move on steadily and surely to guarantee the safe and successful startup of all the plants.

After the speech, accompanied by Dr. Blumenberg, President of the Company, Dr. Hambrecht and Dr. Kreimeyer inspected all the plants in the IPS Site.

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