RAG moves on Degussa

RAG Aktiengesellschaft, Essen, Germany (RAG), which holds a 50.1 percent interest in Degussa AG through its wholly owned subsidiary RAG Projektgesellschaft mbH, announced plans to acquire all remaining shares in Degussa.

The 42.86 percent of Degussa’s capital stock held by E.ON AG will be divested to RPG effective July 1, 2006. RAG intends to make a voluntary public offer to all other Degussa shareholders via RPG to acquire their shares. Once the public offer has been completed, RAG intends to launch a squeeze-out of minority shareholders in Degussa.

For more information, visit www.degussa.com.

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