Press release
Personal Care
September 24, 2007

Degussa and Goldschmidt are now Evonik

On September 12th, we introduced a new corporate brand: Evonik Industries. Evonik is the creative industrial group for chemicals, energy and real estate – a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Additional information can be found at www.evonik.com.

As part of the brand launch, our company name has changed as well: Goldschmidt GmbH has been renamed Evonik Goldschmidt GmbH. All contract relationships you have with Goldschmidt GmbH to date will remain in place, with Evonik Goldschmidt GmbH. Please reflect this name change in your future correspondence. Because it may take a while for our IT systems to be completely switched to the new corporate brand, it is possible you will receive business documents bearing the Degussa logo in the weeks ahead.

Naturally, you will continue to benefit from our expertise as a leading specialty chemicals company. Your contacts at Evonik will remain the same. We look forward to working as closely with you in the future as we have in the past, with creative ideas, a strong focus on finding solutions, and proven product quality.

Evonik Industries AG

is the creative industrial group which operates in three highly profitable, promising business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self-renewal, and reliability.
Evonik is active in over 100 countries around the world. In fiscal 2006 around 43,000 employees generated sales of €14.8 billion and operating profit (EBIT) of over €1.2 billion. Evonik plans to enter the capital markets in the first half of 2008.

Disclaimer

In so far as forecasts or expectations are expressed in this press release and where our forward-looking statements concern the future, these forecasts, expectations and statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Evonik Industries AG assumes no obligation to update the forecasts, expectations or statements contained in this release.