Ad-hoc | 22 January 2003 16:27

BASF AG english

BASF to continue to buy back shares Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– The Board of Executive Directors of BASF Aktiengesellschaft has decided to buy back up to Euro 500 million in shares. The repurchasing can begin immediately. The aim of buying back shares is to reduce the equity ratio and increase earnings per share. Under its buy-back program for 2002, BASF bought back shares for Euro 500 million. end of ad-hoc-announcement (c)DGAP 22.01.2003 ——————————————————————————– WKN: 515 100; ISIN: DE0005151005; Index: DAX, EURO STOXX 50 Listed: Amtlicher Markt in Berlin, Bremen, Düsseldorf, Frankfurt, Hamburg, Hannover, München und Stuttgart; London; Paris 221627 Jän 03