Ad-hoc | 16 February 2004 08:00

BASF continues its share buy-back program in 2004

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– BASF continues its share buy-back program in 2004 The Board of Executive Directors of BASF Aktiengesellschaft has decided to buy back up to euro500 million in shares in the course of 2004. 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 2003, BASF bought back shares for euro500 million. end of ad-hoc-announcement (c)DGAP 16.02.2004 ——————————————————————————– WKN: 515 100; ISIN: DE0005151005; Index: DAX, EURO STOXX 50 Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München und Stuttgart; London; Paris 160800 Feb 04