Ad-hoc | 2 November 2006 08:28

BASF AG: Share buyback

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Ad-hoc-Meldung nach § 15 WpHG Share buyback BASF completes €500 million share buyback program and plans to repurchase shares for a further €500 million At the end of October 2006, BASF completed its €500 million share buyback program that it announced in February 2006. Under the program, a total of 7.9 million shares was bought back at an average price of €63.11. The Board of Executive Directors of BASF Aktiengesellschaft, Ludwigshafen, decided on November 2, 2006, to continue with the company’s share buyback program, and to repurchase shares for a further €500 million. The buyback can start immediately and is on the basis of the authorization decided by the Annual Meeting on May 4, 2006. The aim of buying back shares is to limit the equity ratio and increase earnings per share. The shares will be cancelled, thus reducing the share capital of BASF Aktiengesellschaft accordingly. Issuer: BASF Aktiengesellschaft Carl-Bosch-Straße 38 67056 Ludwigshafen Germany ISIN: DE0005151005 Listed: Amtlicher Markt in Frankfurt (Prime Standard), Berlin-Bremen, Düsseldorf, Hamburg, Hanover; Freiverkehr in Munich, Stuttgart; Foreign Exchanges: London Stock Exchange, New York Stock Exchange, Swiss Exchange ISIN: DE000A0JRFB0 Dublin Stock Exchange, Frankfurt Stock Exchange DE000A0JRFA2 Dublin Stock Exchange, Frankfurt Stock Exchange DE000A0JQF26 Dublin Stock Exchange, Frankfurt Stock Exchange DE000A0EUB86 Frankfurt Stock Exchange DE0008846718 Frankfurt Stock Exchange Daniel Smith Phone: +49 621 60-20829 Fax: +49 621 60-92693 daniel.smith@basf.com (c)DGAP 02.11.2006 ————————————————————————— Language: English Issuer: BASF AG Carl-Bosch-Straße 38 67056 Ludwigshafen Deutschland Phone: +49 (0)621 60-0 Fax: +49 (0)621 60-4 25 25 E-mail: info.service@basf-ag.com WWW: www.basf-ag.com ISIN: DE0005151005 WKN: 515 100 Indices: DAX, EURO STOXX 50 Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Hannover, Stuttgart, München, Hamburg; Terminbörse EUREX; Foreign Exchange(s) London End of News DGAP News-Service —————————————————————————