SHAREHOLDER LETTER
(sent to all registered shareholders on February 26, 2009)
February 26, 2009
Enclosed please find an appetizer for Cheminova's CSR report 2008 (Corporate
Social Responsibility) to be released on March 20, 2009, together with the
Auriga Annual Report 2008. Herein is described how Cheminova not only fully
complies with its phase-out plan for class I products but actually is phasing
out three products earlier than the planned deadline, and that we contribute
with a substantial reduction of the CO2 emissions, and that we have
commissioned a new chemical waste incineration plant in India.
Two weeks ago, we announced that we have agreed to acquire another 25%
ownership stake in the Stähler group in Germany so that we shall have ownership
control with 75% of this business while having the right to acquire the
remaining ownership stake in 5 years. This further strengthens our European
business and we shall be better able to pursue a number of synergies. The
announcement can be seen on our website: www.auriga.dk (Danish) and
www.auriga-industries.com (English).
Kind regards,
AURIGA INDUSTRIES A/S
Kurt Pedersen Kaalund
President & CEO
