Preliminary result Yara Tender Offer for Kemira GrowHow

 | Source: Yara International ASA Yara International ASA

On 21 June 2007 Yara Nederland B.V., a wholly-owned subsidiary of Yara International ASA, launched a mandatory tender offer for all the issued shares in Kemira GrowHow Oyj (the "Tender Offer"). The tender offer period commenced at 9.30 (Finnish time) on 20 July 2007 and the extended offer period ended at 16.00 (Finnish time) on 27 September 2007. On 24 September 2007, Yara International ASA announced in an extended notice to the Oslo Stock Exchange that the conditions for the completion of the Tender Offer had been fulfilled.
 
According to the preliminary outcome of the Tender Offer, the Kemira GrowHow Oyj shares, for which the Tender Offer has been validly accepted in accordance with the terms and conditions of the Tender Offer, represent approximately 97.45 percent of the shares and votes in Kemira GrowHow Oyj, excluding the shares held by Kemira GrowHow Oyj.
 
Yara International ASA will notify the final outcome of the Tender Offer and complete the Tender Offer in accordance with its terms and conditions on or about 4 October 2007.
 
Yara International ASA
Board of Directors
 
 
 


 
Torgeir Kvidal, Investor Relations
Telephone  (+47) 24 15 72 95
Cellular (+47) 91 339 832
E-mail torgeir.kvidal@yara.com
 
Hamed Brodersen, Media Relations
Cellular (+47) 40 468 110
E-mail hamed.mozaffari.brodersen@yara.com
 
 
Yara International ASA is a leading chemical company that converts energy and nitrogen from the air into essential products for farmers and industrial customers. As the number one global supplier of mineral fertilizers and agronomic solutions, we help provide food for a growing world population. Our industrial product portfolio includes environmental protection agents that safeguard air and water purity and preserve food quality. Yara's global workforce of 7,000 employees represents great diversity and talent enabling Yara to remain a leading performer in its industry.
www.yara.com
 
 
 
DISCLAIMER
 
This press release must not be published, released or otherwise distributed in whole or in part in or into the United States, Canada, Japan or Australia. This press release is neither an offer to purchase nor a solicitation for an offer to sell shares, and the Tender Offer will not be made directly or indirectly in the United States, Canada, Japan or Australia or any other jurisdiction where such an offer would violate laws of that jurisdiction. This press release and tender offer will not and may not be distributed, forwarded or transmitted in any way, such as by post, fax, email or telephone, or in any other way to or from areas where it would violate the law.