News

DSM finalizes sale of urea-licensing business of Stamicarbon to Maire Tecnimont


October 6, 2009


Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, and Maire Tecnimont S.p.A., a leading international engineering and construction group headquartered in Italy, announce that they have finalized today the sale of DSM's urea-licensing subsidiary Stamicarbon B.V. to Maire Tecnimont.

An agreement for the sale was announced on 29 July 2009. With the closing of the acquisition, Maire Tecnimont will fully consolidate Stamicarbon B.V. from today (6 October) onwards. Intesa Sanpaolo provided the financing to Maire Tecnimont to undertake the operation.

Stamicarbon employs about 50 top people in urea licensing, almost all of which are engineers and technical staff. Stamicarbon licenses patented technology and proprietary know-how to existing and prospective urea producers. Stamicarbon is the world market leader in urea licensing with more than 50% market share. We will continue investing in innovation, in our relationship with our partners and customers and in our commitment to the urea licensing business.

Stamicarbon will be a separate company within the Maire Tecnimont Group continuing the licensing of our technologies directly and in cooperation with all of our licensed contractors.

Maire Tecnimont was advised on the transaction by the following firms: Banca IMI, Studio Legale Santucci, Bonelli Erede Pappalardo and KPMG Transaction Services.

Maire Tecnimont

Maire Tecnimont S.p.A. is the parent company of an international industrial group which provides a comprehensive, integrated system of services and installations in four sectors: Chemicals and Petrochemicals, Oil & Gas, Power, Civil Engineering and Infrastructure. The Group has established itself thanks to advanced skills in Project Management and Main Contracting, by implementing complex turnkey projects all over the world, combining high quality and planning standards with a focus on multicultural and environmental issues. The Group, listed on the Milan Stock Exchange, with a presence in 24 countries and 4 continents, currently controls 37 operating companies and can rely on a workforce of 4,300 employees, more than half of whom are outside Italy. At 31 December 2008, the Group reported revenues of EUR 2,463 million and net income of EUR 117 million. For more information: www.mairetecnimont.it.

Stamicarbon

Stamicarbon B.V. is the global market leader in developing and licensing urea technologies and services, delivering optimum environmental performance, safety, reliability and productivity at the lowest investment level. Stamicarbon's services include a unique Full Life Cycle Support service to assist customers throughout the life cycle of a urea plant. Working in close cooperation with licensees, contractors, suppliers and research institutes, the company is constantly developing new processes and upgrading existing technologies. www.stamicarbon.com.

DSM - the Life Sciences and Materials Sciences Company

Royal DSM N.V. creates innovative products and services in Life Sciences and Materials Sciences that contribute to the quality of life. DSM's products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and more enjoyable way of life. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrical and electronics, life protection and housing. DSM has annual net sales of EUR 9.3 billion and employs some 23,500 people worldwide. The company is headquartered in the Netherlands, with locations on five continents. DSM is listed on Euronext Amsterdam. More information: www.dsm.com

For more information:

DSM Corporate Communications

Herman Betten
Tel. +31 (0) 45 578 2017
Fax +31 (0) 45 574 0680
E-mail media.relations@dsm.com

DSM Investor Relations

Hans Vossen
Tel. +31 (0) 45 578 2864
Fax +31 (0) 45 578 2595
E-mail investor.relations@dsm.com

Communication Office
Carlo Nicolais
Tel. +39 06 412 235 728
Fax + 39 06 412 235 642
E-mail comunicazione@mairetecnimont.it

Investor Relations
Lawrence Y. Kay
Tel. +39 06 412 235 536
Fax + 39 06 412 235 644
E-mail investor-relations@mairetecnimont.it

Image Building
Simona Rffaellli, Alfredo Mele
Claudia Arrighini
Tel. +39 02 890 11300
E-mail mairetecnimont@imagebuilding.it


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