06/26/2007, Duesseldorf, Germany

 

 

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  Corporate Communications, Financial Communications
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Jahr Vermögensverwaltung sells major part of its participation in Henkel

Henkel family increases share of common stock in Henkel KGaA

Jahr Vermögensverwaltung (asset management) GmbH & Co. KG, Hamburg, Germany, a holding of the Hamburg publisher family Jahr, sold a major part of its participation of more than 5 % of the common stock of Henkel KGaA, Düsseldorf, to members of the Henkel family in exchange for Henkel preferred shares. The preferred shares swapped by Jahr are currently being placed by Deutsche Bank through an accelerated offering with institutional investors. The partnership agreement with the participants of the Stock Transfer Restriction Agreement of the Henkel family was terminated by mutual agreement. Jahr Vermögensverwaltung stated that this block of shares is sold solely for internal reasons.

The amount of common stock of 51.48 percent bound under the Stock Transfer Restriction Agreement by members of the Henkel family remains unaffected by this swap.

For more than 130 years, Henkel has been a leader with brands and technologies that make people's lives easier, better and more beautiful.  Henkel operates in three business areas – Home Care, Personal Care, and Adhesives Technologies – and ranks among the Fortune Global 500 companies. In fiscal 2006, Henkel generated sales of 12.740 billion euros and operating profit of 1,298 million euros. Our 52,000 employees worldwide are dedicated to fulfilling our corporate claim, "A Brand like a Friend," and ensuring that people in more than 125 countries can trust in brands and technologies from Henkel.