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SYNGENTA ISSUES UPDATE ON ITS ACQUISITION OF DEVGEN
Source: Syngenta news release

Syngenta announced today that, upon closing of the mandatory reopening of its bid for Devgen, 98.32% of the total number of shares in Devgen have been tendered. Payment for the shares already tendered will take place on January 30, 2013.

As Syngenta has now acquired more than 95% of the shares in Devgen, it will proceed with a simplified squeeze-out in order to acquire by operation of law the remaining shares and warrants. The squeeze-out will take place from February 6, 2013 until February 26, 2013 (16:00 Central European Time) and will be settled on March 8, 2013. Upon settlement of the squeeze-out, all the shares will have been acquired by Syngenta and will be automatically delisted from NYSE Euronext Brussels.

The prospectus relating to the tender offer and the Devgen Board memorandum of response recommending the offer were approved by the Belgian Financial Markets and Services Authority on November 8, 2012. The acceptance procedures are described in the prospectus, which is available at no cost at the counters of the receiving and paying agent, KBC Bank NV or KBC Securities NV (or via +32(0)3 283 29 70).

An electronic version of the prospectus is also available on the following websites: www.kbc.be, www.kbcsecurities.be and www.syngenta.com.


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