Notification concerning annual general meeting held in Auriga Industries A/S

Notification concerning annual general meeting held in Auriga Industries A/S


On April 24, 2007, Auriga Industries A/S held its annual general meeting at the
company's of-fices in Harboøre, Denmark. 

At the general meeting, the Chairman of the Board of Directors, Managing
Director Povl Ulrik Skifter, presented the annual report, mentioning among
other things that: 

Auriga recorded a loss before tax of DKK -92 million for 2006 with Cheminova
recording its worst results ever as a result of unfavourable climatic
conditions and difficult market condi-tions in Brazil. 

Consolidated cash flow from operating activities improved and amounted to DKK
124 mil-lion against DKK 18 million in 2005. 

Cheminova had a difficult situation in most markets and had to make an
extraordinary write-down of DKK 100 million in Brazil. Hardi also recorded a
loss as sales in the three main markets in Australia, France and North America
failed. Skamol saw growth in sales for the most important business segment, the
aluminium industry, and returned satisfactory results. 

The Auriga stock fell by 17 per cent in 2006 after an increase of 67 per cent
the year before. Liquidity remains high, and 11.4 million Class B shares with a
combined trading value of DKK 1.9 billion were traded. 

The divestment of Hardi and Skamol is proceeding according to plan.

Cheminova's corporate social responsibility (CSR) report contains plans, among
other things, for the phasing-out of Class I products and for ensuring the
correct application of these pro-ducts in the phasing-out period. 

All three companies saw growth in the first quarter of 2007 with both revenue
and results exceeding the outlook at the beginning of the year. The outlook for
2007 as a whole is maintained. 

President & CEO Bjørn Albinus presented the income statement and balance sheet
as well as the proposed appropriation of results. 

The general meeting adopted the annual report and the proposal from the Board
of Directors that dividend of DKK 2.40 be paid per share of DKK 10. 

Povl Ulrik Skifter, Ole Steen Andersen, Povl Krogsgaard-Larsen and Ernst
Lunding were up for election. Povl Ulrik Skifter resigned on account of his
age, while  Ole Steen Andersen, Povl Krogsgaard-Larsen and Ernst Lunding were
re-elected, and Karl Anker Jørgensen was elected as a new member of the Board
of Directors. Deloitte, statsautoriseret revisionsaktieselskab, was
re-appointed as auditors. 

A resolution authorising the Board of Directors to let the company acquire
treasury shares repre-senting up to 10 per cent of the share capital was
adopted. 

The resolutions to amend Articles 6, 8.2 and 14 of the Articles of Association
were also adopted. 

The proposal from the Association of Critical Shareholders (Foreningen af
Kritiske Aktionærer) that the general meeting urge Cheminova to immediately
phase out the production and sale of all Class I toxic products was not
adopted. 

On a board meeting, Executive Vice President Ole Steen Andersen was elected
Chairman of the Board of Directors, while Professor Povl Krogsgaard-Larsen was
elected Deputy Chairman. 


AURIGA INDUSTRIES A/S

Ole Steen Andersen					Bjørn Albinus
Chairman of the Board of Directors			President and CEO