Final result relating to the tender offer for shares in Kemira GrowHow Oyj by Yara Nederland B.V. 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 that the conditions for the completion of the Tender Offer had been fulfilled, and on 28 September 2007 Yara International ASA announced the preliminary result of the Tender Offer. Yara Nederland B.V.'s ownership, after the completion of the Tender Offer, increases to 97,55 percent of the shares and votes in Kemira GrowHow Oyj, excluding the shares held by Kemira GrowHow Oyj. The ownership share referred above includes the shares acquired by Yara Nederland B.V. on 24 May 2007 from the State of Finland, representing 30.05 percent of all shares and votes in Kemira GrowHow Oyj. The offer consideration shall, in accordance with the terms and conditions of the Tender offer, be paid on 9 October 2007, as estimated, and the interest accrued on the offer consideration on 11 October 2007, as estimated. As Yara Nederland B.V.'s ownership in Kemira GrowHow Oyj, after the completion of the Tender Offer, exceeds 9/10 of the shares and votes in Kemira GrowHow Oyj, Yara Nederland B.V. will initiate a redemption proceeding concerning the remaining minority shares in Kemira GrowHow Oyj in accordance with the Finnish Companies Act. Yara Nederland B.V. may also acquire more Kemira GrowHow Oyj shares from the market. Kemira GrowHow Oyj Heikki Sirviö, CEO For additional information please contact: Kemira GrowHow Oyj Kaj Friman, CFO Tel. (+358) 50 62 626 Distribution Helsinki Stock Exchange Media Kemira GrowHow Oyj is one of the leading producers of fertilisers and feed phosphates in Europe. Kemira GrowHow develops and markets fertilisers and integrated solutions for crop cultivation, animal feed supplements and chemicals required in various industries. The company has approximately 2,500 employees worldwide and in 2006 net sales were 1.2 billion euros. Kemira GrowHow Oyj is listed on the Helsinki Stock Exchange. www.kemira-growhow.com DISCLAIMER This stock exchange release must not be published, released or otherwise distributed in whole or in part in or into the United States, Canada, Japan or Australia.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 stock exchange 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 stock exchange 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.
Final result relating to the tender offer for shares in Kemira GrowHow Oyj by Yara Nederland B.V.
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