Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EQS Group
The person with duty of notification is solely responsible for the content
of this announcement.

Details of the person subject to the disclosure requirement
Last name: Börsig
First name: Dr. Clemens

Position: Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument: Share
ISIN/WKN of the financial instrument: DE000BAY0017
Type of transaction: Purchase
Date: 05.03.2014
Price: 100.68
Currency: EUR
No. of items: 298
Total amount traded: 30002.64
Place: Xetra

Information about the company with duty of publication

Issuer: Bayer Aktiengesellschaft
Kaiser-Wilhelm-Allee 1
51373 Leverkusen
ISIN: DE000BAY0017

End of Directors' Dealings Notification 
(c) DGAP 06.03.2014

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