Acquisition Expands Corn Seed Platform in Europe

Indianapolis, IN - August 30, 2007

Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company, announced today that it will continue to expand its global corn germplasm portfolio and corn business with the acquisition by its affiliate Agrigenetics, Inc. of Duo Maize, a corn germplasm company focused primarily on early maturing germplasm silage applications for northern climates. Duo Maize is based in Rossum, Netherlands.

“The technology will further enhance and expand the strong silage market presence Dow AgroSciences has achieved in the U.S. with our silage specific product line as well as position Dow AgroSciences as a key player in European silage applications along with our existing corn product offering,” said Jerome Peribere, Dow AgroSciences president and chief executive officer. “The Duo Maize technology will complement the breeding program and germplasm we recently acquired from Maize Technologies International (MTI), an Austrian-based corn seed company.”

The agreement includes all of the corn silage germplasm developed by Duo Maize.  

Last year, European Union growers planted approximately 12 million hectares of corn, making it one of the largest corn planting regions in the world. Duo Maize technology will provide a new opportunity for Dow AgroSciences to build its silage and grain corn business as well as to expand usage of its Herculex* brand portfolio of insect resistant technology for which Dow AgroSciences expects European registration soon.

About Dow AgroSciences

Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a top-tier agricultural company providing innovative crop protection, pest and vegetation management, seed, and agricultural biotechnology solutions to serve the world’s growing population. Global sales for Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company, are $3.4 billion. Learn more at www.dowagro.com.

*Trademark of Dow AgroSciences LLC 

For Editorial Information:

Robyn Heine
Dow AgroSciences LLC
(317) 337-4807