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Bayer CropScience's Vegetable Seed Business Nunhems Acquires US Lettuce Seed Company Paragon Seed
Date:12/12/2007

rther strengthen its portfolio in the vegetable seed business. In early 2007 the company acquired Unilever's processing tomato seed business followed by the acquisition of the assets of the Korean company SeedEx specializing in hot peppers and Brassica varieties in the summer of 2007. In October 2007 Nunhems acquired all assets relating to the asparagus breeding program from the Dutch Teboza Group.

Bayer CropScience AG, a subsidiary of Bayer AG with annual sales of about EUR 5.7 billion (2006), is one of the world's leading innovative crop science companies in the areas of crop protection, non-agricultural pest control, seeds and plant biotechnology. The company offers an outstanding range of products and extensive service backup for modern, sustainable agriculture and for non-agricultural applications. Bayer CropScience has a global workforce of about 17,900 and is represented in more than 120 countries. This and further news is available at: http://www.newsroom.bayercropscience.com.

The company's vegetable seed business operates under the name of Nunhems. Nunhems(R) is the global specialist in vegetable seeds and sharing smart products, concepts and expertise with the professional horticultural production industry and supply chain. Its portfolio includes leading varieties and brands in crops such as leek, onion, carrot, melon, cucumber, tomato, watermelon, lettuce, pepper and chicory witloof. With annual sales of EUR 190 million in 2006, Nunhems is among the world's four leading vegetable seed companies with an extensive range of 28 species and some 2,500 varieties. With more than 1,200 people Nunhems is present in all major vegetable production areas in the world.

Forward-Looking Statements

This news release contains forward-looking statements based on current assumptions and forecasts made by Bayer CropScience AG management. Various known and unknown risks, uncertain
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SOURCE Bayer CropScience
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