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Verenium Enters Agreement To Be Acquired By BASF
Date:9/20/2013

n 110,000 employees as of the end of 2012. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

UBS Investment Bank served as financial advisor and Cooley LLP served as legal advisor to Verenium.

About Verenium
Verenium, an industrial biotechnology company, is a global leader in developing high-performance enzymes.  Verenium's tailored enzymes are environmentally friendly, making products and processes greener and more cost-effective for industries, including the global food and fuel markets.  Read more at www.verenium.com.

Note About Forward-Looking Statements
Statements in this announcement that relate to future results and events are forward-looking statements based on Verenium's current expectations regarding the tender offer and transactions contemplated by the merger agreement.  Actual results and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of a number of risks, uncertainties and other factors. There can be no assurances that a transaction will be consummated. Other risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected, including the combined company's position in the strategic enzyme growth market, the combined company's anticipated future financial and operating performance and results and expectations regarding the market and demand for the combined company's products and plans for development and expansion of the combined company's products; that the transaction may not be timely completed, if at all; that, prior to the completion of the transaction, if at all, Verenium may not satisfy one or more closing conditions; that the merger agreement may be terminated; the impact of the current economic environment; and other
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