20.06.2011 

Ad hoc notification in accordance with Section 15 of the German Securities Trading Act (WpHG)

K+S sells COMPO to investment company Triton / Closing of the transaction, with an enterprise value of € 205 million for COMPO, is expected to take place as early as this summer

With the consent of the Supervisory Board, the Board of Executive Directors of K+S Aktiengesellschaft has decided to sell the business activities of COMPO to the European private equity investor Triton. A corresponding sales agreement was signed today. With this step, the examination of a sale of COMPO started last year has reached its conclusion.

The effective economic date of the transfer is 1 March 2011. The closing of the transaction, with an enterprise value of € 205 million for COMPO, is expected to take place as early as this summer. After the deduction of assumed liabilities, K+S expects a cash inflow of probably about € 150 million. The transaction is not subject to a financing condition. The sale is subject to approval by the EU antitrust authority. For K+S, the sale involves a book loss of about € 90 million in the second quarter of 2011. This and the net earnings of COMPO generated this year prior to the closing will from then on be stated as "discontinued operations". In financial year 2010, COMPO generated revenues of € 402.3 million and an EBITDA margin of approximately 4%.

The strategy of the K+S Group provides for growth in the Potash and Magnesium Products and the Salt business segments in particular and for focussing management resources and financial means on this correspondingly.

K+S Aktiengesellschaft
Kassel, 20 June 2011

The Board of Executive Directors

Christian Herrmann, CFA

Head of Investor Relations

Phone: +49 561 9301 1460
christian.herrmann@k-plus-s.com

Christian Herrmann, CFA
Head of Investor Relations

Bertha-von-Suttner Str. 7
34131 Kassel
Germany

Phone: +49 561 9301 1460
Fax: +49 561 9301 2425
christian.herrmann@k-plus-s.com

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Michael Wudonig

Spokesman

Phone: +49 561 9301 1262
michael.wudonig@k-plus-s.com

Michael Wudonig
Spokesman

Bertha-von-Suttner Str. 7
34131 Kassel
Germany

Phone: +49 561 9301 1262
Fax: +49 561 9301 1666
michael.wudonig@k-plus-s.com

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