31.07.2008 

Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.

Earnings Forecast: Continued shortage on fertilizer markets / International price level increases further / Strong second quarter foreseeable / Significant increase of profit forecast for the financial year 2008

31.07.2008

The price level on the global fertilizer markets has risen further tangibly. In particular for potash products and against the backdrop of the continuing shortage, it has again recently proved possible to achieve far higher prices in Europe and overseas; for example, K+S yesterday raised the price for potassium chloride (granular MOP) in Europe by a further EUR 40 to EUR 600. Moreover, on the global markets it is foreseeable that a price level of USD 1,000 per tonne of potassium chloride will have been established during the fourth quarter. Furthermore, within the context of the current preparation of the half-yearly financial results, there are indications of a strong second quarter in which fertilizer prices were still far lower. In the light of these developments, the Board of Executive Directors today raises the forecast for the operating earnings EBIT I of 2008 from previously at least EUR 1.1 billion to between EUR 1.4 and EUR 1.6 billion.

Information about the quarterly financial statements Q2/08 will be published on the Internet within the framework of the half-yearly financial reporting on 13 August 2008 at www.k-plus-s.com.

Further inquiry note: Christian Herrmann Investor Relations Telefon: +49(0)561-9301-1460 E-Mail: Christian.Herrmann@k-plus-s.com

end of announcement euro adhoc --------------------------------------------------------------------------------

emitter: K+S Aktiengesellschaft Bertha-von-Suttner-Straße 7 D-34131 Kassel phone: +49 (0)561 9301-1460 FAX: +49 (0)561 9301 2425 mail: christian.herrmann@k-plus-s.com WWW: http://www.k-plus-s.com sector: Chemicals ISIN: DE0007162000 indexes: Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX, Prime All Share stockmarkets: regulated dealing/prime standard: Börse Frankfurt, regulated dealing: Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf, Börse Hannover, Börse München language: English

EAX0031 2008-07-31/12:39

 

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