Arysta LifeScience Announces Acquisition of Volcano

South Africa Company Extends Arysta LifeScience’s Global Reach

PAU, FRANCE – August 11, 2005 – Arysta LifeScience today announced that it has agreed to acquire 50 percent of Callietha Investments (Pty) Limited, parent company of the Callietha group of companies which includes Volcano Agroscience (Pty) Limited. Volcano will become an affiliate of Arysta LifeScience, managed through the Europe, Africa, Middle East region based in Pau, and will continue to trade under the Volcano name. Terms of the agreement were not disclosed.

“Volcano gives us a strong presence in Southern Africa, with an enviable development and marketing capability,” said Arysta LifeScience President and CEO Chris Richards. “The company has a deep understanding of sugar cane, which is one of our company’s target crops globally. In addition, Volcano has world-class granule formulation technology and capacity which will significantly strengthen our global formulation capability.”

As part of the agreement, Arysta LifeScience will coordinate its activities for Southern Africa through Volcano, and the parties will jointly strengthen their existing global distribution network outside of Southern Africa. Volcano and the Callietha group of companies include products and expertise in an important range of cereals, corn and sugar cane herbicides and an interesting position in the insecticide market.

“Our partnership with Arysta LifeScience is an exciting development in the future prospects of Volcano,” said Chairman Robert Maingard, of the Callietha group. “We look forward to combining the strengths and resources of both partners to enhance our presence in the market.”

“Volcano will provide Arysta LifeScience with the opportunity to grow in Southern Africa and extend our strength in Central, Eastern and Western Africa,” said Eric Barbedette, vice president and CEO of Arysta LifeScience Europe, Africa, Middle East. “The Volcano portfolio is oriented to generic products, so our goal will be to extend our high value products portfolio to them and create greater opportunities for both companies.”

Headquartered in Tokyo, Japan, Arysta LifeScience is the world’s largest privately-held crop protection and life science company with 2004 revenues of ¥103.2 billion (US$1 billion). An entrepreneurial provider of crop protection and life science products in more than 100 countries worldwide, Arysta LifeScience specializes in the marketing and distribution of respected crop protection brands and life science products in harmony with the needs of global producers. More information on the company is available at: www.arystalifescience.com

For more information, please contact:
Eric Barbedette
Vice-president / CEO Arysta LifeScience Europe, Africa, Middle East (EAME)
Direct line tel +33 (0) 5 59 60 92 03
Email: eric.barbedette@arystalifescience.com