First-Half Report 1998 of the EMS group

With its companies combined in EMS-CHEMIE HOLDING AG, the EMS Group with its world-wide activities in the fields of Performance Polymers, Fine Chemicals and Engineering presents its Group accounts as in the previous years according to the International Accounting Standards IAS. The scope of consolidation has experienced a small change: the America business of EMS-TOGO is no longer included in the consolidation scope (since 1 April 1997) as the company was sold to H.B. Fuller, USA, within the framework of a world-wide co-operation agreement.