Redemption of bonds 2002-2008

In July 2002 EMS-CHEMIE HOLDING AG issued two bonds on the SWX Swiss Exchange, each for CHF 300 million and each with a six-year maturity.

In the meantime, both bonds have matured. The company financed the bond redemption from its own funds without problem and no refinancing is planned.

The special convertible bond, where the bondholder could choose to acquire EMS or LONZA registered shares instead of receiving a cash redemption, proved to be particularly attractive.