LÖBBE ELECTED TO BASF

BASF: The supervisory board of BASF
Aktiengesellschaft has appointed
Klaus Peter Löbbe as a member of the
board of executive directors of BASF
Aktiengesellschaft effective Jan. 1,
2002. On March 1, Mr. Löbbe will also
assume responsibility for the newly
created Ressort IX, based in Mount
Olive, NJ. Ressort IX will include the
coatings division as well as the region
North America (NAFTA).
On Jan. 1, Jean-Pierre Monteny,
member of the board of executive
directors of BASF Coatings AG,
assumed responsibility for the coatings
division. The supervisory board of
BASF Coatings will also be recommended
to elect Mr. Monteny as chairman
of the board of executive directors
of BASF Coatings AG.

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