Platinum Equity Finalizes DyStar Purchase

Platinum Equity, Los Angeles, has completed its purchase of Germany-based DyStar Textilfarben GmbH
& Co. KG from its previous owners – BASF AG, Bayer AG and Hoechst AG, all headquartered in

“We understand that customer relationships are among the most important assets we acquire in
a business,” said Rob Joubran, COO, Platinum, “and we’re going to do everything we can to make sure
the transition is seamless for DyStars customers.”

Platinum has appointed Clemens Willée; Ph.D., CEO of DyStar.

October 2004