BASF Announces Price Increases

Effective September 1, or as contracts allow, Florham Park, N.J.-based BASF Corp. will implement a
price increase of 6 cents per wet pound in the United States and Canada on all Acronal® and Acronal
Optive® all-acrylic latex products; Acronal styrene-acrylic latex products; and Basonal®
multi-monomer latex products used in fiber bonding, adhesives, paper and construction and
architectural coating markets. The company cited inflation of propylene, styrene and acrylic
monomer costs in announcing the price increase.

August 25, 2009