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Tuesday August 05, 2008

Leverkusen, August 2008 - Effective August 1, 2008, Bayer MaterialScience is raising its sales prices for polymeric and monomeric methylene diphenyl diisocyanate (MDI) and MDI derivatives in the Europe, Middle East and Africa (EMEA) region. The price for MDI will increase by EUR 0.10 per kilogram. The reason for the price rise is the continuing increase of energy and raw material costs. Contractual obligations in existence at the time when the price increase comes into effect are not affected.

About Bayer MaterialScience: With 2007 sales of 10.4 billion euros, Bayer MaterialScience is among the world' s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction and the sports and leisure industries. At the end of 2007, Bayer MaterialScience had 30 production sites and employed approximately 15,400 people around the globe. Bayer MaterialScience is a Bayer Group company.

Find more information at www.bayermaterialscience.com.

Hotline for readers' inquiries: Fax: +49 221 9902 160

Forward-looking statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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