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Cognis Appoints New President and a New CAO

Cincinnati, OH -- April 12, 2004--The Cognis Group, a global leader in specialty chemicals and nutritional ingredients, has appointed Paul S. Allen as President of its U.S. subsidiary, Cognis Corporation. At the same time, Gregory E. Pflum is named Chief Administration Officer.

In his role as President, Allen becomes legal head of Cognis Corporation, while retaining his existing responsibilities as global leader of the Cognis Nutrition & Health business unit. Paul reports to Cognis Group CEO, Antonio Trius, who is based at the company’s world headquarters in Düsseldorf, Germany.

In his 25 years of service with Cognis, and predecessor companies, Allen has successfully fulfilled a variety of management positions in Europe and North America. He has spent the last 13 years in the USA and assumed global responsibility for Nutrition & Health in January 2002. Allen is a member of Cognis Group’s Executive Committee. He holds a First Class bachelor’s degree from the University of Bath in England and also attended the Free University of Berlin. He resides in Indian Hill with his wife. They have two sons.

Greg Pflum joined Cognis 15 years ago. Having distinguished himself in a series of manufacturing management and materials management positions, Pflum was elevated to the North American Senior Management Team as Director of Supply Chain Management in 2002.

As CAO for Cognis Corporation, Pflum is based in the Cincinnati office, reporting to Paul Allen. He is responsible for all functions supporting Cognis’ businesses in North America, including legal services, finance, human resources, corporate operations, information technology and communications. Pflum continues as leader of Supply Chain Management in North America.

Pflum holds a Masters Degree in Operations Management from the University of Cincinnati and a Bachelor of Science in Chemical Engineering from Purdue University.

He resides in the West Chester area with his wife and three children.

About Cognis:
Cognis is a worldwide supplier of innovative specialty chemicals and nutritional ingredients with almost 8,600 employees in close to 50 countries. The company has dedicated its activities to a high level of sustainability and delivers natural source raw materials and ingredients for food, nutrition and healthcare markets, and the cosmetics, detergents and cleaners industries. Additionally, Cognis provides solutions for a number of other industries, such as coatings and inks, lubricants, textiles and plastics, as well as agriculture and mining.

Cognis is owned by private equity funds advised by Permira, GS Capital Partners, and Schroder Ventures Life Sciences. In 2003, Cognis recorded sales of 2.95 billion euros and an operating profit before depreciation, amortization and exceptional items (EBITDA recurring) of 312 million euros.

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