BASF appoints new chairman

The Supervisory Board of BASF Aktiengesellschaft has appointed Dr. Jürgen Hambrecht to succeed Dr. Jürgen F. Strube as Chairman of the Board of Executive Directors of BASF Aktiengesellschaft. Eggert Voscherau will become Deputy Chairman. These appointments will become effective as of the end of the Annual Meeting on 6 May 2003.

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