Presentation documents conference call - K+S Aktiengesellschaft

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K+S Group Acquisition Financing • Enterprise value of USD 1.675 billion • Up to € 1.4 billion debt financing; fully underwritten by Dresdner Kleinwort, Société Générale and Unicredit (HVB) • Acquisition in line with K+S’ stated capital structure targets • No change in K+S‘ dividend policy Tranche A Tranche B Tranche C Structure € 500 million Bridge Loan € 300 million Amortizing Loan € 600 million Revolving Credit Facility Repayment Bullet € 100 million annually Bullet Maturity 1 year + 6 months 3 years 3 years 2 April 2009 K+S Group 13
K+S Group Operational Synergies and Integration Operational synergies • Leverage the leading Morton brands to enhance sales of packaged ISCO de-icing products and water softening salts • Use Morton brand and K+S products as well as K+S know-how in food grade potash to take advantage of the low sodium trend • Optimize logistics of product flows in North and South America (SPL Chile, SDB Brazil and Morton and ISCO North America) Integration • Virtually no overlap in markets • Seasoned local management to drive expansion in North America • Contractual agreement with Rohm and Haas to continue to supply administrative support (Reporting, Treasury, Tax, HR, IT, etc.) for a transition period 2 April 2009 K+S Group 14
Page 1 and 2: ACQUISITION OF MORTON SALT 2 April
Page 3 and 4: K+S Group Agenda • Transaction Hi
Page 5 and 6: K+S Group An Excellent Opportunity
Page 7 and 8: K+S Group Morton Salt Overview •
Page 9 and 10: K+S Group Strengthening the Salt Po
Page 11 and 12: K+S Group The Global Leader in Salt
Page 13: K+S Group Agenda • Transaction Hi
Page 17: K+S Aktiengesellschaft Bertha-von-S

Presentation documents conference call - K+S Aktiengesellschaft

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