+1 - Solvay

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10. Relations with shareholders and investors The Solvay share price can be consulted directly on 2 internet sites: > www.solvay-investors.com > www.euronext.com and Canada) or 1-781-575-4328 (from other countries). 10.3. Flow of financial information 144 The Group thanks its shareholders and all others, in particular journalists and analysts, for their interest they continue to express in Solvay. 10.1. The Solvay share in 2007 After strong growth in the share prince in 2006 (+25%), the stock market in 2007 was marked by a context of uncertainty, in particular at the end of the second half. In contrast, the Group posted excellent earnings and completed several major steps in implementing its strategy of sustainable and profitable growth. The highest price was EUR 123.2 (December 6, 2007), compared with EUR 116.2 in 2006, setting a new record for the Solvay share. The average price was EUR 110.2 (EUR 95.7 in 2006). The lowest price was EUR 92 (November 21 2007) as against EUR 83.1 in 2006. Average daily trading volumes also increased in 2007 to 226 000 shares compared with 181 000 shares in 2006. 10.2. Active financial communication Throughout the year the Investor Relations Team is ready to meet individual and institutional shareholders and investors, to answer their questions and to explain short and long-term developments at the Group to them, with appropriate regard for the equal treatment of all shareholders. The Group’s communication policy is to disseminate, as soon as reasonably possible, information that is of material interest for the market in the form of press releases and/or press conferences. Solvay S.A. Investor Relations Rue du Prince Albert, 33 B-1050 Brussels (Belgium) Telephone: +32 2 509 60 16 Telefax: +32 2 509 72 40 e-mail: investor.relations@solvay.com Internet: www.solvay-investors.com For addition information on ADRs, a telephone hotline is also available at 1-800-428-4237 (from the USA In 2007, the Belgian Financial Analysts’ Association awarded Solvay its prize for the best financial information. Solvay also received the Best Annual Report prize and the prize for the best "Investor Relations" service. This triple award hails the continuous improvements in the flow of financial and strategic information, an increasingly appreciated internet site and a proactive Investor Relations service. In particular, portfolio managers ranked Solvay among the best for quality of relations with management and for the consistency and pertinence of information provided. EUR 140 Share Price Volume 700000 130 600000 120 500000 110 400000 100 300000 90 200000 80 100000 70 J F M A M J J A S O N D 2007 0 Solvay Global Annual Report 2007
Corporate Governance The Solvay share compared with the indexes (2006-2007) 120 116 112 108 104 100 96 92 88 84 80 J F M A M J J A S O N D J F M A M J J A S O N D 2006 2007 Solvay Euronext 100 Stoxx 50 145 10.4. Shareholder Clubs and Individual Investors For many years the Group has maintained very close relations with clubs of individual investors both by taking part in fairs and conferences and by providing regular information on the life of the Group (press releases, the annual report, etc.) on request. In 2007, the Solvay group actively continued its meetings with individual investors. To give examples: • in March 2007, Mr. Christian Jourquin met with some 100 readers of CASH magazine, including members of investor clubs from the Investa and VFB (Flemish Association of Investors and Investors Clubs) federations. The "Share Day", also in March, was a further opportunity to meet Solvay management; • in April 2007, Solvay was present at the ‘Investors' Happening’ organized in Antwerp by the VFB, which every year brings together more than 1 000 participants; • Solvay also took part in meetings of Euronext Brussels, the most recent of which was held in October at Brasschaat in Belgium; • and also visits to the Neder-over- Heembeek research centre in Belgium. 10.5. Roadshows and meetings for professionals Roadshows and meetings with senior Group managers are organized regularly for international professionals (analysts, portfolio managers, press, etc.) In 2007 over 300 contacts were established at meetings and events organized in Europe (Brussels, London, Paris, Frankfurt, Geneva, Zurich, Milan, etc.), the United States and Canada. The annual analysts’ meeting and institutional investors’ meeting - which is also open to the financial press, was attended by over 40 analysts and investors from 9 European countries and the USA. The visit provided an opportunity to examine Group strategy, major changes in the activities portfolio and recent developments. Conference calls with management are also systematically organized, every quarter, to comment on Group results.. 10.6. A specific internet site A dedicated internet site, www.solvayinvestors.com, provides shareholders and investors with the latest published financial and strategic information from the Group. The site informs investors and shareholders of many valuable services, such as the financial servicing department. It also provides useful contacts with chemicals and pharmaceutical analysts who track the Group on a regular basis. Surfers can also join a Shareholders’ and Investors’ Club in order to receive e-mail notification in three languages (French, Dutch, English) of the publication of information of various kinds: agendas of certain meetings, including the Annual Shareholders' Meeting, draft wording of by-law amendments, special reports of the Board of Directors, publication of the annual report, unconsolidated parent company accounts, payment of dividends, etc. 10.7. Quarterly earnings publication Out of a desire to provide ever more finely tuned and regular communication, the Group began in 2003 to publish quarterly results in accordance with International Financial Reporting Standards (IFRS). Solvay Global Annual Report 2007
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Ready for tomorrow Growth, Competit
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Key figures - Solvay Group Financia
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2007 Highlights February Perfluorop
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Strategy Strategy of sustainable an
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Mission, Vision, Values Solvay is a
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Chairmen’s message Resources area
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Strategic Positions of Solvay Chemi
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Financial Statements part 1 Record
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Management Report EUR million 2006
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Management Report Capital expenditu
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Information for Shareholders Curren
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Pharmaceuticals Sector Joachim Adam
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Pharmaceuticals Sector Driving our
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Pharmaceuticals Sector Results in 2
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Pharmaceuticals Sector Suzanne Hatt
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Pharmaceuticals Sector Wolgang Kalb
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Pharmaceuticals Sector Research and
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Chemicals Sector On the path of gro
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Chemicals Sector Driving our strate
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Chemicals Sector expansions were su
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Chemicals Sector Chemicals 37 Ricca
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Chemicals Sector The “Organic”
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Plastics Sector Plastics 41 Our str
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Plastics Sector Driving our strateg
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Plastics Sector SOLVERA ® and FLUO
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Plastics Sector Despite considerabl
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Plastics Sector Dominique Marchand
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New Business Development Thierry De
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New Business Development organized
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Partnership Since 2004, Solvay has
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Sustainable Development The most im
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Sustainable Development The new riv
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Human Resources During the June 200
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Human Resources They are also the
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Financial Financial Statements The
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Financial Goodwill EUR Million Note
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Financial Fair value differences Th
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Financial • IFRIC 14 IAS 19 The L
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Financial • the assets will gener
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Financial Notes to the financial st
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Financial (2) Financial data by reg
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Financial The EUR 123 million of as
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Financial (12b) Deferred taxes on t
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Financial (19) Acquisition / sale o
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Financial The 3-year vesting period
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Financial (23) Goodwill EUR Million
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Financial Finance leases EUR Millio
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Financial The table below shows the
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Page 131 and 132: Corporate Governance Report on the
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Page 155 and 156: Board of Directors 1. Mr. Aloïs Mi
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Page 159 and 160: Financial Glossary ABAF: Belgian Fi
Page 161 and 162: Shareholders’ Diary - Tuesday May
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