As previously stated, EMS-CHEMIE HOLDING AG, Domat/Ems (EMS) will take over AXANTIS HOLDING AG, Riedholz (AXANTIS) now that EMS will hold 76.2 % of all AXANTIS shares following the expiry of the offer period. EMS will hence also assume management responsibility for AXANTIS. The board of directors of AXANTIS has in the meantime announced that it will hold an extraordinary general meeting on 15 March 2001 to reappoint the board of directors. The members of the AXANTIS board will tender their resignation from the board at this general meeting. EMS will propose Christoph Blocher, Peter Matter and Albert Sommerauer as new members of the AXANTIS board, all of which are current members of the EMS board of directors.
