Trading update third quarter

Double digit growth despite of preparations of a successful IPO

The Arseus consolidated turnover amounts to 68.4 million Euro for the third quarter of 2007 and is as such 11% higher than the consolidated turnover figure for the same period last year. Notwithstanding the time consuming preparations of the Arseus IPO, which was realized on October 5, 2007, Arseus has shown a strong performance on operational level. For the second consecutive quarter Arseus realizes a double digit turnover growth. The internal growth (excluding the turnover realized by the Italian company Polichimica, which has been included in this quarter), amounts to 7%.