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By resolution of the Annual General Meeting on 27.04.2007, § 4 (share capital) paragraph 3 was repealed and recast Hrb 18 May 2007 German Trade Register Announcements, Germany (14/05/2007)

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Bayer AG, Leverkusen (Chemiepark Leverkusen Q 26, 51368 Leverkusen). By resolution of the Annual General Meeting of April 27, 2007, Section 4 (share capital) paragraph 3 was repealed and recast. The Board of Management is authorized to raise the share capital until April 26, 2012 with the approval of the Supervisory Board by issuing new ones to the Inh. of the no-par value shares once or several times by up to a total of EUR 195,000,000.00 (Authorised Capital II).

This filing was translated from German to English. The filing refers to a past date, and does not necessarily reflect the current state. The latest known state is available on the following page: Bayer AG, Leverkusen, Germany.