Fthr reSyngentaGlobal Sec Off

AstraZeneca PLC 13 November 2000 Not for distribution or release in whole or in part into or from the United States, Canada, Australia or Japan SYNGENTA SHARES PRICED AT CHF 85 FOR GLOBAL SECONDARY OFFERING AstraZeneca announces that AstraZeneca, Novartis, Syngenta and the Joint Global Co-ordinators have set a price of CHF 85 per share (equivalent to approximately £33.65 and 479.88 SEK per share) and USD 9.63 per ADS for the Global Secondary Offering of Syngenta shares. The price per ADS is based upon the noon buying rate of the New York Federal Reserve Bank on 10 November 2000 of CHF 1.7657 to USD 1. Trading in Syngenta shares is expected to commence on the Swiss, London and Stockholm Stock Exchanges, and Syngenta ADSs on the New York Stock Exchange on 13 November 2000. The syndicate banks are led by the Joint Global Coordinators, Credit Suisse First Boston and UBS Warburg. They will allocate 4,500,000 Syngenta shares (in the form of shares or ADSs) to institutional investors worldwide in the Global Secondary Offering. Following the commencement of trading, the Joint Global Co-ordinators will procure the shares in the Global Secondary Offering either by purchasing Syngenta shares in the open market, or by exercising all or part of the option granted to them by certain Novartis affiliates and related entities. Syngenta intends to implement in the first ten trading days the repurchase of up to 10% of its issued share capital, in full. Syngenta intends to commence the repurchase programme at the earlier of (i) such time as the managers of the Global Secondary Offering have covered their short position by purchasing in the market Syngenta shares distributed to AstraZeneca shareholders, or (ii) on the fourth day of trading. This will be subject to market conditions and all applicable laws and regulations in the relevant jurisdictions, and at the discretion of the Syngenta board. The share repurchase will be funded by Novartis and AstraZeneca. 10 November 2000 Contact: AstraZeneca Michael Olsson Tel.: +44 207 304 5000 Credit Suisse First Boston John Owen Tel.: +44 207 888 5270 UBS Warburg Camilla Brooks Tel.: +44 207 568 2248 The content of this announcement has been approved by each of Credit Suisse First Boston (Europe) Limited and UBS AG, acting through its business group UBS Warburg, each of which is regulated in the UK by The Securities and Futures Authority Limited, solely for the purposes of Section 57 of the Financial Services Act 1986. Each of Credit Suisse First Boston (Europe) Limited and UBS AG, acting through its business group UBS Warburg, are acting for Syngenta AG, Novartis AG and AstraZeneca PLC and no one else in connection with the transactions and will not be responsible to anyone other than Syngenta AG, Novartis AG and AstraZeneca PLC for providing the protections afforded to customers of Credit Suisse First Boston (Europe) Limited or UBS AG, acting through its business group UBS Warburg respectively or for providing advice in relation to the transactions. Prices and values of, and income from, shares can go down as well as up. Past performance is not a guide to future performance. Persons needing advice should consult an independent financial adviser. This release does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any ordinary shares in Syngenta AG or Syngenta ADSs, nor shall it form the basis of, or be relied on in connection with, any contract therefor. Securities in the global secondary offering may not be offered or sold in the United States absent registration or exemption from registration under the U.S. Securities Act of 1933. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about Syngenta and its management, as well as financial statements. Syngenta has filed a registration statement relating to the offering of securities in the United States, which is now effective. The Global Offer Price has been converted into £ at the rate of CHF 2.5258 to £1 and into SEK at the rate of CHF 0.177129 to SEK1.

Companies

AstraZeneca (AZN)
UK 100

Latest directors dealings