Stmnt re Divestment

AstraZeneca PLC 30 October 2000 DIVESTMENT OF ZENECA'S ACETOCHLOR BUSINESS AstraZeneca PLC announces that Zeneca Agrochemicals has agreed to sell its worldwide acetochlor herbicide business to Dow Agrosciences LLC. The divestment is made to comply with the regulatory requirements of the Federal Trade Commission (FTC) and the European Commission in connection with the formation of Syngenta. The terms of the divestment are not being disclosed. Syngenta will be formed upon the demerger and merger of AstraZeneca's agrochemicals business and Novartis' crop protection and seeds business, which is scheduled to take place in the near future. For further information: Michael Olsson: Tel. +44 (0)20 7304 5087 Ed Seage: Tel +44 (0)20 7304 5101 Jorgen Winroth: Tel. +1 609 896 4148

Companies

AstraZeneca (AZN)
UK 100