Securing Symrise's Competitive Position

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Symrise and IG BCE (Mining, Chemical and Energy Industrial Union)
Extend Collective Labor Agreement with the Goal of Strengthening the
Company in the Long Term

Symrise and IG BCE are extending their expiring collective labor
agreement. With the conclusion of the agreement, savings of over ¤ 20
million will be generated in the next five years. In return, Symrise
will guarantee jobs at the German locations.

"The extension of the collective labor agreement expiring at the end
of the year is a critical step towards securing Symrise's
international competitive position. It also gives us a great degree
of planning reliability in further implementing our successful
strategy," explains Symrise Chief Executive Officer, Dr. Heinz-Jürgen
Bertram. These savings at the German locations alone guarantee the
ongoing competitiveness of the Company.

Both IG BCE and the Chairman of the general works council, Karl-Heinz
Huchthausen, welcome the agreement. "The concessions by the workforce
at the German locations give consideration to the economic conditions
on one hand, yet on the other still give our employees prospects."

The important parameters are retaining a work week of no less than 40
hours, gradually taking over the pay scale agreements of IG BCE with
fixed deductions and reducing shift differentials to a standard rate.
This will yield the mentioned savings of over ¤ 20 million in the
next five years. In return, Symrise guarantees that its workforce as
of the reporting date of June 30, 2009 will be maintained.

The uncertainties of the economic environment and the continuously
high cost pressure give rise to the need for a reliable basis for
consistently pursuing the long-term Company goals. One particular aim
is to secure the expected growth. The Company also wants to show
stronger development than the market in the future. At the same time,
profitability should be improved.

The new collective labor agreement has a term through December 31,
2014 and replaces the agreement expiring on December 31, 2009.


About Symrise
Symrise is a global supplier of fragrances and flavorings while also
manufacturing raw materials and active ingredients for the perfume,
cosmetics and food industries.

Its sales of ¤1.32 billion in 2008 place the company among the top
four in the international flavors and fragrances market.
Headquartered in Holzminden, Germany, Symrise is represented in more
than 35 countries in Europe, Asia, the United States and South
America.

The number of patent applications the company files each year lies
significantly above the industry average, making Symrise one of the
most innovative manufacturers on the market. Used by manufacturers of
perfumes, cosmetics and foods, our products are an inseparable part
of daily life. At Symrise we combine an awareness of consumer trends
with cutting-edge technologies, focusing on innovative fashion and
lifestyle products that have additional practical value for the
consumer. Symrise - always inspiring more...

www.symrise.com

For further information please contact: Katja Derow, red roses
communications, Tel. ++49 1624311376 ++49 (0) 40-4696770-10, e-mail:
[e-mail]


 
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Symrise AG
Mühlenfeldstraße 1 Holzminden Germany

WKN: SYM999; ISIN: 
DE000SYM9999; Index: MDAX, TecDAX;
Listed: Regulierter Markt in Frankfurter Wertpapierbörse, Freiverkehr 
in Bayerische Börse München, 
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr 
in Börse Berlin, 
Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart, 
Prime Standard in Frankfurter Wertpapierbörse;