Press Release

| July 5, 2011

Dewey & LeBoeuf Secures Italian Antritrust Authority Victory for Clients Against Bayer AG

(Rome, July 5, 2011) – Dewey & LeBoeuf has advised Sapec Agro, Industrias Afrasa, Proplan and Probelte in Italian Antitrust Authority proceedings against Bayer AG. The Authority ruled in favour of the firm's clients today, ordering Bayer to pay a €5 million fine.

The proceedings were initiated following a complaint lodged by Sapec that Bayer had abused its dominant position by refusing to grant access to certain studies on vertebrates, which were necessary for the above mentioned companies to renew authorizations for the sale of plant protection products containing fosetyl. This resulted in the companies being excluded from the relevant market.

The Dewey & LeBoeuf team comprised practice head Rino Caiazzo with Associate Kathleen Stagi.

For more information, please contact your Dewey & LeBoeuf relationship partner, or one of the following:

Rino Caiazzo

+39 06 4520 6220

Kathleen Stagi

+39 06 4520 6220

This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent. For further information on Dewey & LeBoeuf, please visit www.dl.com. +1 888 532 6383