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September 3, 2003
continued from
page 5

Ladies
and gentlemen,
market conditions for the Crop Science industry have changed
radically in recent years, while still facing considerable
challenges ahead. There will be winners and losers in this
industry characterized by intense competition.
We believe we have aligned ourselves with all critical success
factors to belong to the winners:
- A broad and balanced product portfolio;
- A strong regional presence in our key regions, countries and
crops;
- Leadership in innovation and research;
- Access to the emerging segment of biotechnology;
- A strong presence in highly profitable specialist markets
- and a competitive cost structure and critical mass.
Bayer CropScience will put these strategic elements to use
building strong, predictable and mutually beneficial
relationships with our global customers.

We are
well on track to achieve the goals we have set ourselves:
profitable growth, a strong team and being a "Partner for
Growth" for our customers.
We will move ahead with full momentum, just like the Bayer
CropScience trimaran that you can see on the title page of the
press pack. The trimaran carries the Bayer CropScience logo,
symbolizing our core values: speed, flexibility, team spirit and
cutting edge technology.
We will tackle our forthcoming tasks with the same enthusiasm as
the crew of our boat to stay ahead and come out as the winner.
Thank you very much for your attention.
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