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Investor Relations Team

Equity Analysts

Numerous financial analysts monitor Henkel’s performance. The following list includes banks and securities companies that publish regular research reports on Henkel. This list does not claim to be complete.


 

 Institution

Name 

 ABN Amro Jeremy Fialko 
 Bankhaus Lampe  Oliver Caspari
 Bear Stearns  Simon Marshall-Lockyer
 Bernstein  Andrew Wood
 Cazenove  Jane Alsop
 Cheuvreux  Martin Rödiger
 Collins Stewart  Rob Mann
 Credit Suisse  Guillaume Dalibot
 Deutsche Bank  Harold Thompson
 DZ Bank  Heinz Müller
 Euromobiliare S.I.M.  Fabio Fazzari
 Exane BNP Paribas  Cedric Besnard
 Goldman Sachs  Elise Badoy
 ING  Marco Gulpers
 JP Morgan   Celine Pannuti
 Kepler Equities  Lutz Grüten
 Landesbank Baden-Württemberg  Iris Schäfer
 Lehman Brothers  Guillaume Delmas
 MainFirst  Ronald Köhler
 Merck Finck  Carsten Kunold
 Merrill Lynch  Nic Sochovsky
 MM Warburg  Sven Dopke
 Morgan Stanley

 Mark Christensen

 NordLB  Martina Noß
 Sal. Oppenheim  Jörg Philipp Frey
 SG Securities  Emmanuel Bruley des Varannes
 Standard & Poors  Carl Short
 UBS Warburg  Eva Quiroga
 Unicredit   Christian Weiz


Analyst Recommendations

 Buy

 44%

 Hold

 37%

 Sell

 19%

Status: April 15, 2008; Source: Henkel


Disclaimer

Please note that any opinions, estimates or forecasts regarding Henkel’s performance made by these institutions or their employees are outside Henkel’s control and are theirs alone and do not represent opinions, estimates or forecasts of Henkel KGaA or its management.

References to such institutions do not imply that Henkel KGaA or its management adopt, support or confirm in any way the recommendation, opinions or conclusions of such institutions or their employees made in respective analyst reports. They are also not meant to be a solicitation or recommendation to buy, sell, or hold securities of Henkel.