SOUTHFIELD, MI, December 17, 2008 – BASF Automotive Refinish today announced that Swedish automaker Volvo has once again approved BASF as a preferred supplier of automotive refinish products, joining the many OEMs around the world that recognize the high quality and performance of both the Glasurit® and R-M® systems.

Approval by the company required passing a number of rigorous tests at Volvo Cars’ Surface Treatment Center, where scientists verified that the finishes met Volvo’s strict internal standards.

“We take great pride in knowing that Volvo has named BASF a preferred supplier for our Glasurit and R-M products,” said Joe Skurka, Manager of OEM & Industry Relations for BASF Refinish. “We have a long-standing history as an approved supplier for the company and look forward to continuing it for many years to come.”

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BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 15,000 employees in North America, and had sales of approximately $16.4 billion in 2007. For more information about BASF’s North American operations, or to sign up to receive news releases by e-mail, visit www.basf.com/usa.

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner, BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges, such as climate protection, energy efficiency, nutrition and mobility. BASF has more than 95,000 employees and posted sales of almost €58 billion in 2007. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.