The Valence Group Successfully Completes Its Exclusive Financial Advisory Role to Cognis With the Conclusion of the Sale of Its UV Acrylates Business to IGM

LONDON, September 8, 2010 - The Valence Group, the fast growing specialist chemicals M&A advisory
boutique, today successfully completed its advisory role representing Cognis
in the sale of its UV acrylates business to IGM Resins NV. The UV acrylates
business was part of Cognis' Functional Products strategic business unit. The
UV acrylates business manufactures and sells monomers and oligomers for UV
applications marketed under the Photomer brand name. The sale of the UV
acrylates business included the Photomer trademarks, intellectual property,
inventory, and the Charlotte manufacturing site in the US. The manufacturing
employees at this site have been transferred to the new owner, as well as
several business related employees in the US, France and Asia.

Peter Hall, Partner, said: "We are delighted to have had the opportunity
to assist Cognis further its strategic goals; this is another example of the
unique and growing role The Valence Group is playing in the global chemicals
industry."

About The Valence Group

The Valence Group is a specialist M&A boutique offering advisory services
exclusively to companies and investors in the chemicals, materials and
related sectors. The firm has developed broad and deep transactional
expertise: sell-side, buy-side, joint venture, private companies, public
offers, corporate carve-outs, LBOs and management buy-outs. The founders and
senior members of The Valence Group have worked together for between 10 and
15 years and collectively have more than 130 years of transactional
experience gained both at major investment banks and within chemical
companies. The firm's offices are located in London, New York and Shanghai.

www.valencegroup.com

Paul Lakind, Chief Administrative Officer, +1-212-847-7339, plakind at valencegroup.com