SOURCE: Pink Sheets, LLC

December 10, 2007 10:32 ET

BASF Joins International OTCQX

NEW YORK, NY--(Marketwire - December 10, 2007) - Pink Sheets, LLC, the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that BASF (PINKSHEETS: BASFY), the world's leading chemical company based in Germany, has upgraded its American Depositary Receipt (ADR) program to International OTCQX. BASF's American Depositary Shares (ADSs) are now trading on International PremierQX, the highest OTC market tier, under the ticker "BASFY." Beginning today, investors can find real-time quotes, disclosure and financial information about BASF at and

"We are proud to welcome a global company of BASF's caliber to the International OTCQX market tier," said R. Cromwell Coulson, Chairman and CEO of Pink Sheets LLC. "We look forward to working with BASF to continue to increase U.S. investor awareness and trading visibility in the ADR OTC market."

BASF delisted its ADSs from the New York Stock Exchange. The delisting became effective on September 6, 2007. As of this date, BASF's ADSs have been trading on Pink Sheets before upgrading today to International OTCQX.

The Bank of New York Mellon continues to serve as BASF's Depositary Bank, responsible for all shareholder services around the company's Level 1 ADR program.

About BASF

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF's high-value products and intelligent system solutions help its customers to be more successful. BASF develops new technologies and uses them to meet the challenges of the future and open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. BASF has approximately 95,000 employees and posted sales of EUR 52.6 billion in 2006. BASF shares are currently traded on the stock exchanges in Frankfurt (BAS), London (BFA), Zurich (AN). Further information on BASF is available on the Internet at

About OTCQX and International OTCQX

OTCQX and International OTCQX are new market tiers launched by Pink Sheets, LLC in March 2007 that aim to separate out companies worthy of investor consideration from the thousands of economically distressed and speculative companies trading over-the-counter (OTC). Similar to the Nomad system of the London Stock Exchange's Alternative Investment Market (AIM), OTCQX companies must nominate a Designated Advisor for Disclosure (for U.S. companies) or Principal American Liaison (for international companies) to list on OTCQX. This community of trusted advisors work closely with a company's management to increase investor confidence and close the credibility gap in the OTC market. For more about OTCQX and International OTCQX, visit

About Pink Sheets LLC

Pink Sheets, LLC is the leading electronic inter-dealer quotation system, trading technology and financial information provider for the over-the-counter (OTC) securities markets. Its centralized information network includes services designed to benefit market makers, issuers, brokers and OTC investors. Pink Sheets information enhances the efficiency of OTC trading, provides better executions for OTC investors and improves the capital formation process for OTC issuers. For more information visit the Pink Sheets website at

Contact Information

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