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                                        Share Buy-Back Program 2015

                                        Repurchase of 2,300,000 shares totals €122.5 million

                                        In accordance with the repurchase program to cover existing option plans which ran between 14 May 2015 and 28 July 2015, DSM repurchased a total of 2,300,000 shares for a combined consideration of €122.5 million.

                                        In accordance with regulations DSM informed the market about the progress made in the execution of this program through weekly press releases.

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