Bayer Eco-Minds 2009 to be held in New Zealand

Two students selected from India to represent the country at the Bayer Eco-Minds forum 2009


Mumbai, 8. May 2009 – The Bayer Group in India has selected two students to represent India at the third Eco-Minds Youth forum for sustainable development, scheduled to be held in New Zealand from May 25 – 30, 2009.

The two students – Aniruddha Sharma and Sruthi Chandrasekaran – were selected after a nation-wide essay competition. Short-listed candidates were then interviewed. Both Aniruddha and Sruthi are from the Indian Institutes of Technology, Karagpur and Chennai respectively.

Aniruddha Sharma is a 4th year student studying Masters in Statistics & Informatics at the Indian Institute of Technology (IIT), Kharagpur. He is an active member of "Clean Techies around the World", a group of entrepreneurs, researchers and professionals developing and using new technologies to save the planet. Aniruddha is interested in studying the impact of the power and industry sectors on global warming. He was invited to San Francisco as a guest to present on “new carbon mitigation technology” at the Cleantech Forum 2009.

Aniruddha is also a co-founder and Vice President of a seed stage company that aims to provide self-developed clean coal technology to power plants and industrial setups for carbon capture.

He is currently developing a first of its kind research facility called 'Carbon Lab' and strongly believes that science and technology holds the key to commercially develop sustainable energy sources in the near future.

Sruthi Chandrasekhar is currently in the third year of a five-year Integrated Masters in Economics from the Indian Institute of Technology (IIT) Chennai. She was part of the team that visited the Landesgartenschau, the regional garden show, Leverkusen / Germany in 2004, as an initiative of the World School Forum where participants discussed the importance of globalisation, its effect on the environment and the need to strike a balance.

Sruthi was chosen as a Climate Champion (2009) by the British Council and TERI (The Energy & Resources Institute) for her business model to make paper bags commercially and economically viable, thereby reducing the use of plastic. She has been selected to attend the Colloquium on Free Market Environmentalism (2009) organised by PERC (Property & Environment Research Centre) in Montana, USA.

Sruthi is passionate about the environment and cautious about protecting the earth's resources. She is committed to bringing about a collective change that is positive through the personal involvement of people around the globe.

The Bayer Eco-Minds program is an initiative resulting from a unique partnership between the United Nations Environmental Program (UNEP) and Bayer. The program aims to foster awareness and knowledge of environmental issues amongst youth in the Asia Pacific region, by providing opportunities for cross cultural and interdisciplinary activities and knowledge sharing on sustainable development. Eco-Minds focuses on Sustainable Development in a unique way by bringing together young scientists, engineers, social scientists, economists, and management experts from different countries to participate in a solution-oriented group work.

The programme encourages the youth to think of creative and practical uses of science and technology in an interdisciplinary way in order to address the challenge of Sustainable Development. While the primary focus of Eco-Minds is on scientific and technical innovations, the initiative also includes consideration of socio-economic and cultural factors at all stages.

Participants this year, will be able to learn more about sustainable energy systems, including New Zealand’s hydro and geothermal supply systems. They will also look at some of the challenges around energy supply, such as climate change, and what practical solutions can be put in place to overcome such challenges.


Bayer: Science For A Better Life

Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. The company’s products and services are designed to benefit people and improve their quality of life. At the same time Bayer creates value through innovation, growth and high earning power. The Group is committed to the principles of sustainable development and to its role as a socially and ethically responsible corporate citizen. Economy, ecology and social responsibility are corporate policy objectives of equal rank. In fiscal 2008, Bayer employed 108,600 people and had sales of €32.9 billion. Capital expenditures amounted to €2.0 billion, R&D expenses to €2.7 billion.

For more information, go to www.bayer.com.

Contact:

Mandira Viegas

Corporate Communications

Bayer Group in India

E-Mail : mandira.viegas.mv@bayer-ag.de

IND–BAG–2009-0117

Forward-Looking Statements
This news release contains forward-looking statements based on current assumptions and forecasts made by Bayer Group management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in our public reports filed with the Frankfurt Stock Exchange and with the U.S. Securities and Exchange Commission (including our Form 20-F).The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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