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INCOTEC B.V. appoints Chief Financial Officer
Enkhuizen, The Netherlands
November 15, 2004

INCOTEC announces that the company has appointed Mr. Harm Rieske as Chief Financial Officer of INCOTEC Holding B.V. at Enkhuizen, the Netherlands.

Mr. Rieske will be responsible for the world wide financial management of the INCOTEC group which holds companies in the USA, the Netherlands, Brazil, Japan, India and Australia.

Prior to joining Incotec, Mr. Rieske held key financial positions in several international operating companies in the Netherlands including companies active in the agro business.

The President and C.E.O. of INCOTEC Holding B.V. Mr. JanWillem Breukink states:

“Mr. Rieske has a unique combination of commercial and financial knowledge and experience that will serve INCOTEC well as we structure our world wide expansion and growth.”

INCOTEC is a world-wide leader in coating and seed technology serving the vegetable, ornamental and agronomic seed business.

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