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Basell Holdings Has Named Chief Financial Officer

December 8, 2005

Alan Bigman, senior vice president of Access Industries, has been named chief financial officer of Basell Holdings, succeeding Wolfgang Mende. Mr. Bigman will also be a member of the company's management board. Mr. Mende, CFO and member of the management board since the formation of Basell in October 2000, will return to Shell as executive vice president finance, Shell Trading.