FOR IMMEDIATE RELEASE

Corn Growers, BASF Team Up on Agriculture Scholarship Program

ST. LOUIS (November 7, 2007) – The National Corn Growers Association and BASF Corporation have joined forces to award five $1,000 scholarships annually to deserving undergraduate and graduate students pursuing a degree in an agriculture-related field. 

“As we look back to where the agriculture industry has come from ….and where it is expected to go in the next decade, it’s clear that education is a critical key to success,” said Andy Lee, Director, U.S. Business Operations, Crop Protection Products for BASF.  “We are very pleased to support the National Corn Growers Association with scholarships for deserving students who are the future of agriculture.”

“A solid education will help tomorrow’s agricultural leaders excel in a world of increased technological and scientific sophistication,” said Matt Gibson, chair of the NCGA’s Grower Services Action Team and a farmer from Morocco, Ind. “We’re proud to support this program to help young growers get the academic background they need to advance our industry.”

Applicants for the NCGA Academic Excellence in Agriculture Scholarship Program must be entering at least their second undergraduate year, and they, or a parent or legal guardian, must be an NCGA member. Scholarship applications must be postmarked on or before Jan. 11, 2008. Complete rules are in the application packet at www.ncga.com/scholarship.

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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 over 95,000 employees and posted sales of €52.6 billion (approximately $66.1 billion) in 2006. Further information on BASF is available on the Internet at www.basf.com.

The National Corn Growers Association’s mission is to create and increase opportunities for corn growers. NCGA represents more than 33,000 members and 48 affiliated state organizations and hundreds of thousands of growers who contribute to state checkoff programs. For more information on NCGA, log on to www.ncga.com.