Mexico  City (Mexico) and Zwolle (The  Netherlands), 15 June 2012 - Reference is
made to the joint press release of Mexichem, S.A.B. de C.V. (Mexichem) and Wavin
N.V. (Wavin) of 24 May 2012 announcing that 97.24% of the issued and outstanding
ordinary  shares  of  Wavin  (the  Shares)  had  been tendered for acceptance to
Mexichem Soluciones Integrales Holding, S.A. de C.V. (the Offeror).
As  a result of the  acquisition of more than  95% of the Shares by the Offeror,
Mexichem  and Wavin jointly announced that the listing and trading of the Shares
on  NYSE Euronext Amsterdam (Euronext) would be terminated. In consultation with
Euronext  it has  been decided  that the  listing will  be terminated on 12 July
2012. The last day of trading of the Shares on Euronext will be 11 July.
In  order to acquire the  Shares not already owned,  the Offeror will initiate a
squeeze-out procedure in accordance with the Dutch Civil Code shortly.

 Further information                        Wavin

 Mexichem

 Enrique Ortega Prieto                      Herbert van Zijl
 Director of Strategic Planning and         Media Relations
 Investor Relations                         Telephone: +31 38 429 4209
 Telephone: +(52 55) 5279 8304              Mobile: +31 6 51461442
 E-mail: eortega@kaluz.com                  E-mail: media@wavin.com

                                            Ton Bruijne
                                            Investor Relations
                                            Telephone: +31 38 429 4357
                                            Mobile : +31 6 51234949
                                            E-mail: InvestorRelations@wavin.com

About Mexichem
Mexichem  is  a  leader  in  plastic  pipe  systems  and  in  the  chemical  and
petrochemical  industry in Latin America, with  more than 50 years of experience
in  the  region  and  33 years  on  the  Mexican  Stock  Exchange  with a market
capitalisation  of approximately EUR 5.0 billion(1).  Mexichem, which exports to
more than 50 countries, and has presence in Latin America, North America, Europe
and  Asia, has an annual turnover of approximately EUR 2.8 billion(2) and EBITDA
of  approximately EUR 594 million(2). With more than 10,000 employees throughout
virtually  the  entire  American  continent,  UK  and Japan, the company has the
largest fluorspar mine in the world and is the only fully integrated coolant gas
producer  in America.  It is  also the  largest producer  of PVC  resin in Latin
America  and contributes  actively to  the development  of the countries through
products  that have a wide  market in the most  dynamic growth sectors including
construction,  housing, drinking water,  and urban sewage  in Mexico, the United
States, UK, Japan and Latin America. More details about Mexichem can be found at
www.mexichem.com.

About Wavin
Wavin  is the leading supplier of plastic  pipe systems and solutions in Europe.
The  company provides  essentials: plastic  pipe systems  and solutions  for tap
water,  surface  heating  and  cooling,  soil  and waste, rain- and storm water,
distribution  of  drinking  water  and  gas  and  telecom applications. Wavin is
headquartered  in Zwolle  (The Netherlands)  and has  a presence  in 25 European
countries.  The company employs approximately  6,000 people and reported revenue
of  approximately  EUR  1.3 billion  for  2011. Outside  Europe, it has a global
network  of  agents,  licensees  and  distributors.  Wavin is listed on the NYSE
Amsterdam  stock  exchange  (WAVIN).  More  details  about Wavin can be found at
www.wavin.com.

(1       )Based on market data from  FactSet as at 1 June 2012. MXN:EUR exchange
rate of 17.60.
(2)   Unaudited financials based on Mexichem full year 2011 results announced on
21 February  2012. MXN:EUR  average  exchange  rate  during  2011 of  17.29 from
FactSet.



Click here to view full press release in PDF format: 
http://hugin.info/143050/R/1619909/517424.pdf



This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Wavin N.V. via Thomson Reuters ONE
[HUG#1619909] 
  

• News Channel