Assurance statement

Assurance Statement for Cheminova’s stakeholders from independent auditor

We have assessed Cheminova’s 2007 CSR Report for the purpose of expressing an opinion on the accuracy of the descriptions of goal attainment and accounting data contained in the Report.

Applied criteria

The criteria for CSR related goal attainment are stated in the 2006 CSR Report in which goals as well as success criteria for the four focus areas, Business principles, Product stewardship, Production and Supplier management, are presented. The 2006 CSR Report also contains a plan for phase out of Class I products, including criteria for phase out according to product type, year and geographical area.

The criteria for preparation of accounting data contained in the 2007 CSR Report are evident from the accounting policies described on pages 43-45. These contain information concerning which of the Group’s business areas and activities are included in the reporting types of data as well as Management’s reasons for choosing the environmental health and safety data. The data are factored into the Facts: Environment, Health and Safety section on page 27 in accordance with the accounting policies for the data statement described on pages 43-45.

Delegation of responsibility

Company Management is responsible for preparing the 2007 CSR Report, including for setting up registration and internal control systems with a view to ensuring reliable reporting. Company Management is furthermore responsible for specifying acceptable reporting criteria as well as choosing data to be collected. Our responsibility is, on the basis of our work, to express an opinion on the information contained in the 2007 CSR Report regarding goal attainment and accounting data.

Scope of our work

We have planned and completed our work in accordance with the International Auditing Standard ISAE 3000 (assurance engagements other than audits or review of historical financial information) for the purpose of obtaining limited assurance that

• The status of attainment of the established CSR goals for 2007 on page 6 and of the phasing out of Class I products on page 13 is documented and in accordance with the for CSR goals listed criteria which were publicised in the CSR Report.
• The on page 27 presented environmental health and safety data are included in accordance with the criteria stated for preparation of the accounting data of the CSR Report.

The obtained assurance is limited as we have not performed a comprehensive review. Our work has - based on assessment of materiality and risk - included inquiries concerning goal attainment, including obtaining documented confirmations regarding goal attainment from the local management of the Group’s sales companies, interviews with selected key managerial employees responsible for the goal attainment and review of selected documentation. We have made inspection visits to the production companies in India and Denmark as well as to the sales company in Brazil. As described in the accounting policies, the criteria stated concerning statement of environmental health and safety data are primarily assessed from inquiries concerning procedures for calculation and measurement of the concrete data.

Conclusion

Based on our review, nothing has come to our attention causing us to believe that the descriptions covering the status of the established CSR goals for 2007 on page 6 and of phasing out of Class I products on page 13 are not accurate. Furthermore, nothing has come to our attention causing us to believe that the on page 27 stated environmental health and safety data have not been included in accordance with the criteria stated for preparation of the accounting data of the CSR Report.

Copenhagen, April 4, 2008

PricewaterhouseCoopers

Statsautoriseret Revisionsaktieselskab

Michael Nielsson  State Authorised Public Accountant

Birgitte Mogensen State Authorised Public Accountant