At the settlement date of the tender offer set on this day, Axens is holding, in concert with IFP Investissements a total of 4,144,659 shares and 4,219,159 voting rights of Heurtey Petrochem, representing 84.33% of the share capital and 83.55% of the voting rights[1].

Pursuant to the AMF General Regulations, the tender offer will be reopened from January 16th to 27th, 2017 (inclusive), at the same price (25 euros per share). This second round will offer shareholders who have not yet tendered their shares an opportunity to do so at this time.

The offer document related to the takeover bid on Heurtey Petrochem shares approved by the AMF on November 29th, 2016 (visa no. 16-557) and the document « Informations relatives aux caractéristiques notamment juridiques, financières et comptables » related to Axens are available on the websites of the AMF (www.amf-france.org) and of Axens (www.axens.net).

[1]On the basis of a share capital of 4,914,725 shares representing 5,049,572 voting rights in accordance with article 223-11 paragraph 2 of the General Regulations of the AMF as at 31 December 2016, as published by Heurtey Petrochem.

About Axens

Axens, an IFP Group affiliate, is an international provider of advanced technologies, catalysts, adsorbents and services, with a global reputation for basic engineering design excellence. The main scope of Axens' business is focused on the conversion of oil, coal, natural gas and biomass to clean fuels as well as production and purification of major petrochemical intermediates. Axens’ global offer is based on: highly trained human resources, modern production facilities and extensive commercial feedback from plants using our processes and catalysts all around the world.

About Heurtey Petrochem

Heurtey Petrochem is an international oil and gas engineering Group. It is present in two market segments:
- process furnaces for refining, petrochemicals and the production of hydrogen, a domain in which Heurtey Petrochem is a global leader.
- The processing of natural gas through its subsidiary Prosernat. In this sector, the Group operates in both EPC engineering and as a technology licensor.

Heurtey Petrochem performs its activities through a large network of subsidiaries around the world: Brazil, China, India, Korea, Malaysia, Romania, Russia and the United Stated. The group generated a turnover of €420 million in 2015.