Roche erhöht Angebotspreis für Illumina-Aktien auf 51,00 US-Dollar je Titel

Basel, 29. März 2012

Roche (SIX: RO, ROG; OTCQX: RHHBY) hat den Angebotspreis für den Kauf aller ausstehenden Aktien von Illumina (NASDAQ: ILMN) auf 51,00 US-Dollar je Titel erhöht. Alle sonstigen Bedingungen des Übernahmeangebots bleiben unverändert.

Severin Schwan, Chief Executive Officer von Roche, sagte: „In unseren Diskussionen mit Illumina-Aktionären haben wir festgestellt, dass ein Interesse daran besteht, den Übernahmeprozess zu beschleunigen. Daher erhöhen wir unser Angebot auf 51,00 US-Dollar je Aktie. Wir betonen jedoch, dass wir weiterhin eine einvernehmliche Übernahmevereinbarung anstreben. Wir sehen der Möglichkeit eines raschen Abschlusses, der den Illumina-Aktionären einen sofortigen Gegenwert bietet, zuversichtlich entgegen.“

Kopien des Übernahmeangebotes, des Übermittlungsschreibens („Letter of Transmittal“) und weiterer damit zusammenhängender Dokumente sind bei der US-amerikanischen Börsenaufsichtsbehörde SEC unter http://www.sec.gov verfügbar oder können beim zuständigen Informationsagenten von Roche für das Angebot, MacKenzie Partners, Inc. unter Telefon +1 (212) 929-5500 oder +1 (800) 322-2885 (Gratisnummer) bezogen werden.

Weitere Informationen zur Transaktion, einschliesslich der Angebotsunterlagen, finden sich unter www.transactioninfo.com/roche.

Greenhill & Co., LLC und Citigroup Global Markets, Inc. stehen Roche als Finanzberater zur Seite, und Davis Polk & Wardwell LLP beraten Roche in rechtlichen Fragen.

Nachstehend befindet sich der Wortlaut des Briefes, den Roche am 29. März 2012 an Jay Flatley, President und Chief Executive Officer von Illumina versandt hat:

Dear Jay,

Over the past several weeks, we have had a number of productive discussions with Illumina’s shareholders and we have observed the market reaction to our offer to acquire Illumina. We are also cognizant of your statements that you regarded our offer price of $44.50 as insufficient to provide a basis for discussions between our companies.

In light of this, we are increasing our offer for all outstanding shares of Illumina to $51.00 per share. Our revised offer represents a 15% premium to our offer on January 25, 2012 and a substantial premium of 88% over Illumina’s closing stock price on December 21, 2011, the day before market rumors about a potential transaction between Roche and Illumina drove Illumina’s stock price significantly higher. It also represents a 34.1x multiple of Illumina’s projected forward earnings based upon analysts’ current consensus estimates for 2012.

As you know from our prior communications, it has been and remains Roche’s preference to conclude a negotiated transaction with Illumina. We hope that you will agree that our new price presents a very attractive opportunity to your shareholders and that the interests of your shareholders and the fiduciary responsibilities of you and your Board require that you agree to enter into discussions with us.

If you continue to decline to negotiate with us, we will have no choice but to continue our effort to effect a transaction unilaterally. However, I strongly hope that you will either agree to commence discussions with us now or remove all obstacles so that your shareholders can make their own determinations about the adequacy of our increased offer.

I look forward to hearing from you.

Sincerely

Franz B. Humer
Chairman, Roche Holding Ltd

Über Roche

Roche mit Hauptsitz in Basel, Schweiz, ein führendes, forschungsorientiertes Unternehmen, ist spezialisiert auf die beiden Geschäfte Pharma und Diagnostics. Als weltweit grösstes Biotech-Unternehmen entwickelt Roche klinisch differenzierte Medikamente für die Onkologie, Virologie, Entzündungs- und Stoffwechselkrankheiten und Erkrankungen des Zentralnervensystems. Roche, ein Pionier im Diabetesmanagement, ist auch der weltweit bedeutendste Anbieter von In-vitro-Diagnostik und gewebebasierten Krebstests. Medikamente und Diagnostika, welche die Gesundheit, die Lebensqualität und die Überlebenschancen von Patienten entscheidend verbessern, sind das strategische Ziel der personalisierten Medizin von Roche. 2011 beschäftigte Roche weltweit über 80’000 Mitarbeitende und investierte mehr als 8 Milliarden Franken in die Forschung und Entwicklung. Der Konzern erzielte einen Umsatz von 42,5 Milliarden Franken. Genentech, USA, gehört vollständig zur Roche-Gruppe. An Chugai Pharmaceutical, Japan, hält Roche die Mehrheitsbeteiligung. Für weitere Informationen: www.roche.com.

Alle erwähnten Markennamen sind gesetzlich geschützt.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
THIS ANNOUNCEMENT CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS MAY BE IDENTIFIED BY WORDS SUCH AS “BELIEVES”, “EXPECTS”, “ANTICIPATES”, “PROJECTS”, “INTENDS”, “SHOULD”, “SEEKS”, “ESTIMATES”, “FUTURE” OR SIMILAR EXPRESSIONS OR BY DISCUSSION OF, AMONG OTHER THINGS, STRATEGY, GOALS, PLANS OR INTENTIONS. VARIOUS FACTORS MAY CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY IN THE FUTURE FROM THOSE REFLECTED IN FORWARD-LOOKING STATEMENTS CONTAINED IN THIS DOCUMENT, AMONG OTHERS: (1) ECONOMIC AND CURRENCY CONDITIONS; (2) COMPETITIVE AND TECHNOLOGICAL FACTORS; AND (3) RISKS AND UNCERTAINTIES RELATING TO THE PROPOSED TRANSACTION.

ADDITIONAL INFORMATION AND WHERE TO FIND IT
THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO PURCHASE OR A SOLICITATION OF AN OFFER TO SELL ILLUMINA COMMON STOCK. THE TENDER OFFER IS BEING MADE PURSUANT TO A TENDER OFFER STATEMENT ON SCHEDULE TO (INCLUDING THE OFFER TO PURCHASE, LETTER OF TRANSMITTAL AND OTHER RELATED TENDER OFFER MATERIALS) FILED BY ROCHE WITH THE SECURITIES AND EXCHANGE COMMISSION (SEC) ON JANUARY 27, 2012. THESE MATERIALS, AS THEY MAY BE AMENDED FROM TIME TO TIME, CONTAIN IMPORTANT INFORMATION, INCLUDING THE TERMS AND CONDITIONS OF THE OFFER, THAT SHOULD BE READ CAREFULLY BEFORE ANY DECISION IS MADE WITH RESPECT TO THE TENDER OFFER. INVESTORS AND SECURITY HOLDERS MAY OBTAIN A FREE COPY OF THESE MATERIALS AND OTHER DOCUMENTS FILED BY ROCHE WITH THE SEC AT THE WEBSITE MAINTAINED BY THE SEC AT WWW.SEC.GOV. THE OFFER TO PURCHASE AND RELATED MATERIALS MAY ALSO BE OBTAINED FOR FREE BY CONTACTING THE INFORMATION AGENT FOR THE TENDER OFFER, MACKENZIE PARTNERS, AT (212) 929-5500 OR (800) 322-2885 (TOLL-FREE).

ROCHE HAS FILED A PRELIMINARY PROXY STATEMENT ON SCHEDULE 14A WITH THE SEC ON FEBRUARY 16, 2012 IN CONNECTION WITH ITS SOLICITATION OF PROXIES FOR THE 2012 ANNUAL MEETING OF ILLUMINA (THE “PROXY STATEMENT"). PROMPTLY AFTER FILING A DEFINITIVE PROXY STATEMENT WITH THE SEC, ROCHE WILL MAIL THE PROXY STATEMENT AND A PROXY CARD TO EACH ILLUMINA STOCKHOLDER ENTITLED TO VOTE AT THE 2012 ANNUAL MEETING. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT CAREFULLY AND IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. INVESTORS AND SECURITY HOLDERS MAY OBTAIN A FREE COPY OF THESE MATERIALS (WHEN AVAILABLE) AND OTHER DOCUMENTS FILED BY ROCHE WITH THE SEC AT THE WEBSITE MAINTAINED BY THE SEC AT WWW.SEC.GOV. THE PROXY STATEMENT AND RELATED MATERIALS MAY ALSO BE OBTAINED (WHEN AVAILABLE) FOR FREE BY CONTACTING THE INFORMATION AGENT FOR THE TENDER OFFER, MACKENZIE PARTNERS, AT (212) 929-5500 OR (800) 322-2885 (TOLL-FREE).

ROCHE HOLDING LTD, CKH ACQUISITION CORPORATION AND THE INDIVIDUALS NOMINATED BY CKH ACQUISITION CORPORATION FOR ELECTION TO ILLUMINA’S BOARD OF DIRECTORS (THE “ROCHE NOMINEES") MAY BE DEEMED TO BE PARTICIPANTS IN THE SOLICITATION OF PROXIES FROM ILLUMINA STOCKHOLDERS FOR USE AT THE 2012 ANNUAL MEETING OF STOCKHOLDERS, OR AT ANY ADJOURNMENT OR POSTPONEMENT THEREOF. INFORMATION REGARDING THE ROCHE NOMINEES AND THE DIRECTORS, OFFICERS AND EMPLOYEES OF ROCHE HOLDING LTD AND CKH ACQUISITION CORPORATION WHO MAY BE PARTICIPANTS IN THE SOLICITATION OF PROXIES CAN BE FOUND IN THE ADDITIONAL SOLICITING MATERIAL FILED WITH THE SEC ON FEBRUARY 15, 2012. INVESTORS AND SECURITY HOLDERS CAN OBTAIN ADDITIONAL INFORMATION REGARDING THE DIRECT AND INDIRECT INTERESTS OF THE ROCHE NOMINEES AND OTHER PARTICIPANTS BY READING THE DEFINITIVE PROXY STATEMENT WHEN IT BECOMES AVAILABLE.