Naturex, S.A. to acquire Pure World, Inc.

07/06/05 Naturex, S.A. and Pure World, Inc. have jointly announced that they have entered into a definitive agreement for Naturex, S.A. to acquire Pure World, Inc. for U.S. $4.30 per share in cash, or approximately U.S. $36.8 million.

Upon completion of the transaction, expected in late July 2005, Pure World, Inc., headquartered in Bedminster, New Jersey, will become a wholly-owned subsidiary of Naturex, S.A. Pure World, Inc. develops, manufactures and sells botanical extracts which are used by the cosmetic, food, flavor, nutraceutical and pharmaceutical industries to manufacture finished products for the consumer market.

Naturex, S.A. has agreed to commence a tender offer to acquire all of the outstanding shares of common stock of Pure World, Inc., and Paul O. Koether, Chairman of Pure World, Inc., has agreed to tender the shares of common stock beneficially owned by him, representing approximately 42% of the outstanding common stock. The tender offer requires that at least a majority of the shares outstanding on a fully diluted basis be tendered. The transaction, which has been approved by both companies’ board of directors, is contingent upon customary closing conditions.

Naturex, S.A. was advised by Giuliani Capital Advisors LLC and Canec International Ltd. in this transaction. Pure World, Inc. was advised by Adams Harkness, Inc.

Pure World, Inc., through its wholly-owned subsidiary, Pure World Botanicals, Inc., develops, manufactures and sells natural ingredients that principally are derived from plant materials (referred to also as botanicals or herbs) using its proprietary extraction, purification and granulation technologies. Pure World, Inc. has produced more than one thousand botanical extracts which are used by the cosmetic, food and flavor, nutraceutical and pharmaceutical industries to manufacture finished products for the consumer market.

Naturex, S.A. manufactures and sells 100% natural ingredients for the food, flavor and nutraceutical industries. Naturex, S.A. is a preferred provider to the food, flavor and nutraceutical industries and has experienced rapid, regular growth since its establishment in 1992. Naturex is based in Avignon, France and is an international company with nearly 90% of its sales coming from 30 countries outside France. Currently, more than 50% of Naturex’s sales are derived from the United States market. It has facilities in France, Morocco and the United States and a representative office in Singapore.