Bayer Aktiengesellschaft 

30.09.2014 14:27

Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------


Following a review, conducted in close collaboration with the Bundesanstalt
für Finanzdienstleistungsaufsicht (BaFin), of the way BlackRock has
interpreted its voting rights disclosure obligations under German law,
BlackRock entities are filing today a statement representing their holdings
as at the settlement date of 25 September 2014 in Bayer Aktiengesellschaft.

The statement does not reflect a change in BlackRock's current holdings of
voting rights. The statement simply updates information currently in the
market regarding BlackRock's holdings in Bayer Aktiengesellschaft. 
Further, the statement does not signify any change in investment strategies
pursued.

Also, BlackRock issues a press release detailing the BlackRock group
entities and their respective voting rights applicable to Bayer
Aktiengesellschaft and other relevant German issuers on
http://www.blackrock.com/corporate/en-gb/news-and-insights/press-releases
and on Bloomberg.

VOTING RIGHTS DISCLOSURE

 1. BlackRock, Inc.

Section 21, 22

BlackRock, Inc., New York, NY, U.S.A., hereby informs you pursuant to Sec.
21 para. 1 WpHG that its share in the voting rights of Bayer
Aktiengesellschaft (ISIN DE000BAY0017) on 25 September 2014 amounts to
7.13% (this corresponds to 58,957,463 out of a total of 826,947,808 voting
rights (the 'Total Voting Rights')).

2.85% of the Total Voting Rights (this corresponds to 23,553,162 voting
rights) are to be attributed to BlackRock, Inc. pursuant to Sec. 22 para. 1
sentence 1 No. 1 WpHG.

3.85% of the Total Voting Rights (this corresponds to 31,874,926 voting
rights) are to be attributed to BlackRock, Inc. pursuant to Sec. 22 para. 1
sentence 1 No. 6 in connection with sentence 2 WpHG.

0.41% of the Total Voting Rights (this corresponds to 3,391,767 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1
WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

0.02% of the Total Voting Rights (this corresponds to 137,608 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 2
in connection with sentence 2 WpHG as well as pursuant to Sec. 22 para. 1
sentence 1 No. 6 in connection with sentence 2 WpHG.

The voting rights pursuant to Sec. 21 para. 1 sentence 1 No. 1 WpHG are
attributed from the following undertakings which are controlled by
BlackRock, Inc. and whose holdings of voting rights amount to 3% each or
more in Bayer Aktiengesellschaft: BlackRock Holdco 2, Inc.; BlackRock
Financial Management, Inc.

 2. BlackRock Holdco 2, Inc.

Section 21, 22

BlackRock Holdco 2, Inc., Wilmington, DE, U.S.A., hereby informs you
pursuant to Sec. 21 para. 1 WpHG that its share in the voting rights of
Bayer Aktiengesellschaft (ISIN DE000BAY0017) on 25 September 2014 amounts
to 7.03% (this corresponds to 58,105,174 out of a total of 826,947,808
voting rights (the 'Total Voting Rights')).

2.85% of the Total Voting Rights (this corresponds to 23,553,162 voting
rights) are to be attributed to BlackRock Holdco 2, Inc. pursuant to Sec.
22 para. 1 sentence 1 No. 1 WpHG.

3.75% of the Total Voting Rights (this corresponds to 31,022,637 voting
rights) are to be attributed to BlackRock Holdco 2, Inc. pursuant to Sec.
22 para. 1 sentence 1 No. 6 in connection with sentence 2 WpHG.

0.41% of the Total Voting Rights (this corresponds to 3,391,767 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1
WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

0.02% of the Total Voting Rights (this corresponds to 137,608 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 2
in connection with sentence 2 WpHG as well as pursuant to Sec. 22 para. 1
sentence 1 No. 6 in connection with sentence 2 WpHG.

The voting rights pursuant to Sec. 21 para. 1 sentence 1 No. 1 WpHG are
attributed from the following undertakings which are controlled by
BlackRock Holdco 2, Inc. and whose holdings of voting rights amount to 3%
each or more in Bayer Aktiengesellschaft: BlackRock Financial Management,
Inc.

 3. BlackRock Financial Management, Inc.

Section 21, 22

BlackRock Financial Management, Inc., New York, NY, U.S.A., hereby informs
you pursuant to Sec. 21 para. 1 WpHG that its share in the voting rights of
Bayer Aktiengesellschaft (ISIN DE000BAY0017) on 25 September 2014 amounts
to 6.94% (this corresponds to 57,426,260 out of a total of 826,947,808
voting rights (the 'Total Voting Rights')).

2.85% of the Total Voting Rights (this corresponds to 23,553,162 voting
rights) are to be attributed to BlackRock Financial Management, Inc.
pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG.

0.03% of the Total Voting Rights (this corresponds to 232,163 voting
rights) are to be attributed to BlackRock Financial Management, Inc.
pursuant to Sec. 22 para. 1 sentence 1 No. 6 WpHG.

3.64% of the Total Voting Rights (this corresponds to 30,095,180 voting
rights) are to be attributed to BlackRock Financial Management, Inc.
pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence 2
WpHG.

0.41% of the Total Voting Rights (this corresponds to 3,391,767 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1
WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

0.02% of the Total Voting Rights (this corresponds to 137,608 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 2
in connection with sentence 2 WpHG as well as pursuant to Sec. 22 para. 1
sentence 1 No. 6 in connection with sentence 2 WpHG.

0.001% of the Total Voting Rights (this corresponds to 8,190 voting rights)
are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 6 as well
as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence
2 WpHG.

 4. BlackRock Advisors Holdings, Inc.

Section 21, 22

BlackRock Advisors Holdings, Inc., New York, NY, U.S.A., hereby informs you
pursuant to Sec. 21 para. 1 WpHG that its share in the voting rights of
Bayer Aktiengesellschaft (ISIN DE000BAY0017) on 25 September 2014 amounts
to 4.33% (this corresponds to 35,847,357 out of a total of 826,947,808
voting rights (the 'Total Voting Rights')).

2.09% of the Total Voting Rights (this corresponds to 17,246,173 voting
rights) are to be attributed to BlackRock Advisors Holdings, Inc. pursuant
to Sec. 22 para. 1 sentence 1 No. 1 WpHG.

0.02% of the Total Voting Rights (this corresponds to 137,608 voting
rights) are to be attributed to BlackRock Advisors Holdings, Inc. pursuant
to Sec. 22 para. 1 sentence 1 No. 2 in connection with sentence 2 WpHG.

1.87% of the Total Voting Rights (this corresponds to 15,463,667 voting
rights) are to be attributed to BlackRock Advisors Holdings, Inc. pursuant
to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence 2 WpHG.

0.36% of the Total Voting Rights (this corresponds to 2,999,909 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1
WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

 5. BlackRock International Holdings, Inc.

Section 21, 22

BlackRock International Holdings, Inc., New York, NY, U.S.A., hereby
informs you pursuant to Sec. 21 para. 1 WpHG that its share in the voting
rights of Bayer Aktiengesellschaft (ISIN DE000BAY0017) on 25 September 2014
amounts to 4.33% (this corresponds to 35,847,357 out of a total of
826,947,808 voting rights (the 'Total Voting Rights')).

2.09% of the Total Voting Rights (this corresponds to 17,246,173 voting
rights) are to be attributed to BlackRock International Holdings, Inc.
pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG.

0.02% of the Total Voting Rights (this corresponds to 137,608 voting
rights) are to be attributed to BlackRock International Holdings, Inc.
pursuant to Sec. 22 para. 1 sentence 1 No. 2 in connection with sentence 2
WpHG.

1.87% of the Total Voting Rights (this corresponds to 15,463,667 voting
rights) are to be attributed to BlackRock International Holdings, Inc.
pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence 2
WpHG.

0.36% of the Total Voting Rights (this corresponds to 2,999,909 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1
WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

 6. BR Jersey International Holdings L.P.

Section 21, 22

BR Jersey International Holdings L.P., St. Helier, Jersey, Channel Islands,
hereby informs you pursuant to Sec. 21 para. 1 WpHG that its share in the
voting rights of Bayer Aktiengesellschaft (ISIN DE000BAY0017) on 25
September 2014 amounts to 4.33% (this corresponds to 35,847,357 out of a
total of 826,947,808 voting rights (the 'Total Voting Rights')).

2.09% of the Total Voting Rights (this corresponds to 17,246,173 voting
rights) are to be attributed to BR Jersey International Holdings L.P.
pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG.

0.02% of the Total Voting Rights (this corresponds to 137,608 voting
rights) are to be attributed to BR Jersey International Holdings L.P.
pursuant to Sec. 22 para. 1 sentence 1 No. 2 in connection with sentence 2
WpHG.

1.87% of the Total Voting Rights (this corresponds to 15,463,667 voting
rights) are to be attributed to BR Jersey International Holdings L.P.
pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence 2
WpHG.

0.36% of the Total Voting Rights (this corresponds to 2,999,909 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1
WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

 7. BlackRock Group Limited

Section 21, 22

BlackRock Group Limited, London, United Kingdom, hereby informs you
pursuant to Sec. 21 para. 1 WpHG that its share in the voting rights of
Bayer Aktiengesellschaft (ISIN DE000BAY0017) on 25 September 2014 amounts
to 4.17% (this corresponds to 34,466,669 out of a total of 826,947,808
voting rights (the 'Total Voting Rights')).

2.04% of the Total Voting Rights (this corresponds to 16,843,331 voting
rights) are to be attributed to BlackRock Group Limited pursuant to Sec. 22
para. 1 sentence 1 No. 1 WpHG.

1.77% of the Total Voting Rights (this corresponds to 14,623,429 voting
rights) are to be attributed to BlackRock Group Limited pursuant to Sec. 22
para. 1 sentence 1 No. 6 in connection with sentence 2 WpHG.

0.36% of the Total Voting Rights (this corresponds to 2,999,909 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1
WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

 8. BlackRock Investment Management (UK) Limited

Section 21, 22

BlackRock Investment Management (UK) Limited, London, United Kingdom,
hereby informs you pursuant to Sec. 21 para. 1 WpHG that its share in the
voting rights of Bayer Aktiengesellschaft (ISIN DE000BAY0017) on 25
September 2014 amounts to 3.21% (this corresponds to 26,546,116 out of a
total of 826,947,808 voting rights (the 'Total Voting Rights')).

2.04% of the Total Voting Rights (this corresponds to 16,843,331 voting
rights) are to be attributed to BlackRock Investment Management (UK)
Limited pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG.

1.11% of the Total Voting Rights (this corresponds to 9,153,481 voting
rights) are to be attributed to BlackRock Investment Management (UK)
Limited pursuant to Sec. 22 para. 1 sentence 1 No. 6 WpHG.

0.05% of the Total Voting Rights (this corresponds to 421,568 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1
WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 WpHG.

0.02% of the Total Voting Rights (this corresponds to 127,736 voting
rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1
WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WPHG.



30.09.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Bayer Aktiengesellschaft
              Kaiser-Wilhelm-Allee 1
              51373 Leverkusen
              Germany
Internet:     www.bayer.com
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------