October 16, 2001 -- Dow AgroSciences LLC and DeKalb Genetics Corporation jointly announced the resolution of a significant patent dispute regarding the use of Bacillus thuringiensis (Bt)
insect-resistance technology in corn.

In a lawsuit filed in U.S. District Court for the Northern District of Illinois, DeKalb had alleged that Dow AgroSciences Bt corn products, including Herculex I insect-resistant corn, which Dow
AgroSciences plans to introduce in 2002, violated multiple patents held by DeKalb which cover
various technologies involving the use of Bt in corn. Through a license and settlement agreement, Dow AgroSciences has obtained a license to the DeKalb
patents for the sale of Herculex corn, as well as Dow AgroSciences' yet to be introduced
Bt product intended to control corn rootworm, in exchange for the payment of a
royalty to DeKalb.