Consensus Forecasts

April 2012

Consensus compiled by Vara from forecasts by 29 analysts.


2012

$ High Mean Low
Sales 14'620m 14'217m 13'723m
EBITDA* 3'411m 3'228m 3'040m
Net Income 2'083 m 1'837 m 1'700m
Earnings per share (EPS)** 24.21 21.88 19.84

2013

$ High Mean Low
Sales 16'017m 15'051m 14'259m
EBITDA* 3'784 m 3'492m 3'254m
Net Income 2'419m 2'127m 1'868m
Earnings per share (EPS)** 28.27 24.29 21.71

* excluding restructuring and impairment
** EPS on a fully-diluted basis, excluding restructuring and impairment


2012 Outlook

In 2012, we expect sustained sales growth and further market share gains.

CHF High Mean Low
  410 333 265

Analysts Covering Syngenta

The following list* includes institutions that publish regular research reports on Syngenta. Their reports have been used to create the consensus forecast included above.

Institution Analyst
Bank am Bellevue Bruno Eschli
Bank of America Merrill Lynch Andrew Stott
Berenberg Bank Jaideep Pandya
Bernstein Jeremy Redenius
BZ Bank Aktiengesellschaft Eric Bonvin
CA Cheuvreux Martin Roediger
Citigroup Andrew Benson
Collins Stewart Paul Satchell
Credit Suisse Rhian Tucker
Deutsche Bank Virginie Boucher-Ferte
DZ Bank Heinz Müller
Exane BNP Paribas

Heidi Vesterinen / James Knight

Gilford Securities Paul Christopherson
Goldman Sachs Richard Logan
HSBC Geoff Haire
J.P. Morgan Neil Tyler, Martin Evans
Kepler Capital Markets Bettina Edmondston
Macquarie equities research Juergen Reck
Main First Bank AG Ronald Köhler
Morgan Stanley Paul Walsh
Nomura Jean De Watteville
Redburn Partners Tony Jones
Societe Generale Patrick Lambert
UBS Thomas Gilbert
Liberum Sophie Jordier
Vontobel Patrick Rafaisz
Jefferies Lucy Watson
Equita Massimo Bonisoli
ING Fabian Smeets

* The above list is a selection of analysts currently covering Syngenta. We do not make any claim that this list is comprehensive of all institutions publishing regular research reports on Syngenta.

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Disclaimer

Any opinions, forecasts, estimates, projections or predictions regarding Syngenta's performance made by the analysts are theirs alone and do not represent the opinions, forecasts, estimates, projections or predictions of Syngenta. By providing these names, Syngenta does not imply its endorsement of or concurrence with their reports, conclusions or recommendations and Syngenta does not assume any liability for the accuracy of the information.

Please note that this list does not constitute a solicitation to buy, hold or sell securities.