BUY-BACK OF GLAXOSMITHKLINE K.K. SHARES OWNED BY SUMITOMO CHEMICAL

GlaxoSmithKline plc, GlaxoSmithKline K.K., and Sumitomo Chemical Co., Ltd., have reached an agreement whereby GlaxoSmithKline K.K. will buy all of its shares currently held by Sumitomo Chemical. The acquisition of shares will take place on 7 August. As a result of this transaction, GlaxoSmithKline K.K. will become a 100% owned subsidiary of the GlaxoSmithKline group.

Chemie.DE (http://www.chemie.de/news/e/56801/?pw=a&defop=and&wild=yes&sdate=01/01/1995&edate=08/03/2006)