Dow Announces Epoxy Resin Price Increases in North America

Midland, MI - July 13, 2006

Dow Epoxy, a business unit of The Dow Chemical Company (“Dow”), is raising list and off-list prices for D.E.R.™ liquid, liquid blends, solid, solid solution and brominated epoxy resins by $0.06 per pound in North America. Prices for D.E.N.™ epoxy novolac resins and D.E.H.™ epoxy curing agents will also rise by $0.06 per pound in the region.

These increases are effective August 1, 2006, or as contract terms allow. All other terms and conditions of sale for products affected by these price increases remain unchanged.

The increases are in addition to the previously announced epoxy resin price increases in North America that became effective on July 1, 2006.

Dow says the increase is driven by volatile raw material costs and tight supply/demand conditions globally. In light of these market conditions, the company says it will be carefully monitoring order volumes for the remainder of July.

Customers interested in learning more about the price increases should contact their local Dow sales representative. For more information about epoxy resins from Dow, please visit www.dowepoxy.com, www.epoxyavenue.com or call the Customer Information Group (CIG) at 1-800-441-4369, or 1-989-832-1560 from other global regions.

About The Dow Chemical Company

Dow is a diversified chemical company that harnesses the power of science and technology to improve living daily. The Company offers a broad range of innovative products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $46 billion and employs 42,000 people worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

For Editorial Information:

David Cameron
The Dow Chemical Company
(989) 636-3369