Dow Increases Epoxy Resin Prices in Asia Pacific, Middle East, Africa and Indian Subcontinent

Hong Kong - May 22, 2007

Dow Epoxy, a business unit of The Dow Chemical Company (“Dow”), is announcing price increases for D.E.N.™ epoxy novolac resins and D.E.R.™  liquid, liquid blend, solid, solid solution and brominated epoxy resin products.

The increases, effective June 1, 2007, or as contract terms allow, apply to the following regions: Asia Pacific, Europe (Western Europe, Eastern Europe including Turkey), the Middle East, Africa, India and Pakistan.

Asia Pacific:

Prices will rise by US$100 per metric ton for D.E.R. liquid, liquid blend, solid and solid solution, brominated epoxy resins, and D.E.N. epoxy novolac resins.

Europe, Middle East, Africa, Indian Subcontinent:

Prices will rise by €100 per metric ton for D.E.R. liquid, liquid blend, solid solution, brominated epoxy resins and D.E.N. epoxy novolac resins.

The increases are in addition to all those previously announced in the affected regions. Customers interested in learning more about the price increase should contact their local Dow sales representative.

About Dow Epoxy

Dow Epoxy is a leading global producer of epoxy resins, intermediates and specialty resins. The business offers differentiated solution-based products and innovative technologies and services to customers spanning a wide range of market segments, including: powder coatings, marine and protective coatings, packaging coatings, coil coatings, automotive coatings, UV curable coatings, civil engineering, structural and corrosion-resistant composites, adhesives, electrical laminates and electrical castings/potting and encapsulation/tooling. More information about Dow Epoxy is available at www.dowepoxy.com and www.epoxyavenue.com.

About Dow

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For Editorial Information:

Joyce Tzang
The Dow Chemical Company
+852 2879 7321