Midland, MI - November 14, 2008

The Dow Chemical Company announced today that Dow chairman and chief executive officer Andrew N. Liveris has purchased 20,000 shares of Dow stock at a price of $23 per share, adding to a very active cycle of buying by Dow executive management over the past two weeks.

Since October 27, Dow management has purchased more than 53,000 shares of Dow stock on the open market at a total price of more than $1.2 million.

"I believe nothing speaks louder than action," said Liveris. "This management team is committed to our transformational strategy, and the personal investments we have made in our Company over the past two weeks reflect this commitment.  We know that, in the end, Dow will emerge a winner. And at today's price, Dow stock is returning a healthy dividend yield of more than 7.5 percent, which is very appealing in this economic environment as well."

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Bob Plishka
The Dow Chemical Company
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